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  • The former trustees of James Hunt Dix – David James, Alan Scattergood and Richard Allardyce – are confident that they will defeat any charges for mismanagement of the former Lloyd’s broker James Hunt Dix’s Pension fund. This follows the article in May’s
  • Lloyd’s insurer Amlin reported last Wednesday (2 March) a record result of 25.4 percent of capacity for the 2003 year of trading on Syndicate 2001, beating the previous record of 21.7 percent on the 2002 account. The company said the result...
  • Munich Re-owned Lloyd's managing agency Beaufort has increased its stake in Syndicate 318 during the Society's capacity auctions and is now obliged to offer to buy out all of the remaining Names for the 2012 year of account, according to a Lloyd's circular.
  • Ratings agency Standard & Poor's (S&P) has downgraded its insurer financial strength (IFS) ratings of Bermudian reinsurer PartnerRe's operating subsidiaries by one notch to A+ from AA-
  • Restructuring continued apace at American International Group (AIG) last week. Ahead of its sale of Hartford Steam Boiler to Munich Re [see story 1] the troubled insurer announced the completion of the sale of $39.3bn face value...
  • Lloyd’s insurer Kiln plc revealed plans to pre-empt its 2007 syndicate capacity to around £1bn in its interim results statement on 12 September.
  • Shares in Jardine Lloyd Thompson Group plc (JLT) came under sustained selling pressure last week after the firm issued another downbeat trading statement.
  • The French insurance market is maintaining its stability despite increased pressure on motor rates and a lacklustre economy, according to a report from rating agency Standard & Poor’s (S&P).
  • Lloyd's (re)insurer Chaucer is mulling whether to continue providing turnkey services to nascent Lloyd's syndicates, according to well-placed sources.
  • It was former CEO Maurice "Hank" Greenberg's concern over the falling share price of American International Group Inc (AIG) that prompted an allegedly sham finite reinsurance deal with Gen Re, a US court was told earlier this month.