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Kiln forecasts improvement
Lloyd's insurer Kiln predicted improvements for three of its four syndicates when it updated its syndicate forecasts on 31 May.
05 June 2006
Argenta 2121 refocuses as Hyland departs
As revealed in Insider Week last Tuesday (30 May), Lloyd’s insurer Argenta Syndicate Management Ltd has parted company with its lead underwriter John Hyland after six years at the helm of its reinsurance focussed Syndicate 2121.
05 June 2006
Face up to climate change Lloyd's warns insurers
A report by Lloyd's has warned (re)insurers that they must face up to climate change and manage risks from greenhouse gases and rising sea levels or they will not survive.
05 June 2006
Restatements to cost Max Re $18.3mn; Q1 results avert delisting threat
Bermudian reinsurer Max Re has today filed its first quarter results, a move that should avert its delisting from the Nasdaq trading exchange.
01 June 2006
Allianz restructures; exits marine reinsurance
Insurance giant Allianz unveiled the restructuring of its large corporate risks units this week while also confirming it was exiting marine reinsurance business after last year’s destructive storm losses.
31 May 2006
Kiln forecasts improvement
Lloyd's insurer Kiln predicted improvements for three of its four syndicates when it updated its syndicate forecasts today (31 May).
31 May 2006
IMF raises concerns over Irish (re)insurance regulation
The International Monetary Fund (IMF) is to raise its concerns over the lack of (re)insurance in Ireland in a forthcoming report.
30 May 2006
Sompo Japan suspended by regulator
Japanese insurer Sompo Japan Insurance Inc has been ordered to suspend most of its operations at all of its domestic offices for a fortnight as a result of illegal sales practices.
30 May 2006
Australian court approves HIH scheme
An Australian judge has approved a scheme of arrangement for collapsed Australian insurer HIH Group at a sanction hearing in Sydney's Supreme Court on 26 May.
30 May 2006
NOAA adds to gloomy hurricane forecasts
The National Oceanic & Atmospheric Association (NOAA) has forecast that 2006 will be another "very active hurricane season" in the North Atlantic.
30 May 2006
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