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There are 68,783 results that match your search.68,783 results
  • MMC profits on falling revenues
    MMC chief executive Michael Cherkasky pointed to the green shoots of recovery in his company's first quarter results on 3 May, but it was also apparent that the global brokers are still operating in a brutally tough trading environment.
    08 May 2006
  • Berkshire Hathaway committed to catastrophe reinsurance; Buffett points to son as next chairman
    Despite unveiling hurricane losses of $3.4bn for last year, Berkshire Hathaway Inc said it remains committed to writing catastrophe (re)insurance.
    08 May 2006
  • Underwriting key to cat exposure management, says panel
    Last autumn's record hurricane losses have spurred a sea change in approaches to underwriting catastrophe risk and the use of modelling techniques, said panellists at a market briefing hosted by The Insurance Insider in London last Friday (5 May).
    08 May 2006
  • Room bought by Indian IT firm
    London market IT provider Room Solutions has been bought out by the Indian headquartered company NIIT Technologies Limited (NIIT). In an announcement today (8 May), the company said NIIT has taken a majority shareholding in the company "with a view...
    08 May 2006
  • LMA sparks war of words over broker remuneration
    The trade association for Lloyd's insurers was accused of a "thinly veiled attempt to reduce London brokerage levels" last week as the war of words over broker remuneration broke out once again.
    08 May 2006
  • PXRE hit by shareholders lawsuits
    Troubled reinsurer PXRE has been hit by a brace of shareholder suits in New York alleging that the company misled investors by hiding the full impact of last autumn’s hurricanes in its initial loss estimates.
    05 May 2006
  • Contrasting fortunes
    Benfield reports reveal underlying strength of Europeans as Bermudians suffer in 2005 As the reinsurance sector continues to lick its wounds from last year’s hurricane onslaught, it is clear that Europe’s old guard has pulled through with far less...
    04 May 2006
  • The rise of the post-Katrina Sidecar
    Sidecars may have been around before last year’s trio of devastating hurricanes, but the trend to set up such vehicles was taken to a new level as (re)insurers looked to offload risk from balance sheets damaged by heavy losses and under the scrutiny of...
    04 May 2006
  • Wade raising capital for new reinsurance venture
    Michael Wade is raising capital for a new reinsurance venture that, if successful, would see the veteran Lloyd's figure return once again to the London market. Wade is working in conjunction with UBS - the investment bank which is currently...
    04 May 2006
  • London news digest - May 2006
    Besso fined by FSA over fraud employee; Amlin raises £230mn debt; R&SA boosts regulatory capital; Heritage plans PA syndicate and AIM float; Ex-Marsh VC joins Beazley; Guy Carpenter launches London Market e-claims; GoshawK shares et al...
    04 May 2006
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