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Converium upgrade boosts SCOR defence
The timing of Converium's upgrade to its desired A- financial strength rating from Standard & Poor's (S&P) couldn’t have been better as it attempts to shake off the hostile attentions of rival SCOR.
09 March 2007
Lloyd’s insurers soar to record profits
The reporting season may have crossed the Atlantic from Hamilton to London but the pattern has remained the same as few catastrophes and low claims fuel record profits.
09 March 2007
Marketform opens D&O account
Marketform's extension into D&O has been welcomed by the Lloyd’s insurer’s underwriting director Simon Lotter.
09 March 2007
Hub succumbs to private equity overtures
Hub International became the latest sizable broker to be acquired by private equity investors when the Chicago-headquartered firm agreed to a $1.7bn deal ($1.8bn including debt) with Apax Partners and Morgan Stanley.
09 March 2007
Legal Briefings
Our monthly column keeping check on US and EU legal and regulatory developments
09 March 2007
Run-Off Round Up
Capita swoops for CMGL; Tawa UK in $285mn acquisition; S&P to launch run-off ratings; European run-off liabilities exceed EUR200bn...
09 March 2007
International News Digest
Florida reins in cat fund expansion; GE loses asbestos claim; Scottish Re ‘disappointed’ with $233.8mn loss; US plans long-term TRIA extension; Greenberg appointed ACE chairman...
09 March 2007
London News Digest
Insurers refuel Boeing dispute ; Lloyd’s insurers build international liability platforms; Aon exec seconded to Lloyd’s; Amlin opens up electronic trading options; IBM steps into London market
09 March 2007
Berkshire extends Part VII boundaries with Sompo decision
A recent ruling by a UK Court may have wide-reaching implications for future transfers of business under Part VII of the Financial Services and Markets Act 2000 that involve a significant proportion of US and other overseas liabilities.
09 March 2007
Catlin shares up on Wellington integration
Catlin Group Ltd saw a healthy 6.35 percent rise in its share price, despite reporting lower than expected 2006 pre-tax profits of $275.4mn as it released its last figures before consolidating the performance...
09 March 2007
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