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Solvency II struggle continues with removal of key component
All reference to group support and group supervision has been cut from the text of the draft Solvency II Framework Directive to be submitted for approval by the European Union Council of Economic and Finance Ministers (EUCEFM) on 2 December.
24 November 2008
Lloyd's bolsters China team as deadline looms
Lloyd's has added Steve McCann, its head of open years, to a special working party to manage its application for a permanent Chinese licence as the deadline for regulatory approval fast approaches.
12 June 2006
Broking briefs
Contingents reignite; Aon in $4.9bn swoop; Willis London reshuffle
04 August 2010
Ryan makes first acquisition
R-T Specialty, the wholesale arm of Pat Ryan's broking start-up, has made its first acquisition, picking up California-based wholesaler Chartwell Independent Insurance Brokers.
19 July 2010
Benmosche asserts authority with AIA Tucker move
The musical chairs are continuing at American International Group (AIG), with the US insurer reportedly set to parachute in former Prudential plc CEO Mark Tucker as head of its Asian unit, AIA.
19 July 2010
Deteriorating Lloyd's results spark downgrade fears
Pessimism mounts with further deterioration on back years and rumours that Lloyd's big guns plan to exit market Some of Lloyd's largest capital providers are planning to leave the market after losing patience with the perceived underwriting indisciplin
01 March 2002
Offshore drilling proposals will boil down to demand and price
The success of proposed (re)insurance facilities targeting oil and gas companies' drilling platforms along the US coast will hinge on demand and pricing, say industry leaders.
14 September 2010
Brit bats on with up-for-sale legacy insurer
Perhaps it was a good thing that QBE only bought the renewal rights to Brit's up-for-sale UK insurance business, otherwise English cricket supporters may have had to endure an Australian company sponsoring the national team.
10 April 2012
Cathedral expects modest loss in 2011
Cathedral Underwriting's syndicate 2010 is expected to produce a small overall loss in 2011, owing to its exposure to the numerous large loss events of the first half of the year, a ratings affirmation from AM Best has revealed.
17 October 2011
Lloyd’s Council elections sparks contest for Names’ votes
The upcoming elections for Lloyd's governing body, the Council of Lloyd's, has provoked a bitter contest between candidates seeking to represent the interests of Lloyd's Names.
05 January 2010
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