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Kiln and Hiscox assuage sub-prime fears
Lloyd’s (re)insurer Kiln plc released full details of its investment portfolio last week, as market uncertainty continued over insurance company’s exposure to sub-prime debt and collateralised debt obligations (CDOs).
20 August 2007
IPCRe tallies international exposures at Q3
It may have been another benign year for US hurricanes, but IPCRe’s international book means it has inevitably taken a number of hefty non-US catastrophe losses, not least from the UK summer floods.
24 October 2007
Bullish Hyperion looks to 2012 for IPO
Hyperion Insurance Group is working towards a potential initial public offering (IPO) in 2012 if and when a market valuation of £250mn can be met, according to its CEO.
21 February 2011
Chaucer price drifts as rival bidders remain in the shadows
Chaucer plc's share price has deflated by 10 percent since it emerged that Terra Firma had approached the Lloyd's insurer, amid growing scepticism over Lime Street ever seeing a bidding war.
21 February 2011
Sunshine returns to ILS sector
After a pause caused by events in Florida, the industry is again repackaging its risks onto the capital markets. Indeed, the number of shelf registrations reflects the vibrancy of the ILS market...
11 May 2007
JLT in multi-million pound settlement over bitter poaching dispute
Jardine Lloyd Thompson Group (JLT) has paid millions of pounds to settle an acrimonious dispute concerning the defection of more than a dozen Aon aviation executives.
01 July 2010
Quinn suitors given 16 July deadline
Macquarie Capital, which is managing the sale of troubled Quinn Insurance and sister company Quinn Healthcare, has set a 16 July deadline for expressions of interest, The Insurance Insider revealed
12 July 2010
Flagstone defies $50mn NZ loss and analysts to post profit
Luxembourg-domiciled Flagstone Re bucked analyst expectations of a Q3 loss and a $52.5mn net loss from the Christchurch earthquake to book profits of $37.3mn for the period.
02 November 2010
Profits leap at Royal & Sun Alliance
UK insurer Royal & Sun Alliance (R&SA) today (9 March) reported a £685mn leap in its full year after tax profits. After tax profits were £605mn last year, a marked improvement on 2004’s £80mn loss. Profits before tax rose to £865mn in 2005 from...
09 March 2006
Equity losses raise questions over motor insurance market
Motor underwriters look set to face increased scrutiny over the extent of their recent difficulties, after external auditors forced Equity to strengthen reserves against losses approaching £200mn.
07 June 2010
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