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Lloyd’s may yet salvage 2011 underlying profit
Lloyd's may still salvage an underlying 2011 profit excluding the effect of Syndicate 1880, analysis of publicly available data by The Insurance Insider suggests
08 March 2012
Lloyd’s heavyweights divided over claims project
Two of the market's most influential figures have outlined markedly different stances over a proposed new claims project
08 March 2012
PE-backed Brit Insurance slashes costs
Brit Insurance reported its lowest expense ratio in five years for 2011 as the cost-cutting measures that have intensified since its £880mn buy-out by private equity duo Apollo-CVC last spring bore fruit
08 March 2012
Investments set to drag performance in 2012 and beyond
While some London underwriters were able to lean on their diversified underwriting model to help smooth results, strain in the financial markets meant that investment income was not able to ride to the rescue and offset underwriting losses.
08 March 2012
Hardy due diligence starts with mystery bidders
Following the release of its full-year results on 1 March, Lloyd's (re)insurer Hardy has commenced first-round due diligence with the six to eight names still interested in the business, The Insurance Insider has learned
08 March 2012
Atrium: no current sale process
Ariel Holdings is in no hurry to sell off its successful Lloyd's business Atrium, despite the divestiture of most of its operations, The Insurance Insider understands
08 March 2012
E&S outlook bullish as admitted carriers retrench
US and international specialty insurer Navigators' launch of a new wholesale business unit is the latest example of a more positive sentiment emerging in the excess and surplus lines (E&S) market
08 March 2012
Ariel Re sold for less than book value
Investment bank Goldman Sachs was able to agree a deal to acquire the Bermudian operations of Ariel Re based on less than book value, The Insurance Insider has learned
08 March 2012
International digest
US rates still rising; Rainbow alliance; S&P: Thai $18bn estimate; Adeus Lloyd's
08 March 2012
Asset management
The Insurance Insider's new regular feature on asset management in the P&C (re)insurance sector…
08 March 2012
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