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Lloyd’s rejects Leinster start-up proposal
Proposed start-up Leinster Group Ltd has refused to acknowledge defeat but the prospect of a launch on the Lloyd’s platform looks bleak after the Society rejected its application.
25 June 2007
Endurance buys Converium's fertile US agricultural business
Expanding post-9/11 start-up Endurance Specialty has been quick to move in on opportunities presented by the demise of Converium's US operations as it announced last week (23 September) that it was buying up the Swiss reinsurer's successful agricultural r
28 September 2004
EW Payne pools scheme gets approval
The scheme of arrangement on the four EW Payne Pools was finally approved in the UK High Court last month.
04 August 2008
Nationwide wins Katrina decision
US insurer Nationwide Mutual Insurance Co won the first of the many “wind versus water” lawsuits spawned by Hurricane Katrina last week, although experts warned that it is unlikely to set a precedent as the cases vary widely.
21 August 2006
HLF Group pulls planned float
London based broker HLF was forced to pull its planned float after twice extending the pricing deadline to continue discussions with potential investors.
01 July 2002
R&Q fights fraud allegations in run-off clash
A UK commercial court judge continued to weigh up issues of fraud definition and jurisdiction as both sides in the long-running dispute between Randall and Quilter (R&Q) affiliate Cavell USA and private equity-owned Seaton Insurance Co and Stonewall Insur
13 October 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
Rubicon Corp forced to call in administrators
The UK insurance outsourcing company Rubicon Corporation has appointed Kroll Corporate Advisory & Restructuring Group as administrators after experiencing trading difficulties.
27 January 2006
Hardy continues growth strategy with HSBC team
Expansive Lloyd’s insurer Hardy Underwriting Bermuda Ltd has hired a five-strong team from HSBC that will bring renewal rights to a portfolio of high net worth property business.
09 October 2008
Case against Greenberg ‘devastating’
The New York Attorney General has "a devastating case" against Hank Greenberg relating to sham reinsurance transactions entered into by American International Group (AIG) 10 years ago, according to a US judge.
26 April 2010
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