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Hedge fund reinsurer recruits Lloyd's underwriter
Bermudian (re)insurer Validus Holdings Ltd has suffered its first major departure after taking over Lloyd's insurer Talbot Underwriting with deputy head underwriter Darren Redhead joining DE Shaw.
29 May 2007
Lloyd's pension deficit grows
Corporation accounts reveal pension shortfall grows to £47mn post-tax and £19.9mn fees to support Project Blue Mountain (Kinnect) The Corporation of Lloyd's after tax pension deficit increased last year from £6mn to £47mn (£67mn before tax) because of
01 May 2003
AIG aircraft leasing sale still on: report
AIG's prolonged efforts to sell its ILFC aircraft leasing business to a consortium of Chinese investors are continuing despite setbacks that have stalled the deal on the runway, the Wall Street Journal (WSJ) reported yesterday (10 October)
11 October 2013
Benfield see profits drop
Reinsurance broker Benfield announced a 10.5 percent drop in pre-tax profits when it revealed its first-half results last Thursday (8 September).
12 September 2005
Man-made losses hit global reinsurers
Although natural catastrophe losses remained relatively low, a spate of man-made claims blemished the underwriting performance of a handful of major reinsurers during the second quarter of 2014.
18 August 2014
Kiss me, Hardy
On the face of it, an impasse has been reached in the Beazley-Hardy courtship.
15 November 2010
Hampden investment vehicle to raise £15mn in IPO
Lloyd’s investment vehicle Hampden Underwriting plc (HUP) is planning an August float on the London Stock Exchange’s Alternative Investment Market (AIM) in a bid to raise £15mn.
10 August 2007
Oxygen loses international property team
Oxygen, the independent London based intermediary, has parted company with a three-strong international property team, Insider Week can reveal.
18 December 2006
McGavick delivers XL rescue package
After keeping his counsel for most of his first three months at the helm of XL Capital, Michael McGavick was refreshingly candid in his assessment of the embattled (re)insurer as he addressed analysts at the start its Q2 earnings call.
04 August 2008
Mixed results for Montpelier and Platinum
Bermudian reinsurers Montpelier Re Holdings Ltd and Platinum Underwriters Holdings Ltd revealed mixed results for the second quarter as favourable reserve development helped soften the impact of weaker pricing.
28 July 2008
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