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There are 68,957 results that match your search.68,957 results
  • Lloyd's insurers absorb losses
    Following on from the early-reporting Lloyd’s listed vehicles (see March issue of The Insurance Insider), the latest clutch of 2005 results were mixed, with those escaping the devastating hurricane losses with a profit largely indebted to reserve...
    12 April 2006
  • London news digest - April 2006
    SVB shares fall following restructuring announcement ; Lloyd’s to launch in Shanghai ; Aviva drops Pru bid ; GoshawK shares set for suspension ; Aon PLF: P&I renewal “successful” ; Bail bond syndicate increases loss estimates ; et al...
    12 April 2006
  • International news digest - April 2006
    Analyst expects Converium upgrade ; Omega Specialty gets A- rating ; Lancashire relieved as AM Best affirms A- rating ; Claims from Cyclone Larry hit $350mn ; HCC appoints Molbeck as President and COO ; Lexington reduces catastrophe exposure ; et al...
    12 April 2006
  • Starr Wars: The saga continues...
    Legal tit-for-tat is par for the course in the ongoing break-up between American International Group (AIG) and the company now run by its ex-CEO Hank Greenberg, CV Starr. The last month has proved no exception with action in two separate cases in...
    12 April 2006
  • Collins quits JLT
    UK-listed broker Jardine Lloyd Thompson Group plc (JLT) has parted company with Dominic Collins, executive chairman of its JLT Risk Solutions division, who has resigned after more than 20 years with the company. The move follows plans for a...
    12 April 2006
  • XL to float financial guaranty arm
    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 7 April statement. Funds raised will be used to boost capital and to...
    12 April 2006
  • 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
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