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NFIP faces further delays
The protracted reform of the National Flood Insurance Program could face further delays due to the Senate's current legislative timetable.
08 November 2011
SCOR buys Alea Europe renewal rights
SCOR will acquire one of the last trading arms of the defunct Alea Group after announcing last Thursday (8 December) that it has agreed terms for the renewal rights of Alea Europe AG.
12 December 2005
EC3 insurers reduce 2008 capacity
Canopius has become the latest Lloyd's insurer to reveal plans to reduce its capacity limit next year, following recent announcements from Hiscox plc and Kiln plc.
12 July 2007
St Paul's profit dips
US insurer St Paul Travelers on 27 July reported a dip in net income which fell to $970mn, or $1.40 per basic share, for the second quarter compared to $1.069bn, or $1.59 per basic share in the prior-year period.
31 July 2006
AIG subscribes to PICC offer
Chinese insurer PICC Property & Casualty Company aims to raise HK$6.14bn ($787mn) from a rights issue which is being supported by cornerstone shareholder American International Group (AIG).
30 November 2011
AIG and Starr reach settlements
US giant American International Group (AIG) and CV Starr, the managing agency controlled by its former chairman and CEO Maurice “Hank” Greenberg, have settled the legal disputes stemming from the termination of their business relationship.
06 December 2006
AIG tackles defection fears with $500mn compensation boost
American International Group (AIG) has cancelled its deferred compensation programmes as it looks to remove incentives for staff to leave.
17 November 2008
Airline sector close to 'burning'
Plummeting rates during last year's airline renewals have left the market close to its "burning cost" where it could struggle to turn a profit.
08 January 2007
Equitas Names in line for small windfall as well as certainty
Few of the 34,000 Lloyd’s Names who reinsured themselves into Equitas in 1996 probably thought it would happen, but it is now possible they will receive a small windfall following Friday’s (20 October) transaction with Berkshire Hathaway.
23 October 2006
Chaucer plans ahead
Ambitious Lloyd’s listed insurer Chaucer Holdings said it plans to double its current underwriting capacity by the time the next sector cycle peaks, as it reported a positive start to the year in its latest trading statement, released to the London Stock
31 May 2005
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