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There are 40,548 results that match your search.40,548 results
  • Hard market to be 'more prolonged' says Omega
    Omega Insurance was the first Lloyd's insurer to raise capital following the bail-out of AIG and collapse of Lehman Brothers last September and, in a trading statement, the firm says its decision is being validated...
    22 May 2009
  • Stellar Lancashire to return capital position to 2008 levels
    After bumper Q3 results, Bermuda-headquartered Lancashire is to give back capital to shareholders through a $263mn special dividend and an additional $150mn share buyback facility.
    05 November 2009
  • Another cat bond upsizes despite 'prohibitive' ILS pricing
    US military mutual USAA's thirteenth cat bond, Residential Re 2009, became the latest insurance linked security (ILS) to increase in size this year apparently confounding market wisdom that high yield expectations from investors is deterring issuance.
    22 May 2009
  • One-off charges dent underlying profitability at Maiden
    Bermudian Maiden Holdings delivered a solid set of underlying results for the second quarter with net operating profits of $11.2mn, despite taking $9.5mn of losses from the record US thunderstorm and tornado activity in the period.
    28 July 2011
  • AM Best affirms Lloyd's ratings
    Rating agency AM Best affirmed its ratings financial strength rating of A (Excellent) and issuer credit rating (ICR) of 'a' on Lloyd's of London on 31 July.
    07 August 2006
  • Start-ups continue to set the pace but competition fears are growing
    Last week’s first round of half year results from Bermudian post 9/11 start-ups signalled an even stronger performance than last quarter. However, there were signs that increased competition is starting to drive down rates in some specialty reinsurance li
    28 July 2003
  • Flood of losses brings mining sector to 'watershed'
    The mining sector has hit a "watershed" following a spate of heavy losses accelerated by rising commodity prices that have decimated hard market profits.
    07 April 2008
  • Katrina litigation begins as Mississippi AG sues insurers
    First hints of Katrina litigation and political pressure on insurers The first evidence of the likely upcoming political pressure against insurers to pay claims in the wake of Hurricane Katrina became evident last week when Democrat Mississippi...
    19 September 2005
  • Securities litigation drops but firms warned not to ‘let guard down’
    Securities litigation filings fell 39 percent in the first quarter of 2010 from a year ago with 178 suits filed - compared to the record-breaking 294 suits filed at the height of the credit crisis backlash in Q1 2009.
    19 April 2010
  • GoM self-insurance concerns spiral despite rate falls
    The Gulf of Mexico (GoM) offshore wind market could see further moves towards self-insurance in the run-up to the official start of the US hurricane season on 1 June, despite improved rates and terms for buyers, our sister title Inside FAC revealed last week.
    19 April 2010
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