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  • The G6 group of Lloyd's insurers has recently announced that it has agreed new electronic processes with four major brokers using the internationally recognised ACORD data standards. Initial feedback from The Insurance Insider's 2006 London Market...
  • The G6 group of Lloyd's insurers announced last Wednesday that it has agreed new electronic processes with four major brokers using the internationally recognised ACORD data standards. The G6 or "gang of six" comprises an alliance between...
  • The scale of the damage caused to the Lloyd's Central Fund by the failure of GoshawK's Syndicate 102 is becoming apparent with the Society paying £76mn last year to cover claims arising from the defunct insurer.
  • Stone Point Capital, the former private equity arm of MMC, has agreed terms to acquire the business of AXA Re and form a new reinsurer, Paris Re. AXA Re’s parent AXA SA will take a stake of between 5 and 10 percent in Paris Re Holdings Ltd...
  • Bermudian giant XL Capital is to float its financial guaranty business in an initial public offering (IPO) on the New York Stock Exchange, the (re)insurer revealed in a statement today (7 April). Funds raised will be used to boost capital and to...
  • Lloyd's today (6 April) reported a pre-tax loss of £103mn in its full-year results after absorbing the cost of the worst hurricane season on record.
  • UK-listed broker Jardine Lloyd Thompson Group plc (JLT) has today (5 April) revealed that Dominic Collins, executive chairman of its JLT Risk Solutions division, has resigned after more than 20 years with the company. The move follows plans for...
  • The G6 group of Lloyd's insurers has today (5 April) announced that it has agreed new electronic processes with four major brokers using the internationally recognised ACORD data standards.
  • Ratings agency Standard & Poor’s (S&P) today (5 April) announced that it has revised its outlook on the reinsurance sector from negative to stable.
  • Aviation underwriting agency Augsburg Re is set to become a fully-fledged reinsurer if it completes a planned fundraising, The Insurance Insider can exclusively reveal. The company, which is headed by the experienced aviation underwriter...