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There are 68,963 results that match your search.68,963 results
  • Quanta counts cost of run-off
    Distressed insurance company Quanta Capital Holdings Ltd revealed a $42.9mn loss for the second quarter and said it was talking to its bankers after defaulting on its credit facility following the rating downgrades earlier this year.
    14 August 2006
  • AXIS powers to record Q2 profit
    Bermudian powerhouse AXIS Capital reported record second quarter net income of $223.4mn, or $1.37 a share, up 29 percent on the prior-year period on the back of increased investment income on 7 August.
    14 August 2006
  • US sale key to Converium upgrade
    If Converium can sell-off its discontinued US arm, Converium North America, then it is likely to spark an upgrade by Standard & Poor's back to the longed-for A territory.
    14 August 2006
  • Aon back-office deal could lead to new London platform
    The decision by Aon Ltd to outsource its entire back office Client Operations division could provide the framework for a new approach by London market brokers to process their business.
    14 August 2006
  • Lloyd's rules out forming US admitted insurer
    Lloyd's has ruled out creating a fully-fledged US insurance company - an idea that was floated as part of the three-year strategic plan delivered in January.
    14 August 2006
  • AIG says no insurance impact from terrorist threat
    Martin Sullivan, the president and CEO of US giant American International Group (AIG) said the group saw no insurance impact from the terror plot exposed by UK authorities last week.
    14 August 2006
  • Capita secures Chaucer claims deal
    Capita Insurance Services, part of the UK outsourcing giant, Capita Group plc, announced on 10 August that it had secured a deal to process claims for Chaucer Syndicates.
    14 August 2006
  • R&SA delivers increased profits
    UK insurer Royal & Sun Alliance (R&SA) last week (10 August) reported interim after-tax profits up 22 percent to £238mn on the first six months of 2005, driven by a strong showing in its so-called core group of business.
    14 August 2006
  • Ex-NIG chief launches UK SME start-up
    Lloyd's insurer Canopius and Neil Utley's Equity Insurance Group (EIG) are to support a new UK commercial lines underwriting operation to be led by former NIG Commercial Lines (NIG) managing director Charles Earle.
    14 August 2006
  • AWAC impresses with first results as public company
    Newly floated Bermudian (re)insurer Allied World Assurance Company Ltd (AWAC) reported an increase in net income from $71.5mn in the second quarter of 2005 to $102.4mn in its first accounting period as a public company.
    14 August 2006
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