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Risk and investment losses hit Bermudian Q1s
A number of Bermudian (re)insurers provided evidence of the impact of unprecedented Q1 large risk losses on profits for the period.
06 May 2008
Lloyd’s to compensate HIH Names
Nearly nine years after the infamous collapse of insurer HIH – still the largest corporate bankruptcy in Australia – Names who suffered losses on the group's Lloyd's syndicates are set to receive compensation from the Corporation.
05 January 2010
Bedford to head up Guy Carpenter’s UK fac broking
Reinsurance broker Guy Carpenter has appointed Rupert Bedford as head of broking for the UK operations of GCFac, the firm's dedicated facultative reinsurance unit
13 August 2007
End of Heath talks hits JLT shares hard
Pick up Heath Lambert Group on the cheap and become the UK's second largest (re)insurance broker?
17 July 2006
Munich Re to buy back a further EUR2bn shares
Munich Re announced a widely anticipated expansion of its capital management programme, with plans to buy back more than EUR5bn shares by 2010 as it targets average rises in earnings per share of 10 percent through the period.
08 May 2007
Aviva receives green light to expand China operations
Aviva plc has received regulatory approval to open another office in China bringing its total of offices in the country to 13.
24 July 2006
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
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
Asbestos reserve deterioration dampens Markel profits
The spectre of long-tail liability losses reared its head again as Markel Corp booked a deterioration in its combined ratio that included six points of unfavourable prior-year reserve development relating to asbestos and environmental (A&E) exposures.
09 November 2012
Kendrick replaces Brit CEO as LMA chairman
Musical chairs among the senior London market underwriting associations saw the chairman and chief executive of ACE’s European operations Andrew Kendrick replace Brit’s Dane Douetil as chairman of the Lloyd’s Market Association (LMA).
26 January 2006
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