June 2005/4

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

Despite boosting asbestos reserves by £167mn, Lloyd's pre-1993 run-off vehicle Equitas heralded a year of progress which has left it in a stronger financial condition as it announced its financial results for the year ended 31 March 2005 early this month.

Leading (re)insurance brokers Willis and Guy Carpenter both released reports praising recent progress at Lloyd's in what was a challenging year for the industry.

Insurer AIG continued to feel the full force of US regulators' ire this month with further fallout from recent investigations into its use of finite reinsurance.

In its recent global annual report and accounts, world's oldest insurance market Lloyd's published a £1.19bn profit for the 2002 year of account based on the three-year accounting method, earned on net premiums of £7.6bn and boosted by £510mn gross...

Just days after leading Lloyd's investor Rostrum Group announced it would cut loose its interests in Lloyd's quoted insurance stocks, citing a failure to foster consolidation among the companies, news broke that Amlin plc was in talks with fellow...

The Insurance Insider provides full analysis of CBS's ambitious plans to set up a collective Lloyd's investment fund. Can it work where others have failed?

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