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Key Lloyd’s investor warns against M&A temptations
Companies will need to argue their case strongly to gain investor support for proposed acquisitions, despite the relatively modest prices of most insurance businesses.
29 November 2010
Catlin calls for next Lloyd’s chairman to come from industry
Lloyd's grandee Stephen Catlin has said that Lord Levene's successor as chairman of the market should come from the (re)insurance industry.
29 November 2010
Irish trade body reassured on downgrade threat
Ireland-domiciled international insurers will not automatically face downgrades after the country's sovereign debt rating was slashed, according to Irish trade body the Dublin International Insurance & Management Association (Dima).
29 November 2010
Mather gets top Ariel Re underwriting job
Ariel Re has promoted Ryan Mather to the newly created position of chief underwriter for reinsurance.
27 November 2010
Beazley questions logic of Hardy share buyback
Hardy shareholders are likely to receive less than 330p per share from the company's substantial share buyback programme if the Beazley takeover fails, according to Beazley Group CEO Andrew Horton.
26 November 2010
Catlin: No more new Lloyd’s syndicates for 2011
Stephen Catlin has called for the doors to be barred to new Lloyd's entrants next year as existing syndicates struggle with softening rates and overcapacity.
26 November 2010
Irish insurers on credit watch
Dublin-based insurers RSA Insurance Ireland, Aviva Insurance Europe and Allianz Plc have been placed on credit watch with negative implications by ratings agency Standard & Poor's
26 November 2010
Hardy woos shareholders with buyback plan and capital leverage
Lloyd's takeover target Hardy Underwriting has unveiled plans for a 7.5 percent third-party capital participation in its flagship Syndicate 382 and told shareholders it will launch a buyback programme if Beazley withdraws its bid for the firm.
26 November 2010
Catlin calls for Lloyd’s reform
Stephen Catlin, CEO of the eponymous insurance group, has called for debate on the role of Lloyd's in the current market environment, asserting that the Society has some hard decisions to make.
25 November 2010
Scor: Solvency II could turn market
The advent of Solvency II at the start of 2013 could bring an end to the soft market, according to Scor Group CEO Denis Kessler.
25 November 2010
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