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ACE savours Brandywine deal
In a landmark sale Randall & Quilter has acquired some $900mn of ACE's asbestos reinsurance book It was brutal, and at times bloody, but 18 months after applying to sell part of its Brandywine legacy exposures to...
07 July 2006
Hardy partners with Arig in MENA
Hardy Underwriting Bermuda Limited has launched a reinsurance joint venture based in Bahrain in equal partnership with Arab Insurance Group (Arig).
19 October 2009
Hardy launches reinsurance JV with Arig
Hardy Underwriting Bermuda Limited has launched a reinsurance joint venture based in Bahrain in equal partnership with Arab Insurance Group (Arig).
19 October 2009
Equitas boosts asbestos reserves by £400mn
Total payouts fall, but shrinking surplus and deteriorating solvency margin as balance sheet weakens
16 June 2003
Lloyd's rules out forming US admitted insurer
Lloyd's has ruled out creating a fully-fledged US insurance company - an idea that was floated as part of the three-year strategic plan delivered in January.
14 August 2006
Cat modellers disagree over Emma
The major catastrophe modelling agencies are again disagreeing over the size of losses arising from an event with estimates of insured losses from European Windstorm Emma varying between EUR300mn and EUR1.3bn.
10 March 2008
Ironshore closes on Heritage deal
Ironshore Inc is carrying out due diligence on Lloyd's insurer Heritage Underwriting Agency after signing a non-disclosure agreement (NDA), our sister publication The Insurance Insider revealed today.
10 March 2008
Benign season could speed up softening, says Catlin
A benign conclusion to the 2006 hurricane season could speed up the softening market for non-catastrophe exposed property casualty (re)insurance worldwide.
04 October 2006
Hampden vehicle aims for £15mn float
Lloyd’s investment vehicle Hampden Underwriting plc (HUP) is planning an August float on the London Stock Exchange’s Alternative Investment Market (AIM) in a bid to raise £15mn.
13 August 2007
US dollar sends PARIS RE to IFRS loss
Foreign exchange losses sent PARIS RE to a $129.5mn first quarter net loss under IFRS reporting, against a comparable prior-year period net profit of $35.7mn.
14 May 2008
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