July 2004/1

In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.

Lloyd's insurer Kiln is close to topping out its £260mn Syndicate 510 property capacity for 2004, surprising the marketplace and leaving some brokers high-and-dry when it comes to placing renewal business. Sources suggest it seems that rates didn't fal

Warren Buffett is backing a newly created company Capital Insurance Holdings to become a dominant force in the quoted Lloyd's sector... The Lloyd's insurance sector faces an unprecedented bout of consolidation fever, if Berkshire Hathaway's strategy to

Investigation by The Insurance Insider cited in FSA writ... The Financial Services Authority (FSA) is taking Hogarth Underwriting and its founder Billy Dewsall to court for their part in placing business with CIC, the unrated, off-shore insurance compa

The independent reinsurance broker RK Carvill has lost its leading LMX team following the resignation of Nick Frankland. A senior RK Carvill producer, Frankland, together with two colleagues, has left the group and the expectation is that they may join

In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.