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There are 68,800 results that match your search.68,800 results
  • Capital markets affair with reinsurance set to continue
    The Insurance Insider reports from the World Insurance Forum where the growing interaction between the reinsurance industry and the capital markets was a key subject of debate. Industry leaders gathered at the World Insurance Forum in Bermuda last...
    15 March 2006
  • HSBC restructures into four units
    London-based HSBC Insurance Brokers announced a restructuring on 2 March, with the creation of four core divisions reporting to chief executive Mike Dixon. The new structure sees Direct Client Solutions, International Solutions, Intermediary...
    15 March 2006
  • JLT denies sale status as profits fall
    When, without prompting, Jardine Lloyd Thompson Group plc’s (JLT) new chief executive Dominic Burke volunteered: “I passionately believe in the independence of JLT”, it begged the question: “Who was suggesting otherwise?”
    15 March 2006
  • Bermudians feel 2005 woe
    Aspen impresses analysts, despite loss Despite posting a fourth quarter net profit of $30.3mn or 31 cents a share, Aspen Insurance Holdings was unable to turn around a hurricane-struck year, joining a growing band of Bermudians to book a 2005 deficit.
    15 March 2006
  • US players post full-year profits
    CNA falls to Q4 loss Chicago-based insurer CNA Financial posted a fourth quarter net loss of $217mn, or 92 cents per share, down from a net profit of $303mn, or $1.11 per share, in 2004. The company was hit by $223mn in commuted reinsurance...
    15 March 2006
  • Profits leap at Royal & Sun Alliance
    UK insurer Royal & Sun Alliance (R&SA) reported a £685mn leap in its full-year after tax performance. After tax profits were £605mn last year, a marked improvement on 2004’s £80mn loss. Profits before tax rose to £865mn in 2005 from £80mn the...
    15 March 2006
  • Quanta counts cost of devastating downgrade; future bleak
    Shares in (re)insurer Quanta Capital Holdings Ltd collapsed earlier this month after the company admitted it was putting itself up for sale following deteriorating losses and a downgrade by rating agency AM Best from the crucial A- to B++.
    15 March 2006
  • PXRE looks to Lloyd's for salvation
    Hurricane-decimated Bermudian in talks to transfer ongoing business after downgrades. Embattled Bermudian reinsurer PXRE Group Ltd is pinning its hopes on Lloyd’s as part of a rescue plan that could see the group transfer its ongoing business to...
    15 March 2006
  • FSA wants to see healthy run-off sector
    UK regulator the Financial Services Authority (FSA) has said it regards a healthy run-off sector as an essential part of the insurance market. Speaking at the Association of Run-Off Companies (ARC) Congress on 7 March, Julian Adams, head of...
    15 March 2006
  • Brokers go peer-to-peer with G6
    The brokers working to achieve peer-to-peer initiatives with the “gang of six” Lloyd’s underwriters have been revealed as Aon, Benfield, Willis and Marsh. The “gang of six”, or G6, is the breakaway group of powerful insurers which has combined...
    15 March 2006
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