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Atrium fights second North Korea claim
Ariel Re's specialist Lloyd's (re)insurer Atrium Underwriting is in another dispute with the North Korean state-owned insurer, this time over a train crash claim.
10 March 2008
Catco raises an additional $121mn for retro push
London-listed collateralised reinsurer Catco has raised a net $121mn from a new share issue and is seeking to issue another 400mn new shares
19 May 2011
Lloyd’s reports £1.35bn profit on strong underwriting
Lloyd’s last month reported half year pre-tax profits of £1.35bn – marginally down on the £1.38bn booked at the same stage last year – as strong underwriting results in benign conditions were offset by a fall in investment income.
11 October 2006
Aon ties in Case until 2015
Global broker Aon has given an early vote of confidence in its president and CEO Greg Case, renewing his contract through to April 2015.
20 November 2009
Morgan Stanley advising on RBSI sale
Morgan Stanley and UBS are joint advisors for the Royal Bank of Scotland (RBS)'s restructuring plan, which includes the shedding of its European P&C insurance operations, RBS Insurance (RBSI).
03 November 2009
Beazley sees rates and premiums drop in Q1
Listed Lloyd's insurer Beazley Group plc reported falls in both rates and premiums in its first quarter trading update this week.
28 April 2008
Swiss Re set to outperform says analyst
Reinsurer Swiss Re looks to be in good health with the group set to be a winner from the recent hurricane season.
07 November 2005
SCOR completes capital raise to buy-back
French reinsurer SCOR has successfully raised a total of EUR233.2mn from the issue of 149.5mn shares (after full exercise of over-allotment option), with the majority of the gross proceeds going to buy back the remaining shares of Irish subsidiary IRP.
21 July 2005
Banking bolsters ING fortunes
Dutch banking and insurance group ING said last week that its operating profits for the second quarter of 2004 rose 35.2 percent to €2,796mn, helped by strong results at its banking arm.
09 August 2004
Amlin posts 83% combined ratio
Amlin was the latest Lloyd’s insurer to post bumper profits on the back of the hard market when it announced a combined ratio of 83 percent (against 95 percent in 2002) and a 31 percent increase in gross written premium to £937.4mn for its 2003 year-end r
15 March 2004
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