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Lloyd's insurers see profits return
The Insider’s exclusive analysis of the interim results shows that the quoted insurers are benefiting from the current hard market
01 October 2002
Marsh UK unveils new 'business model'; a further 750 jobs at risk
Marsh UK has published details of its new "model" designed to show greater transparency of its revenue structures after it abolished the controversial Placement Service Agreements (PSAs) last year.
19 April 2005
Prettejohn refuses to rule out contract certainty sanctions
Lloyd's CEO Nick Prettejohn has called on London Market brokers and underwriters to voluntarily embrace contract certainty initiatives ahead of the FSA's 2006 deadline.
13 May 2005
Harris moves into Lloyd's as Ward unveils changes
The Lloyd’s Corporation has brought in David Harris, a senior representative of the G6 group of London market insurers, as the three-hundred-year-old Society agrees a number of changes to improve the service it provides.
27 November 2006
AmWINS gears up for acquisitions
US wholesale broker AmWINS Group, Inc has bought marine insurers The American Equity Underwriters, Inc, and refinanced its debt to fund further "strategic acquisitions".
12 July 2007
SCOR to join rivals in Brazil
French reinsurer SCOR will join a host of other foreign reinsurers taking advantage of the newly deregulated Brazilian market, according to news reports.
17 March 2008
FSA weighs into 'too big to fail' banking debate
UK regulator the Financial Services Authority (FSA) weighed into the hot political topic of the supervision and regulation of financial institutions deemed "too big to fail" last week.
26 October 2009
Lloyd's faces ‘hundreds of millions of dollars’ Australia hit, warns Levene
Lloyd's chairman Lord Levene has said that the Corporation's loss from the Australian floods is likely to be "hundreds of millions of Australian dollars".
27 January 2011
No buyback despite record Generali profits
Italian (re)insurance giant Generali disappointed analysts by failing to announce a special share buyback scheme despite reporting record net profits of EUR2.4bn for 2006, a rise of 25.3 percent.
26 March 2007
Judge rules former Gen Re/AIG execs cost investors $550-600mn
Christopher Droney, the federal judge who oversaw the trial of five former General Re and American International Group (AIG) executives, has ruled that their conspiracy led to huge losses for investors.
11 November 2008
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