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Trading Risk Briefs
FSA green light for Leadenhall; Aon Benfield unit takes shape; Cat futures leap
11 November 2008
Fairfax profits amidst gloom
The alternative investment approach taken by Prem Watsa at the helm of Fairfax has helped the Canadian combine navigate a safe passage through the troubled waters of the financial markets.
11 November 2008
The Hartford clarifies capital position on disastrous Q3
Despite a moderate rally in its share price, the Hartford Financial Services Group has endured a miserable few weeks in which it reported a $2.6bn Q3 loss, a cut in earnings forecasts and an earnings call that left...
11 November 2008
Hannover Re targets break-even
Shareholders funds at Hannover Re have shrunk by more than 20 percent from EUR3.3bn at the start of the year to EUR2.6bn at the end of September as the German reinsurer booked a Q3 net loss of EUR395mn...
11 November 2008
Obama win puts Bermuda tax under the spotlight
As the financial world waits for President-elect Obama’s key appointments in the US Treasury, the attention of the (re)insurance industry once again turns to the taxation debate over offshore domiciles and the future...
11 November 2008
Who owns Lloyd’s?
The uplift in mergers and acquisitions activity in the Lloyd’s market over the last two years has contributed to a shift in the make-up of leading investors in the sector.
11 November 2008
Rating bonanza for offshore energy
With losses from Hurricane Ike continuing to eat into third quarter results, at least one area of the market looks set to benefit: Offshore energy rates.
11 November 2008
Lloyd’s hub tender
IT companies ATOS and IBM are now in a head-to-head battle to win the Lloyd’s messaging hub contract, after Xchanging was ruled out of the process.
11 November 2008
Aon Benfield facing delicate London decisions
It took Aon only four days to agree takeover terms with Benfield Group, but it has taken more than two months to finalise the delicate restructuring of senior London positions for the soon-to-be giant reinsurance broking combine Aon Benfield.
11 November 2008
Buffy
Carpet-baggers and pre-emptions…
11 November 2008
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