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Eccles takes over at Syndicate 5000
St Paul Travelers has announced that Steve Eccles has been appointed active underwriter for its Lloyd’s Syndicate 5000.
27 November 2006
Reserve releases prop up UK motor insurers
UK motor insurers were propped up by reserve releases and investment returns after experiencing a £200mn underwriting loss last year, according to analysis from Deloitte & Touche.
27 November 2006
R&SA and Zurich look east
Insurers Royal & Sun Alliance Insurance Group (R&SA) and Zurich Financial Services (ZFS) both unveiled strategies for expanding into Eastern Europe this week.
27 November 2006
Sperryn to leave LMA
The Lloyd’s Market Association’s (LMA) has announced that its chief executive Simon Sperryn, will leave the association at Christmas 2006.
27 November 2006
Mixed ratings reactions after HCC reshuffle
The sudden departure of HCC Insurance Holdings chairman and CEO Stephen Way has prompted a mixed approach from the two main rating agencies.
27 November 2006
Kiln appoints Asian CEO
Lloyd’s insurer Kiln appointed Keith Land as CEO of its newly formed Kiln Asia operation on 23 November.
27 November 2006
RMS maintains increased hurricane forecast
Catastrophe modelling agency Risk Management Services (RMS) has reiterated its medium-term five-year view on the probability of Atlantic storm losses as above average from next year, despite 2006’s placid storm season.
27 November 2006
Aspen affirmed despite departures
Despite losing three of its four underwriting heads this summer, Bermuda-domiciled Aspen Insurance Holdings (AIH) has seen its Bermudian and UK operating subsidiaries’ ratings affirmed by AM Best.
27 November 2006
Lancashire looks forward to ‘healthy’ 2007
Bermudian-headquartered (re)insurer Lancashire Holdings Ltd said it is looking forward to a “healthy” 2007 in a trading statement released on 21 November.
27 November 2006
Chaucer releases upbeat trading statement
Quoted Lloyd’s insurer Chaucer Holdings plc posted an upbeat trading statement on 23 November with improvements on 2004 and 2005 forecasts and an optimistic outlook for next year.
27 November 2006
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