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THB sale on track for January completion
The latest stock exchange announcement from UK-listed Thompson Heath & Bond (THB) shows the broker is firmly on track to complete its £32mn sale to US wholesaler AmWins in January
06 December 2011
PXRE enters into post-storms $300mn cat bond
Hurricane hit Bermudian reinsurer PXRE Group has bought $300mnn of reinsurance protection via a catastrophe bond following the third quarter storms.
09 November 2005
RLI Q4 profits surge - dividend clarification
RLI Corp reported fourth quarter operating profits up 64 percent to $31.5mn as its underwriting performance benefited from the benign environment for cat losses and prior-year reserve releases.
23 January 2014
Brit results hit by £62.5mn sub-prime reserving
UK insurer Brit Insurance Holdings has posted £62.5mn of net reserves for sub-prime related liability claims, it revealed in its 2007 results this morning that saw pre-tax profits and return on equity beat the previous year's figures.
10 March 2008
IBM wins race for Lloyd's Exchange contract
IBM has won the race for Lloyd's messaging hub contract, fighting off information technology rival ATOS in the final selection process.
13 January 2009
Amlin premiums down 7 percent at 1/1
Lloyd's insurer Amlin plc has seen its premium income drop 7 percent so far at the January renewals reflecting weaker market conditions.
14 January 2008
RIMS: Brokers see fees overtake commissions
As an estimated 10,000 delegates converge on San Diego for 2008's Risk and Insurance Management Society's (RIMS) conference, fresh evidence has emerged of how brokers' revenue models are being transformed amid pressure from buyers and regulators.
28 April 2008
AIG P&C profits up on lower cats and reserve charges
An improved showing from American International Group's (AIG) P&C division helped the US insurance giant generate third quarter operating profits that were just ahead of Wall Street expectations.
01 November 2013
Sagicor at Lloyd’s put up for sale after losses
Caribbean insurance group Sagicor Financial has appointed Morgan Stanley to sell its Lloyd's business after it lumbered the parent with losses of $13.1mn last year, The Insurance Insider can reveal.
09 May 2011
Church of England invests in acts of God
CCLA Investment Management, a specialist fund manager for UK charities, local authorities and the Church of England, has invested £20.58mn in the London-listed Catco Reinsurance Opportunities Fund
05 August 2014
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