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JLT cautious on market turn
UK-listed broker Jardine Lloyd Thompson Group plc (JLT) went against the grain of bullish Lloyd’s-based (re)insurers predicting a definitive turn in the market (see articles 2 and 12), stating it has not yet...
17 November 2008
The Greatest Opportunity is Survival
Dear friend, If you ever meet anyone who says they know what is going to happen tomorrow - either immediately hire them as your to underwriter or look ruefully to the skies and make a mental note never to listen to a word they say again.
Mark Geoghegan
,
06 September 2009
Terrorism insurance growing, but businesses still not prepared
In an era of increased globalisation, "understanding and preparing for political violence has arguably never been more important for business", according to Lloyd's chairman Lord Levene, at the launch of a new report on terrorism.
14 May 2007
Montpelier weathers storm losses
Montpelier Re Holdings Ltd has reported net income of $108.7mn, or $1.62 diluted earnings per share, for the three months to June 30, 2005 and net income of $183.2mn, or $2.72 diluted earnings per share, for the half of 2005
01 August 2005
PartnerRe defies NZ losses to beat forecasts
PartnerRe reported operating earnings of $282mn for the third quarter despite $64mn losses from the New Zealand earthquake. The figure was in line with the same period last year.
04 November 2010
Willis develops London wholesale specialty 'mall'
Faber & Dumas, Willis' newly created specialty platform, has become one of London's largest wholesale brokers with the migration of three new businesses alongside Glencairn Ltd.
24 November 2008
Lloyd’s underwriters cut back on new Allstate cover
Lloyd's underwriters hold back from the insurer's giant nationwide programme
09 March 2011
House passes seven year TRIA extension
The US House of Representatives has voted to extend the Terrorism Risk Insurance Act (TRIA) for seven years, bowing to Senate lawmakers who passed a similar programme in November.
21 December 2007
SkyTerra satellite glitch could cost $268mn
An antenna glitch on a SkyTerra 1 mobile communications satellite threatens to cost the niche space insurance market up to $268mn, our sister title Inside FAC understands.
06 December 2010
Private equity firm in Chaucer talks
Pamplona Capital Management, the pan-european private equity house and hedge fund, has joined the firms looking at takeover-target Chaucer Holdings, The Insurance Insider can reveal.
10 March 2009
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