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Brown & Brown hit by contingents fall and negative organic growth
Falling contingents, increased expenses and continued organic retrenchment pushed expansive US retail broker Brown & Brown's second quarter net income down more than 10 percent.
19 July 2011
Lime Street sidecar rides on
The Lloyd’s sidecar vehicle, Managing Agency Partners (MAP) Syndicate 6103, intends to renew its capacity for 2009.
07 October 2008
California brushfires loss spreads wide
The devastation reaped by the Californian brushfires will be spread throughout the US P&C sector, according to analysis by stockbrokers Collins Stewart.
03 November 2003
Japanese residential payouts reach $2.3bn
Members of the General Insurance Association of Japan (GIAJ) have paid out $2.28bn (186bn yen) in residential housing claims from the Tohoku earthquake and tsunami
26 April 2011
SCB's guaranteed profit scheme
The Insider's exclusive coverage of the Sphere Drake arbitrage trial continues with the revelation of SCB's supposed win-win scheme for PA LMX reinsurers Stirling Cooke Brown devised an intricate business plan guaranteeing net profits for insurers who
01 April 2002
AT&T issues $139mn writ over 9/11 insurance claims
Telecommunications giant AT&T has filed a lawsuit against 15 insurers over allegedly unpaid property damage and business interruption claims relating to 9/11.
05 July 2004
Lloyd’s vehicles boost trading forecasts:
Amlin predicts strong first half year Shares in Lloyd’s insurer Amlin Plc rose sharply on 17 August after the company released a better-than-expected trading statement.
22 August 2005
Aon launches Dubai M&A operation
Aon Risk Services has launched a mergers & acquisitions (M&A) service for private equity, sovereign funds, business-to-business, real estate and infrastructure funds based in its Dubai office.
30 June 2008
Positive outlook for Max Capital
Ratings agency Standard & Poor's (S&P) has revised its outlook to Positive from Stable for Bermudian Max Capital Group Ltd following the firm's increased diversification and strong capitalisation.
31 March 2008
Kiln optimistic on 2005 prospects
Lloyd’s insurer Kiln has said today (27 June) that it continues to see good trading conditions in 2005, with renewal rating levels at 98.4 percent of the equivalent price a year ago.
27 June 2005
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