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Willis withdraws syndicate start-up plans
Willis has abandoned its plans for a Lloyd's syndicate in 2011, The Insurance Insider understands.
15 December 2010
Keep the doors open
But our columnist Buffy is troubled by calls to restrict small Lloyd's start-ups
15 December 2010
Pressure grows to lift syndicate drawbridge
The Insurance Insider talks to the leading CEOs in Lime Street and discovers there is sympathy for Stephen Catlin's recent calls to prevent new syndicates while the soft market continues
15 December 2010
Prettejohn set for Lime Street return?
The former Lloyd's CEO is on a shortlist to be the next chairman of Brit Insurance in 2011, as shareholders meet this week to vote on the £865mn+ buy-out
15 December 2010
Flex Re signs up Willis for $500mn fundraising
Broker Willis has taken the lead role from rival Aon Benfield in advising on the fundraising process for start-up proposition Flex Re, The Insurance Insider understands.
15 December 2010
Lucrative force-placed insurance under scrutiny
Growing scrutiny into practices around force-placed insurance in the US has cast doubt over what was, until recently, a highly profitable source of business for P&C (re)insurers
15 December 2010
CatCo lines up Ascot as capital chase nears end
Qatar-backed Bermudian collateralised reinsurer expects to complete fund-raising this month
15 December 2010
Syndicate forecasts positive overall at third-quarter update
At the Q3 syndicate forecast update Lloyd's revealed an overall positive boost to forecast returns for syndicates supported by third-party capital trading in 2008 and 2009
15 December 2010
Lime Street capacity flat at £23bn
Start-up syndicates have been monopolising attention both inside and outside of Lloyd's in recent weeks, but the key determinant of market-wide capacity this year was the balance of pre-emptions and de-emptions
15 December 2010
Bermudians continue to buy out founders
As well as buying in the open market, the trend for block repurchases of shares - often from major founding or institutional investors - gathered pace in 2010
15 December 2010
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