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Chaucer’s handsome $500mn marriage proposal....
Among the many memorable characters in Chaucer's Canterbury Tales is the Wife of Bath.
21 April 2011
EUR2.7bn cat claims push Munich Re to Q1 loss
Munich Re will report a first quarter loss on heavy natural catastrophe losses, CEO Nikolaus von Bomhard has told shareholders.
21 April 2011
Beazley, Lancashire latest to post Japan losses
The London-quoted Lloyd's carriers will lose between 5 and 10 percent of year-end shareholder equity if their preliminary Japan loss estimates stand the test of time.
21 April 2011
Axis highlights uncertainty over Japan exposures
The lack of insured loss data from Japanese primary insurers continues to cast uncertainty over the ultimate cost of last month's Tohoku earthquake and tsunami to the international reinsurance community.
21 April 2011
BMS continues Glencairn raids
Expansionist London market broker BMS has continued to recruit from Willis broker Glencairn following the arrival of Nick Cook to head its wholesale operation
21 April 2011
Lancashire unveils modest Q1 cat loss bill
UK-listed Lancashire Group says it will take a surprisingly modest $75mn loss from the 11 March Tohoku earthquake and tsunami, which is disproportionately lower than London market peers despite the firm's short-tail focus
21 April 2011
Glaser promoted in major MMC reshuffle
MMC has sent the strongest signal yet that former AIG Europe head Dan Glaser is Brian Duperreault's heir apparent as head of the broking giant
21 April 2011
Beazley unveils $154mn Q1 cat bill
Lloyd's insurer Beazley says it still expects to make an underwriting profit this year despite taking $154mn in catastrophe losses in the first quarter
21 April 2011
Securities legal action set for record 2011
Securities lawsuit filings are on track to set a new record in 2011, according to a report from Advisen
20 April 2011
FSA quadruples Solvency II staff
The Financial Services Authority's (FSA) Solvency II contingent has quadrupled in size in the last year as the regulator tries to keep pace with the EU-set schedule.
20 April 2011
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