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Wellington announces 2002 result
Lloyd’s insurer Wellington has announced its results for the 2002 year-of-account, an updated forecast for the 2003 year-of-account as well as an initial forecast for the 2004 year-of-account.
14 February 2005
Guilty pleas mount as probe deepens
A further three employees have pleaded guilty to criminal charges in connection with bid-rigging investigations by New York attorney general Eliot Spitzer.
21 February 2005
AIRROC growth highlights run-off acceptance in US
The Association of Insurance and Reinsurance Run-Off Companies’ (AIRROC) third annual Rendez-Vous began today (15 October) in New Jersey with a record number of delegates in attendance.
15 October 2007
Humberto losses under $1bn
Catastrophe modelling firm EQECAT has estimated that insured losses caused by Hurricane Humberto will be less than $1bn.
17 September 2007
CHI cat futures storm into 2009
The Chicago Mercantile Exchange (CME) has traded $30mn notional limit of its CHI hurricane cat futures in the first weeks of 2009, as reinsurance broker Carvill withdraws from the initiative which it founded in 2007.
04 February 2009
Amalfi up and running in London market
Last Friday (13 January) saw the launch of specialist lines underwriting agency Amalfi Underwriting Ltd in the London market, with a target to write $25mn of premium income in its first year.
16 January 2006
Further capital repatriation likely in 2008
As well as cutting 2008 capacity on Lloyd's syndicates, a number of the market's listed insurers have already begun to hand capital back to shareholders - a pattern likely to continue this year...
14 January 2008
BMS profits on expanded portfolio
Independent (re)insurance broker BMS Group reported a 2 percent upturn in 2005 pre-tax profits to £4.5mn earlier this month.
12 June 2006
Industry counts rising cost of floods
Loss estimates continue to flow in as the (re)insurance industry feels the impact of UK floods that could cost carriers in excess of £3bn.
30 July 2007
Berkshire Hathaway/White Mountains-owned insurer set for $575mn IPO
Symetra - the former Safeco spin-off life and health insurer that counts White Mountains Insurance Group and Berkshire Hathaway among its major investors - has filed for a $575mn initial public offering (IPO).
12 October 2009
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