August 2005/3
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ACE reigns in on back of softening rates : Arch earnings rise on investments : Aspen Re continues growth : Axis powers ahead : Endurance shows staying power : Everest Re operating earnings plateau : IPC Re optimistic on cat conditions, et al...
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Lloyd's has warned its franchisees to expect the Central Fund levy to double next year from a current 0.5 percent of capacity to 1 percent as the Society looks to bolster its financial strength.
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In our regular monthly International News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
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In our regular monthly London News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
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But benign start to the year boosts earnings as sector starts to cycle manage...
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Allmerica double profits : Benign loss history bolsters Allstate in Q2 : PL reserve improvement aids Chubb : Net income up 38% at HCC : Markel profits up despite falling premiums : Investment gains for STA : Strong Q2 for WR Berkley :
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The legal team of former AIG CEO Maurice "Hank" Greenberg has published a "white paper" critiquing the company's restatement of its 2004 results.
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Swiss reinsurer Converium came out ahead of expectations on 9 August to post a second quarter net profit of $70.8mn, as against a net loss of US$ 660.0mn in the same period of 2004.
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When Standard & Poor's (S&P) raised France-based reinsurer SCOR's rating from "BBB+" to "A-" this month it was yet another positive sign that the firm has returned to a position of profitability and stability.
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Aon set to follow MMC in announcing widespread cost-cutting measures to adapt to post-Spitzer world
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Global brokers are facing the squeeze, but Aon's resilience encourages investors
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Speculation continues to mount as The Insurance Insider goes to press over the identity of possible suitors for Room Solutions, a leading Lloyd's IT provider.
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