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There are 68,791 results that match your search.68,791 results
  • Castlepoint Re launched with $265mn capital
    Castlepoint Holdings Ltd is the latest reinsurer to be formed in Bermuda after the US investment bank Friedman, Billings Ramsey & Co Inc raised $265mn via a private placement for the start-up operation.
    12 April 2006
  • Lloyd’s gives Quanta deadline
    Lloyd’s has given distressed Bermudian insurer Quanta Capital Holdings a deadline to inject new capital into its Syndicate 4000 or face the business being closed by year-end. The Bermudian headquartered insurance group revealed in a...
    12 April 2006
  • PXRE requests ratings pull
    Hopes that PXRE harboured of engineering a move for its ongoing business to Lloyd’s are understood to be fading, as it revealed on 11 April that it has requested the withdrawal of its financial strength and issuer credit ratings by the major agencies.
    12 April 2006
  • Levene welcomes G6 initiative
    The data processing and electronic transfer initiative being driven by the so-called “gang of six” (G6) is gathering momentum, with the completion of a first round of successful tests, agreement of standards and a ringing endorsement from the Lloyd’s...
    12 April 2006
  • Whittington to launch $50mn Lloyd's syndicate
    Fast-expanding Omni Whittington is close to launching a Singapore-based $50mn live underwriting Lloyd's syndicate, The Insurance Insider can reveal. According to the company, the new syndicate will write “predominantly short-tail commercial...
    12 April 2006
  • CV Starr begins underwriting at Lloyd's
    The unlikely alliance between industry titans Maurice “Hank” Greenberg and Warren Buffett has led to the former American International Group (AIG) chief executive establishing an aviation underwriting platform in Lloyd’s.
    12 April 2006
  • PXRE requests ratings pull
    Troubled Bermudian PXRE announced yesterday (11 April) that it has requested the withdrawal of its financial strength and issuer credit ratings by the major agencies. The move is part of the reinsurer’s strategic evaluation process that has...
    12 April 2006
  • Independent CEO faces 2007 fraud trial
    Michael Bright, the colourful founder of collapsed UK insurer Independent Insurance, will face trial on charges of conspiracy to defraud at a trial starting after Easter 2007, a preliminary hearing at Southwark Crown Court heard on the 24 March.
    12 April 2006
  • HIH fails in film finance trial
    Defunct Australian insurer HIH’s film finance action against its broker JLT Risk Solutions has ended with its claim being dismissed on 15 March. Despite Mr Justice Langley finding that JLT was in breach of duty its duty as a broker...
    12 April 2006
  • R+V returns to court for Risk liabilities
    German reinsurer R+V is awaiting judgement on the quantum of liabilities due from the controversial former Lloyd’s based underwriting agency Risk. Mr Justice Tomlinson finished hearing the case on 30 March after a two-week hearing at the...
    12 April 2006
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