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SCOR turnover leaps with Revios acquisition
French reinsurer SCOR Group has revealed a 55 percent increase in its gross written premium during the first half of this year, primarily driven by its acquisition of the life reinsurer Revios.
21 August 2007
Guardian to merge Gibraltar insurers
Caribbean-based financial services group, Guardian Holdings Ltd (GHL) is to combine its two European motor insurance companies to create a single Gibraltar-based insurer and brand.
20 August 2007
Kiln and Hiscox assuage sub-prime fears
Lloyd’s (re)insurer Kiln plc released full details of its investment portfolio last week, as market uncertainty continued over insurance company’s exposure to sub-prime debt and collateralised debt obligations (CDOs).
20 August 2007
Chaucer to motor through rate decline
Lloyd’s insurer Chaucer Holdings plc has confirmed it will increase its motor portfolio to offset the reduction in capacity in its other classes.
20 August 2007
Uncertain times provides perfect backdrop for Trading Risk debate
The brutal uncertainty in the equity markets, together with the menacing presence of Hurricane Dean, is a reminder of the capricious nature of the (re)insurance business.
20 August 2007
Greenlight shines in post IPO quarter
Cayman Islands reinsurance vehicle, Greenlight Capital Re, said it had second quarter earnings of $21.3mn – a three hundred percent increase on its inaugural second quarter last year.
20 August 2007
RenRe rewards securitisation leader
Bermudian (re)insurer RenaissanceRe has promoted Larry Richardson to senior vice president of its strategic investments arm, Renaissance Re Ventures.
20 August 2007
Montpelier makes US progress
Montpelier Re has made progress in its new US operation as it diversifies from its roots as a Bermudian monoline reinsurer.
20 August 2007
Hampden pushes ahead with AIM float
Lloyd’s investment vehicle Hampden Underwriting plc (HUP) is pushing ahead with its £15mn floatation on the London Stock Exchange’s Alternative Investment Market (AIM) and trading is expected to commence on 4 September.
20 August 2007
Hardy remains bullish as forecasts improve
Listed Lloyd’s insurer Hardy Underwriting Group impressed analysts after upgrading its syndicate forecasts in a “bullish” trading statement on 16 August.
20 August 2007
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