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Ark sets sail with Lloyd’s launch
Ark Syndicate 4020 has become the latest start-up to gain Lloyd’s approval, with 2007 stamp capacity of £114mn and backing led by Jeff Greenberg’s Aquiline Capital Partners LLC.
19 March 2007
Brit replaces Collins Stewart with new boutique
Brit Insurance Holdings has replaced Collins Stewart as its joint house broker and corporate adviser, only days after the stockbroking firm’s chief executive became embroiled in a war of words with the Association of British Insurers (ABI).
06 June 2005
Flagstone Re estimates $52.5mn NZ quake loss
Flagstone Re expects claims from the New Zealand earthquake of $52.5mn net of reinstatement premiums and retrocession.
01 October 2010
California overturns CRC damages award against ex-broker
The damages that US wholesaler CRC Insurance Services was awarded against a former star broker who allegedly fabricated sales figures has been overturned by a California appeals court.
22 November 2010
RenRe rewards securitisation leader
Bermudian (re)insurer RenaissanceRe has promoted Larry Richardson to senior vice president of its strategic investments arm, Renaissance Re Ventures.
20 August 2007
American Airlines can claim 9/11 was ‘act of war’
A New York court has refused an application to dismiss American Airlines' claim that the 11 September 2001 attacks were an "act of war" on the US.
28 May 2013
Scor profits as top line expands
Scor has reported net income of EUR104mn for the first quarter, up 50 percent on a like-for-like basis, as it bulked up on both the life and P&C sides of its businesses.
03 May 2012
R&Q underlying performance masked by investment and legal hits
UK run-off acquisition firm Randall & Quilter (R&Q) booked a £1.2mn pre-tax profit for the first half of 2009 despite taking a £2.7mn unrealised investment loss on perpetuals and a £2mn hit for legal costs over litigation with Equitas in the Brandywine ca
03 September 2009
Cologne Rendez-Vous to consider EUR66.5bn run-off market
As evidence mounts that the potential EUR66.5bn German P&C legacy market may finally explode into activity, the European run-off industry prepares to convene on Cologne for its annual run-off Rendez-Vous.
19 January 2009
Hardy shares hold high after Beazley bid
Hardy Underwriting has succeeded in holding on to the almost 20 percent share price bump it achieved after the revelation last week that it had rejected a £158mn approach by larger Lloyd's insurer Beazley.
25 October 2010
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