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There are 68,805 results that match your search.68,805 results
  • Last week Lloyd’s confirmed the appointment of Dr Richard Ward, the former head of the London-based International Petroleum Exchange (IPE), as its new chief executive and the person responsible for executing the Corporation’s three-year strategic vision.
  • Terry Clarke has confirmed he will step down from Converium’s board of directors at the company’s AGM on 11 April. Clarke was appointed interim CEO in February 2005 to steady the ship following the ousting of Dirk Lohmann over the company’s much...
  • Lloyd’s insurer Omega Underwriting Holdings predicted a profitable 2005 despite last year’s storm losses with the group estimating a $24mn hit from Hurricane Katrina alone. Omega has forecast a profit of 2.5-12.5 percent for Syndicate 958 on...
  • Aon Corp has confirmed that it plans to lay-off another 400 employees as part of its restructuring initiative. The broker – which announced last year that it expects to lose 1400 staff – said in a Securities and Exchange Commission filing that this...
  • Shares in UK listed Jardine Lloyd Thompson Group plc (JLT) fell sharply last week following the broker’s 2005 results which showed a fall in profits and a downbeat assessment of trading conditions. JLT’s shares, which started the week at 445p, fell...
  • Start-up (re)insurer Lancashire Holdings has parted company with vice-president Alex Richards, the former Renaissance Re underwriter, who joined the company at the end of last-year. Richards was part of chief executive Richard Brindle’s start-up...
  • Amlin plc was as good as its word when posting record results last week which promise to stand out amongst all the quoted Lloyd’s insurers. The insurance company had already signalled 2005 would be a strong trading year despite the storm losses...
  • Rating agency Standard & Poor’s (S&P) announced today (13 March) that it has downgraded The Cologne Re of Dublin (TCR) from AAA to A following its parent Berkshire Hathaway’s decision to put it into run-off last December. The reinsurer, which wrote...
  • UK broker Heath Lambert Group appointed Nigel Thomas as group finance director on 9 March. Thomas joined Lowndes Lambert in 1995 and was involved in the financial aspects of the Lowndes Lambert/Fenchurch Group merger and the subsequent Lambert...
  • Lloyd’s insurer Heritage is to move into personal accident on its Syndicate 1200 after hiring a team headed by former Euclidian underwriter Marc McLean. McLean was previously senior accident and health underwriter at now defunct Euclidian Syndicate...