• UPDATE 1-Insurer James River Group files for IPO Friday, 7 Nov 2014 | 7:23 AM ET

    Nov 7- James River Group Holdings Ltd, a Bermuda- based insurance holding company, filed for an initial public offering of common shares that would raise up to $288 million. Hedge fund D.E. Shaw& Co LP's affiliates own 72.6 percent of the insurer's Class A common shares, while Goldman Sachs Group Inc owns 26.3 percent. Keefe Bruyette& Woods, UBS Investment Bank, FBR...

  • M&S and Brenntag surge as European shares bounce back Wednesday, 5 Nov 2014 | 12:44 PM ET

    *Marks& Spencer jumps after results. PARIS/ LONDON, Nov 5- European stocks rebounded on Wednesday, helped by positive company results including those from British retailer Marks& Spencer, whose shares surged nearly 10 percent higher. Marks& Spencer jumped 9.7 percent after posting a rise in underlying first-half profit for the first time in four years, beating...

  • Besides losses from the Malaysia Airlines jet downed over Ukraine and the destruction of planes at Tripoli airport, property and casualty insurers saw few big payouts while life insurers reported a healthy rise in sales. Two years ago, insurers paid about $30 billion in claims after Hurricane Sandy battered the United States while floods in central Europe...

  • *Marks& Spencer jumps 8.3 pct after results. British retailer Marks& Spencer surged 8.3 percent after posting a rise in underlying first-half profit for the first time in four years, beating expectations, while German chemicals distributor Brenntag gained 7.8 percent, boosted by forecast-beating earnings. About halfway into Europe's earnings season, 64...

  • WASHINGTON, Nov 3- MetLife has retained a top Washington lawyer in its bid to escape a plan by the U.S. financial risk council to subject it to far tougher rules, a sign the largest U.S. insurer may be preparing a legal challenge. A MetLife spokesman told Reuters the company had retained Eugene Scalia, a partner at law firm Gibson Dunn LLP, who has successfully fought...

  • Hedge funds muscle into reinsurance, attracting doubters Wednesday, 29 Oct 2014 | 8:59 AM ET

    LONDON, Oct 29- Hedge funds are muscling their way into the market to share the cost of cleaning up after natural catastrophes, but sceptics are questioning whether they will stick around ahead of the next "big one" as underwriting returns fall. John Rathgeber, CEO of Watford Re which opened its doors this year, said his group used leverage and invested in assets such...

  • Low rate world 'fool's paradise': Expert   Friday, 11 Jul 2014 | 7:20 AM ET
    Low rate world 'fool's paradise': Expert

    In a low-rate environment it's hard for our clients to save money through us and have enough income, says Steve Miller, AIG non-executive chairman, discussing how low interest rates are impacting his business.

  • We can react to interest rate moves: Hannover Re CFO   Wednesday, 14 May 2014 | 2:40 AM ET
    We can react to interest rate moves: Hannover Re CFO

    Roland Vogel, CFO of Hannover Re, says the company likes higher interest rates and can react to moves in the rate.

  • Munich Re 'not concerned' by strong euro: CFO   Thursday, 8 May 2014 | 5:00 AM ET
    Munich Re 'not concerned' by strong euro: CFO

    Jorg Schneider, CFO at Munich Re, says the group is overall not concerned by the strong euro and discusses the group's investment strategy to make returns in the current low-yield environment.

  • Buffett: Climate change has had no effect on insurance market

    Billionaire Warren Buffett told CNBC on Monday that he does not see climate change impacting insurance prices "three years or five years from now."

  • Munich Re's capital position 'comfortable': CFO   Thursday, 7 Nov 2013 | 5:00 AM ET
    Munich Re's capital position 'comfortable': CFO

    Joerg Schneider, CFO at Munich Re, says the group is resuming its share buyback program because it's in a "very comfortable capital position."

  • SAC to shutter London office in downsizing move Tuesday, 22 Oct 2013 | 2:45 PM ET
    Steven A. Cohen

    SAC Capital Advisors will shut down its London office by the end of the year as the hedge fund downsizes, according to a memo sent to staff on Tuesday.

  • European Reinsurance Sector Doing Well: Pro   Tuesday, 7 May 2013 | 5:20 AM ET
    European Reinsurance Sector Doing Well: Pro

    Tom Carstairs, analyst at Berenberg, highlights that results from European re-insurers have been quite strong and explains why he expects pricing pressure to impact the sector in Q3.

  • Swiss Re: Results Due to No Large Losses   Thursday, 2 May 2013 | 3:45 AM ET
    Swiss Re: Results Due to No Large Losses

    George Quinn, CFO of Swiss Re, tells CNBC that their strong result was down to unusual circumstances of no large losses at all combined with a strong underlying profit from the team.

  • Swiss Re Chief: Govs Must Manage Risk Better   Thursday, 24 Jan 2013 | 11:30 AM ET
    Swiss Re Chief: Govs Must Manage Risk Better

    Michel Lies, CEO of reinsurer Swiss Re says authorities in both developed and developing countries still have considerable risk management work to do.

  • Does Asia Need Its Own Version of 'Obamacare'?   Tuesday, 20 Nov 2012 | 7:10 PM ET
    Does Asia Need Its Own Version of 'Obamacare'?

    Paul Murray, MD of Life & Health Products at Swiss Re thinks longer life spans in Asia will drive up health care costs, which presents a big opportunity for both governments & the health insurance sector.

  • corn_field_dry_200.jpg

    The recent dry weather affecting crops across the midwest of America will hit the reinsurance industry with perhaps the biggest loss ever, according to Nikolaus von Bomhard, Chairman at Munich Re.

  • Church Street Marketplace. Burlington, VT

    Smaller businesses that want to cut the costs of health insurance for their employees are using captive insurers to save money on premiums but also to reduce income taxes and transfer money to heirs free of estate tax.

  • Prudential Loves London; Brussels, Not So Much Tuesday, 13 Mar 2012 | 6:42 AM ET

    The management of UK-based Prudential has made no decision on whether to relocate outside of the European Union but is watching with apprehension Brussels' plans to introduce new regulation for insurers, CEO Tidjane Thiam told CNBC.

  • A fallen tree which also knocked over a power line is seen on Loughboro Road after Hurricane Irene swept through the area.

    Hurricane Irene was the 'Perfect Storm' for insurers in a different sense of the cliche. The weakened storm that spared New York city from major damage gave the wealthy and rarely hit Northeast enough of a scare because of ominous weather forecasts leading up the storm that property insurers will be able to raise pricing even more next year, according to a Morgan Stanley analyst.