May 2005/6
-
The head of Xchanging’s London market sector Clive Buesnel is to pioneer the rollout of the outsourcing firm in the US, The Insurance Insider can reveal.
-
Reinsurer Hannover Re confirmed last week that it had successfully completed its EUR500mn hybrid capital bond via its subsidiary Hannover Finance (Luxembourg) SA.
-
Former FirstCity professional indemnity executive Roddy Graham has joined Thompson Heath & Bond Ltd (THB), Insider Week understands.
-
Rostrum Group, the third largest investor in the Lloyd’s quoted insurance stocks, is winding up its involvement in the sector because of a failure to generate consolidation among the companies.
-
Kinnect, the Lloyd’s-backed electronic data transfer initiative, has confirmed that it is recoding its platform for future releases. Speaking to Insider Week, Iain Saville, chairman of Kinnect, said the re-coding aimed to improve the functionality...
-
Matthew Fosh, the chief executive of Lloyd’s insurer SVB Holdings plc, described his company’s first quarter syndicate forecasts as “pleasingly uneventful” last week. The insurer – which continues to battle against a legacy of US professional indemnity
-
Ambitious Lloyd’s listed insurer Chaucer Holdings said it plans to double its current underwriting capacity by the time the next sector cycle peaks, as it reported a positive start to the year in its latest trading statement, released to the London Stock
-
Marsh Inc may be disposing of its wholesale units less than a year after it swooped for London based operation Prentis Donegan. Last week, following an MMC board meeting, the broking giant confirmed that it was “exploring strategic alternatives”...
-
The president and chief operating officer of US broker Hilb Rogal & Hobbs Co. (HRH) resigned last week (26 May) after evidence was uncovered of his involvement in illegal payments in exchange for steering accounts to insurers.
-
After multiple delays, under-fire insurer AIG has announced today that it has finally filed its 2004 Form 10-K with the Securities and Exchange Commission (SEC). The insurance giant, which was forced to restate its accounts in the wake of the SEC...
-
Advent Capital (Holdings) plc will float later this week on the Alternative Investment Market (AIM) in an IPO that will value the Lloyd’s insurer at £77mn.
-
Declining P&C insurance rates, the weak dollar and the impact of Spitzer were all blamed by South African financial services firm Alexander Forbes for a 5 percent decline in revenues in its international risk services unit.
Most Recent
-
Lancashire offers to buy out Names on Syndicate 2010
01 July 2025 -
Hadley set to leave MCI Syndicate 1902 for Starr
01 July 2025 -
Vantage’s Patel joins Aon as FI industry lead
01 July 2025