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There are 40,574 results that match your search.40,574 results
  • As recently as 19 November, more than 60 percent of Lloyd's brokers by number, and up to 90 percent in terms of 2003 sales, had yet to receive final authorisation from UK regulator the Final Services Authority (FSA) ahead of its takeover of watchdog duti
  • Lloyd’s insurer Omega Underwriting Holdings plc (Omega) has reported a £6.7mn pre-tax profit in its maiden results as a listed company. The results follow a busy year for the company, which floated on London Stock Exchange’s Alternative Investment...
  • US-based brokers Arthur J Gallagher & Co (AJG) and Hilb Rogal & Hobbs (HRH) disappointed analysts with first quarter profits down on expectations as the top line suffered from the impact of declining insurance rates.
  • Despite reinsurance loss ratios of 300+ percent for the 2007-08 years, financial institutions (FI) professional indemnity rates may come under pressure in a year's time.
  • Results for the three largest Japanese insurance groups, published last week, confirm that the trio have weathered the immediate effects of the Great Tohoku earthquake with little fuss.
  • Lloyd's director of performance management Tom Bolt pledged to continue to keep a tight rein on underwriting as he highlighted concerns over churn of existing business between syndicates at lower prices in 2011.
  • Listed Lloyd’s insurer Chaucer reported on 28 February that it has written £125.8mn of premium, net of brokerage, during January renewals. The premiums are up from January 2005’s figure of £110.3m and represent approximately 28 percent of Chaucer’s...
  • Aspen Insurance Holdings reported a 36 percent drop in third quarter net income to $92.8mn, with market conditions described by CEO Chris O'Kane as "highly challenging".
  • An exceptionally heavy first half for earthquakes and storms has generated a record $22bn of insured losses from natural catastrophes, according to figures compiled by Munich Re.
  • Underwriting returns deteriorated by 46 percent to $242mn for Validus in 2010, as it felt the impact of above average catastrophe losses.