2793

Insurers braced for billion-dollar losses from US drought

AIR estimates losses up to $20bn

2791

US sells remaining AIG assets for $6.6bn gain

Brings taxpayer bail-out of insurer to close

2759

L&G expects Solvency II delay

Will be "later than 2014"

2758

US captives struggling, says AM Best

Saw 2011 net income decrease of 21%

2408

Greenberg: "Insurers face regulatory assault"

Solvency II is "overly bureaucratic", says Ace CEO

2389

Reinsurers remain hesitant

Despite positive Q1 results, says Willis Re

2387

Growth expected in UK life insurance

But general insurance sector "area of concern", say CBI and PwC

2374

Catastrophes push Lloyd's into the red

London market reports a £516m loss

2370

Insurers reduce exposures to "peripheral" countries

But significant risks remain for Generali and Groupama

2344

Capital event needed for true hard market

Cat losses of 47 insurers equalled 11% of premiums in 2011