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  • Willis Group's determination to reduce its debt burden encouraged Moody's to revise its outlook on the insurance broker from negative to stable last week.
  • Lloyd's insurer Kiln predicted improvements for three of its four syndicates when it updated its syndicate forecasts on 31 May.
  • In a volatile week for the global equity markets, Bermudian (re)insurer Validus Holdings made its debut on the New York Stock Exchange with shares priced at $22, below the $24-26 range it set at the beginning of the month.
  • Lloyd’s is so excited about its dotcom project Blue Mountain which, aims to revolutionise the industry, that it has agreed to provide further funding In July ACE invested another £1mn into a revolutionary new electronic project that plans to slash cost
  • Advent, the quoted EC3 reinsurer, has said it is exposed to a potential small loss from Lloyd's decision to invest in Mainsail II, the stricken structured investment vehicle (SIV).
  • AIM-listed Heritage Underwriting Agency plc’s premium income has almost doubled in the first half of 2006 as the company revealed in its interim results last week (21 September) that it is enjoying the best underwriting conditions since it was formed.
  • It goes against the Lloyd’s ethos of “one market”, but Standard & Poor’s assessments provide a new way to rank syndicates Lloyd's doesn't necessarily approve, but its customers are increasingly focusing on the syndicates they do business with rather th
  • Bermudian (re)insurer Validus Holdings will make its debut on the New York Stock Exchange today (25 July) with shares priced at $22, below the $24-26 range it set at the beginning of the month.
  • Lloyd's (re)insurer Advent Capital Holdings plc fell to a first quarter pre-tax loss of £5.5mn as it was hit by the succession of heavy industrial catastrophe losses this year, together with deterioration on the 2005-07 underwriting years.
  • Willis Group's determination to reduce its debt burden has encouraged Moody's to revise its outlook on the insurance broker to stable from negative.