November 2005/5

Lord Levene used his ‘Chairman’s View’ lecture to the Insurance Institute of London speech at Lloyd’s on 24 November to announce a three-year strategic plan for market reform to be published next January. The chairman also used his lecture to warn the...

Lloyd’s reinsurer Advent Capital has increased its Katrina loss estimate by almost 50 percent and unveiled plans for a heavily discounted £30mn equity issue to fund its underwriting for next year. The reinsurance specialist revealed last week that...

In a pioneering move, Lloyd’s is set to form an Islamic reinsurance syndicate to target Shari’a compliant business which will be managed by Creechurch Holdings Ltd, Insider Week can exclusively reveal. According to sources, the takaful reinsurance...