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  • According to the latest syndicate forecasts, all-time record profits from the recently closed 2006 year of account at Lloyd's are set to be followed by solid profits for the 2007 account.
  • When Lloyd’s insurer Beazley Group plc reports its 2005 half results on 7 September, they are likely to be higher than expected at over £35mn because of the impact of accounting changes, the company explained last week.
  • The International Underwriting Association (IUA) has become the first (re)insurance trade body to welcome The Insurance Insider's London 100 tax policy discussion paper on possible pro-insurance industry tax reforms in the UK.
  • Fitch Ratings has predicted that continued "strong" cat bond issuance will be tempered by a soft traditional reinsurance market in 2010.
  • There was mixed news for US specialty insurer Markel last week with a downgrade and an affirmation on two of its subsidiaries by ratings agency AM Best.
  • Analysts have issued research concurring with The Insurance Insider's prediction of a return to near-record profitability at Lloyd's, with Beazley expected to signal a banner 2009 year when it reports tomorrow (9 February).
  • Lloyd's has never been bigger or stronger, so there was no surprise that the long-awaited three-year strategic roadmap was - in the words of CEO Richard Ward - one of "evolution, not revolution".
  • International specialty insurer HCC Insurance Holdings rode catastrophe losses in the first half of the year to produce solid Q2 and H1 net profits.
  • Smaller brokers trading in London have been offered the chance to plug in to the Lloyd's Exchange and other electronic initiatives such as the electronic claims files (ECF) and electronic accounting and settlement (A&S)...
  • The proposed solvent scheme of arrangement for the Camomile Pool was granted leave to convene a meeting of creditors by the UK High Court last week.