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There are 40,548 results that match your search.40,548 results
  • Chaucer reveals credit losses
    Lloyd's (re)insurer Chaucer became the latest firm to admit to a shortfall in its trade credit portfolio last week, as it revealed it had strengthened the reserves by £23.5mn in the third quarter.
    24 November 2009
  • S&P pulls out of Australian retail investment
    After the Australian Securities and Investments Commission (ASIC) decided to make rating agencies more accountable for their advice, Standard & Poor's (S&P) said it will stop supplying ratings of corporate bonds and other debt-based securities to retail investors in Australia.
    24 November 2009
  • SCOR given ratings boost
    Standard & Poor's (S&P) raised SCOR’s rating from “BBB+” to “A-“ last Monday (1 August), marking another step towards a position of profitability and stability for the France-based reinsurer.
    08 August 2005
  • Spitzer guilty roll-call grows to 15
    The number of convicted industry professionals following New York attorney general Eliot Spitzer’s investigations into the US insurance industry grew to 15 last week following five more guilty pleas over fraudulent conduct.
    08 August 2005
  • Lloyd’s begins Central Fund showdown with Swiss Re
    The showdown between Lloyd’s and its Swiss Re led reinsurers over the failure to pay more than £300mn of claims on the Central Fund reinsurance contract began today (31 August).
    31 August 2004
  • Endurance boosts 3Q income despite revenue fall
    Bermudian (re)insurer Endurance Specialty Holdings has reported a rise in income against a background of falling written premiums in the third quarter.
    01 November 2007
  • Kingsway names new CEO, nominee of majority shareholder Stilwell
    Beleaguered Canadian-headquartered motor insurer Kingsway Financial Services has replaced its president and CEO Colin Simpson - who was nominated to the role by Kingsway's majority investor, Stilwell Group in 2008 - with fellow Stilwell nominee Larry Swets.
    20 April 2010
  • Levene attacks anti-competitive rhetoric
    Lord Peter Levene, chairman of Lloyd's, has lambasted those who question whether the competitiveness of the City should take precedence in the UK, insisting it is "an absolute priority".
    18 September 2009
  • Cat insurers may need 10% more capital under SII, Lloyd’s warns
    Lloyd's catastrophe underwriters are likely to be forced to bolster their reserves by between 5 and 10 percent under Solvency II, according to guidance issued to managing agents by the Society.
    19 April 2010
  • ILS market should weather sub-prime storm
    Despite fears that the insurance-linked securities (ILS) train could be de-railed by the recent turmoil in the financial markets, investor interest is expected to grow over the next 12-18 months...
    07 September 2007
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