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There are 65,127 results that match your search.65,127 results
  • Copenhagen Re's future uncertain after further downgrade
    Copenhagen Re, (Cop Re) a popular source of non-marine reinsurance for Lloyd's Syndicates, has been the subject of another ratings action by Moody's. Following the 11 September attacks Cop Re announced net losses in the range of $20mn to $32mn.
    01 November 2001
  • Trenwick - $96m net loss for third quarter
    Trenwick Group Ltd has reported its third quarter 2001 results, blaming the 11 September attacks for the downturn. For the first nine months of the year the group reported an overall loss of $128mn, although premium incomes were up (gross $1,061mn and net
    01 November 2001
  • Allianz blames WTC business interruption
    German insurer Allianz blamed increasing business interruption claims as it increased its estimated net exposures to the WTC attacks.
    01 November 2001
  • NY aircrash led by global aerospace
    The London market consortium Global Aerospace Underwriting Managers is believed to have led the coverage on the American Airlines plane that crashed into New York on the 13 November.
    01 November 2001
  • Plain English: Pecuniary Loss
    English can often be misleading, so we have rustled up a guide to aid understanding to the minefield of Lloyd's business jargon. This month its the opaque business description “pecuniary loss”. Frustrated by being fed misinformation about the risks of
    01 November 2001
  • The Search for Capital
    While Bermuda attracts $8bn of fresh capital post 11 September, investors are less confident about backing the Lloyd's market While Bermuda basks in almost $8bn of new, post 11 September capital, Lloyd's insurers are scrambling around to ensure they ca
    01 November 2001
  • Concern over XL Capital's Lloyd's operations
    Following its rival ACE, XL Capital announced plans to raise over $600mn through the sale of 7mn ordinary shares in the light of the improving rating environment.
    01 November 2001
  • Aon terrorism rider causes $100m PA loss
    According to market sources, Aon placed a business travel lineslip into the London market which, in addition to covering employees while on corporate travel, had a terrorism rider extending coverage to all employees victim of a terrorism attack. Aon origi
    01 November 2001
  • Lloyd's stocks improve warily
    Valuations improve but insurers remain nervous of equity issue While the quoted Lloyd’s insurers have begun to claw back their valuations which were devastated by the 11 September attacks, their reluctance to raise funds via equity issues reflects the
    01 November 2001
  • In the Limelight - Snide cast's his caustic eye over the market...
    CBS fights for survival Eton, The Guards and Millwall Football Club: has anyone ever had a better grounding for a career at Lloyd's than the Honourable Charles Anthony Assheton Harbord-Hammond, managing director of CBS Insurance Holdings Plc (and, just
    01 November 2001
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