Myles Neligan, Reuters

• Boeing Insurer: Too Early to Say How Big 787 Claims Will Be

  By Myles Neligan, Reuters  |  January 31, 2013

  Boeing Co has some insurance in case its aircraft are grounded, but it is far too soon to say whether the problems with the 787 Dreamliner will lead to significant claims, the head of the plane maker's lead insurer said on Wednesday.

• New Generali Boss Outlines Shift Toward Non-Life Business to Boost Profits

  By Lisa Jucca, Reuters, Myles Neligan, Reuters  |  January 14, 2013

  New Generali boss Mario Greco hopes to raise 4 billion euros ($5.3 billion) from selling non-strategic businesses, in a "revolution" aimed at turbocharging the Italian insurer's financial performance by 2015.

• Art Insurers Face Record Loss from Sandy

  By Sarah Mortimer, Reuters, Myles Neligan, Reuters  |  December 21, 2012

  Fine art insurers face claims of up to half a billion dollars, their biggest ever payout, to compensate the owners of artwork destroyed when Superstorm Sandy flooded galleries in New York.

• Lloyd's of London Insurers Eye $375M Sandy Hit

  By Myles Neligan, Reuters  |  December 18, 2012

  Three of the Lloyd's of London insurance market's leading players owned up to a combined loss of about $375 million from superstorm Sandy and warned the final bill could change.

• Talks over UK Flood Insurance Fund Break Down

  By Myles Neligan, Reuters  |  November 26, 2012

  Britain has refused to bankroll a fund to subsidize insurance for households in flood-prone areas, derailing talks over the scheme and potentially leaving 200,000 homes without protection.

• Iran Oil Liability Fears Grow as Insurance Ban Bites

  By Jonathan Saul, Reuters, Myles Neligan, Reuters  |  November 14, 2012

  A ban on European Union insurers covering Iranian oil exports has forced shipowners to fall back on new, untested insurance providers, raising fears that governments may have to pay in the event of an oil spill.

• Sandy Hit Manageable for Insurers: Hiscox

  By Myles Neligan, Reuters  |  November 5, 2012

  Superstorm Sandy won't put insurers' finances under severe strain, and may allow them to push through a profit-boosting rise in prices next year, Hiscox , the biggest London-listed reinsurer, said on Monday.

• EU Weighs 2-Year Delay for Insurer Capital Rules

  By Myles Neligan, Reuters, Jonathan Gould, Reuters  |  October 25, 2012

  European Union officials have entertained the idea of a two-year delay in the implementation of strict new capital rules for the bloc's insurers, an internal document shows.

• Insurers Face Tougher Times as Somali Piracy Drops

  By Myles Neligan, Reuters  |  September 21, 2012

  A dramatic fall in pirate attacks off the Somali coast is forcing down the cost of piracy insurance for commercial ships, taking the shine off a fast-growing and lucrative market for London-based insurers.

• Libor Scandal Makes It More Costly for Bankers to Get Insured

  By Ben Berkowitz, Reuters, Myles Neligan, Reuters  |  July 25, 2012

  Some of the world's largest insurers for corporate directors and officers could be on the hook for hundreds of millions of dollars in claims over the next few years to cover legal costs for people caught up in the Libor scandal.

• EU Insurer Capital Rules at Risk of Delay - ABI

  By Myles Neligan, Reuters  |  July 13, 2012

  Strict new capital rules for European Union insurers could be delayed after talks aimed at ironing out disagreements over the final shape of the so-called Solvency II regime ended fruitlessly, Britain's insurance industry lobby said.

• UK Insurers Face Flood Losses; Prices May Rise

  By Myles Neligan, Reuters  |  June 12, 2012

  British insurers face big claims for flooding after the heavy rainfalls across the country this month, making it harder for them to hit profit targets and potentially forcing them to raise premium rates for consumers, analysts said on Tuesday.

• Insurers' Greek Exit Could Push Up Prices for Consumers

  By Karolina Tagaris, Reuters, Myles Neligan, Reuters  |  June 1, 2012

  The decision by trade insurers this week to stop covering exporters shipping to Greece could have "alarming" consequences, exacerbating shortages and pushing up prices for consumers, the country's retail federation said on Friday.

• Insurer Aviva's Boss Waives Pay Rise

  By Myles Neligan, Reuters  |  April 30, 2012

  British insurer Aviva's chief executive Andrew Moss has waived his 2012 salary increase, bowing to shareholder concerns over executive pay three days before he is due to face investors at the group's annual general meeting.

• Europe Postpones Insurer Capital Rules Change

  By Myles Neligan, Reuters  |  April 26, 2012

  The European Union is to put back by six months the deadline for member countries to enshrine strict new capital requirements for insurers into their law, drawing criticism from the industry over the reduced time available to adapt to the final version of the rules.

• Solvency II Capital Rules Create Debt Opportunity

  By Myles Neligan, Reuters  |  October 18, 2011

  Insurers are seldom fazed by technical complexity or heavy expenditure, yet even they have flinched when confronted with the intricacy and high implementation costs of Solvency II, a set of new capital rules for the European insurance industry.