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CV Starr defends Spitzer PR lawsuit
By John Helmer in Washington
05 April 2007
If it ain't broke... - Lloyd’s was an aggressive monitor of commission payments in the London market, but with concerns rising that the FSA may be les
Over the last five loss making years Lloyd’s lost around £6.9bn, yet it generously paid out £7.9bn over the same period in brokerage commissions for the privilege of writing the business. These sobering figures, compiled by The Insider’s analysis of Lloyd
01 April 2003
Royal on revival run with strong Q1 results
Royal & Sun Alliance (R&SA) moved further along the road to recovery last week as better than expected first quarter financials were greeted with a positive response by the markets. This comes just ten days after R&SA successfully floated off its rebrande
27 May 2003
Novae pulls out of Chaucer talks
Lloyd’s insurer Novae Group has pulled out of merger discussions with rival Chaucer Holdings.
11 March 2009
Commutations reduce Equitas’ reinsurance income
A number of significant commutations and buy-back settlements have reduced Equitas’ reinsurance income, the run-off reinsurer revealed last week when publishing its six months summary financial income.
08 December 2003
Florida set to take insurance gamble
Florida lawmakers yesterday (22 January) overwhelmingly passed a bill aimed at lowering the cost of property insurance that will see significant state intervention in the insurance market.
23 January 2007
New York begins $1bn Midland auction
New York insurance authorities have issued a draft request seeking bids from private investors to buy insolvent Midland Insurance Company in order to speed up the distribution of its assets.
10 March 2009
Credit crisis D&O and E&O losses could hit $12bn
Global directors' and officers' liability (D&O) and errors and omissions (E&O) losses resulting from the credit crisis could hit $12.1bn, according to a report released today (5 November).
05 November 2008
Swiss Re chairman resigns; former CEO Kielholz steps up
Regime change continues at Swiss Re with the resignation of chairman Peter Forstmoser just weeks after the troubled reinsurance giant replaced its CEO.
09 March 2009
Chaucer sets up Latin American fac operation
Lloyd's insurer Chaucer is opening a new office in Buenos Aires to write facultative property business, as it looks to exploit hardening rates in the wake of the Chile earthquake.
19 July 2010
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