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Arch profits boosted by reserve releases; Chubb raises 2010 targets
Bermudian Arch Capital followed its compatriot Platinum Underwriters in booking a solid set of Q2 figures as its bottom line benefitted from improving investment conditions and healthy reserve releases.
24 July 2009
Validus leads race to acquire Lloyd’s insurer
The Bermudian (re)insurer Validus Holdings Ltd has emerged as the front-runner to buy the up-for-sale Lloyd’s insurer Talbot Underwriting Holdings, The Insurance Insider understands.
30 April 2007
Amlin pays lower tax rate than some UK non-doms
Amlin does not need to redomicile away from the UK because it can pay offshore tax rates while remaining onshore, according to chief executive Charles Phillipps.
09 March 2010
Lloyd's insurers upbeat on trading statements
The London market is enjoying strong rate rises in 2006, according to trading statements from three leading quoted Lloyd's (re)insurers.
30 May 2006
BMA outlines plans for SII equivalence
The Bermuda Monetary Authority (BMA) has outlined a roadmap for creating a regulatory framework that is recognised as equivalent to the European Solvency II (SII) regulations.
07 February 2011
Q1 results: AIG/Chartis; Lancashire; Validus; Markel
Chartis reports small rise in Japan loss; Lancashire bucks trend with Q1 underwriting profit; Validus absorbs $271mn cat losses; Markel records profits despite cat toll
09 May 2011
Lloyd's reserve releases bonanza to end
The historically high level of reserve releases that have been boosting insurers' profit margins since 2003 are set to come to an end, according to research carried out by Deloitte.
19 January 2010
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
No revised AIA bid says Pru
UK insurer Prudential has denied that it will unveil a revised takeover proposal for AIA, the Asian business of US insurer American International Group (AIG).
07 June 2010
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