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There are 68,927 results that match your search.68,927 results
  • NZ EQC: Time for a shake-up?
    Although suggestions that the late surge in claims filed with the New Zealand Earthquake Commission (EQC) were driven by a quest for "private reinsurance stimulus" remain unfounded, one thing is clear: the public and private markets for New Zealand quake cover are set for major change.
    21 December 2010
  • NZ quake deterioration as pool ups loss by NZ$1.5bn
    A raft of reinsurers are set to follow PartnerRe and Aspen Insurance Holdings in significantly increasing loss estimates for September's New Zealand earthquake, after the government pool notified them that its ultimate claim could more than treble.
    21 December 2010
  • Taylor headed Catco fund floats in London
    Bermuda-domiciled catastrophe fund Catco has raised $80mn through an initial public offering (IPO) on the London Stock Exchange (LSE).
    21 December 2010
  • Lloyd’s says syndicate business plans ‘overly optimistic’
    Lloyd's analysis of projected profitability in syndicate business plans versus what was actually achieved has thrown up striking evidence of over-optimism in the planning process, an internal report has confirmed.
    21 December 2010
  • Update: Lonmar parent loans itself £4mn of dormant funds
    The following is an update of The Insurance Insider article, published on Tuesday 21 December and incorporates comment from Lonmar.Centrix Insurance Holdings, the management buy-out (MBO) vehicle for London wholesaler SBJ Global Risks, received a £4mn loan from run-off broking subsidiary Old Co (No 103) where the capital was drawn from a fund of unclaimed funds, The Insuranc
    21 December 2010
  • Highlands UK direct claims to be paid in full
    All of the claims from direct policyholders relating to the winding up of Highlands UK (HUK) have been agreed and will be paid in full, according to joint administrator of Highlands UK PriceWaterhouseCoopers (PwC).
    21 December 2010
  • 1 January rate decline lower than feared
    The phoney war is ending as the key 1 January renewal date fast approaches - and there is further anecdotal evidence of reinsurers remaining disciplined despite the powerful downward trend on rates.
    21 December 2010
  • Lloyd’s anticipates 2011 energy gold rush
    Despite the pervasive gloom of the soft market, Lloyd's is planning to write more than 30 percent additional energy liability business in 2011 as rates and demand spiral upwards following the catastrophic Deepwater Horizon loss in April.
    21 December 2010
  • Tawa agrees £4mn purchase of Oslo Reinsurance UK
    Aim-listed run-off provider Tawa has struck a deal to take over the rump of the UK subsidiary of Oslo Reinsurance Company AS for £4mn.
    21 December 2010
  • Big three unveil new offshore liability consortium
    The industry's three largest reinsurance brokers - Aon Benfield, Guy Carpenter and Willis Re - are developing a consortium to provide significantly higher limits of insurance for US deepwater drilling than were previously available..
    21 December 2010
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