December 2005/3

In its half-year results announcement, Lloyd’s run-off vehicle Equitas said that despite success in securing settlements with a further seven direct asbestos assureds, similar deals on inwards reinsurance liabilities had been significantly slower than...

Liberty Syndicates announced last week that it is raising its capacity for 2006 to £912mn, up 27 percent from this year. The Lloyd’s (re)insurer intends to use the extra capacity to support increased underwriting across all five of its divisions...

Class of 2005 reinsurer looks to be the first start-up on AIM since PRI As exclusively revealed in the December 2005 issue of our sister title The Insurance Insider, Bermudian start-up reinsurer Lancashire Holdings Ltd is set to float on the London...