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Poor weather conditions blamed for Afghan Boeing 737 crash
Heavy snowfall and poor visibility is suspected to be the chief cause of the Kam Air Boeing 737 crash last week in Afghanistan.
07 February 2005
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
Insurers in $830mn Suncor BI settlement
Canadian energy company Suncor Energy Inc announced on 25 April it has agreed an $830mn settlement with insurers over business interruption (BI) claims arising from a major fire at its Oilsands facilities in northern Alberta last January.
02 May 2006
Reserving problems at Centre hold back Zurich
Despite recording healthy half yearlies significantly outpacing analysts’ expectations, Zurich Financial Services (ZFS) continues to be clouded by concerns over its loss-making finite reinsurance arm Centre.
26 August 2003
Swiss Re confirms closure of London fac operations
Swiss Re will stop writing property and casualty (P&C) facultative business from London later this year, The Insurance Insider's sister publication Inside Fac revealed last week.
27 July 2009
FSA concerned over insurers' grab for distribution
March discussion paper also raises again the prospect of mandatory disclosure
07 April 2008
Hampden investment vehicle to raise £15mn in IPO
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.
10 August 2007
Edinburgh challenge tamed on appeal
While the Scottish Court of Appeal's decision to reverse the dismissal of the Scottish Lion solvent scheme of arrangement has seen off the threat to the mechanism's future, the story will not end there.
04 February 2010
Caribbean insurer boosts Flagstone’s premium income
The acquisition of Caribbean property insurer Island Heritage boosted the premium income of "Class of 2005" reinsurer Flagstone Re, which rose 91 percent last year, it revealed in its 2007 results yesterday (18 February).
19 February 2008
Hedge fund takes reins at up-for-sale Glacier as CEO quits
The founding CEO of up-for-sale Glacier Group, Robbie Klaus, resigned from the (re)insurer last Thursday (29 October) with immediate effect.
02 November 2009
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