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Novae looks again at selling run-off operations
Lloyd's insurer Novae Group has put its legacy run-off business out to tender in a move that could see the firm finally free itself from the shackles of its past, The Insurance Insider can reveal.
30 May 2008
Green light for Lloyd's to sidestep RITC burden
Lloyd's insurers may be free to operate without annual venture restriction following HM Treasury guidance
30 May 2008
Discounts for Virgin as airline rates drop again
The Virgin group successfully gained a reduction in rates for two of its three airlines in the May renewals as the market continues its struggle to get airborne.
30 May 2008
London brokers 'named and shamed' for back office failure
London market brokers have been "named and shamed" over their failure to adopt a key electronic initiative that could speed up the payment of premiums from brokers to (re)insurers.
30 May 2008
ACE and Swiss Re to launch CDO risk portfolios
Reinsurers seek to actively manage cat risk in capital markets as 2008's US windstorm season begins
30 May 2008
PartnerRe in $250mn debt issue
Bermudian-headquartered reinsurer PartnerRe Ltd is to issue $250mn in a bid to repay debt.
27 May 2008
SCOR launches London hub
French reinsurer SCOR has announced details and the launch of its London "hub".
27 May 2008
Travelers 'fine tunes' investment outlook
US insurer The Travelers Cos Inc has said that a "fine tuning" of its projected investment income should see operating earnings at the lower end of previous forecasts this year.
27 May 2008
Heritage maintains syndicate forecasts
Lloyd's insurer Heritage Underwriting Agency plc, which was acquired by Bermudian Argo International Group earlier this year, has maintained its previous forecasts on its Lloyd's syndicates.
27 May 2008
Omega defies gloom with upbeat trading message
Shrugging off a number of downbeat trading statements from rival Lloyd's insurers, Omega Insurance Holdings Ltd said last week that it is confident about its 2008 performance following a strong quarter.
27 May 2008
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