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US floods to cost at least $1bn

12:40, 06 October 2015
Floodwaters close in on homes near Lake Katherine, Columbia, South Carolina: flooding was worst in the state capital
© 2015 Chuck Burton/AP

South Carolina sustains record flooding

Motor bucks trend as US commercial market softens

12:10, 06 October 2015
Cars on the interstate near Los Angeles: US commercial motor rates were up 2% on average in September, bucking the general flat pricing trend

US commercial market prices down 1% in September

Berkley Re UK hires XL Catlin duo to set up global facultative property unit

07:50, 06 October 2015
London: Berkley Re UK's global facultative property unit will be based in the city

Alex Galea was most recently manager for international property facultative business at XL Re

Amlin shareholders to vote on Mitsui deal on November 3

07:46, 06 October 2015
Amlin: November 3 date for court meeting to sanction scheme of arrangement to transfer Amlin's share capital to Mitsui Sumitomo

Court meeting will sanction the scheme of arrangement to transfer shares

Validus estimates Tianjin and Chilean quake losses at $63.9m

06:49, 06 October 2015
The aftermath of the Tianjin port explosion: Validus estimates the disaster will cost it $43.9m
© 2015 Ng Han Guan/AP

Validus Re accounts for $48m of the losses

European leaders cast net wide for growth

06:46, 06 October 2015

Poor prospects in their domestic markets are encouraging Europe’s insurers to target foreign markets, but in a selective way


Troops from EU Navfor flagship ITS SanGiusto captures suspected pirates in the Gulf of Aden

The global kidnap and ransom insurance and crisis management sector, which grew more than 50% between 2006 and 2013 as a result of piracy activity,...


London: more initiatives ahead for the market – but will will they cost?

The London market needs to modernise but beware the costs


More Reratings


Zurich: the group has promoted Aln Fairhead to chief underwriting officer for general insurance

Unit's chief executive conducting review of business


The competing takeover offers from Capita and Apollo Global Management value the company’s shares at as much as £421m.


Hurricane Joaquin: the storm is not expected to make US landfall

But storm projected to veer east of US

Insurance Day video

Monte Carlo bites: Hamilton's Brian Duperreault

16 September 2015
Monte Carlo bites: Hamilton's Brian Duperreault
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