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There are 68,957 results that match your search.68,957 results
  • 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
  • Regulation threatens profitability, warns Mazars survey
    Regulation doesn't benefit clients and only threatens profitability, according to a survey of insurance brokers conducted by accountancy and advisory firm Mazars. The findings, published last Thursday (6 April), reveal that the majority of brokers...
    10 April 2006
  • Net premiums down 13 percent for US reinsurers
    Net premiums fell 13 percent in 2005 for the US reinsurers included in reinsurance broker Benfield's US Quarterly report (BUSQ). The report stated: "While appetite for retentions increased at primary companies, leading to reduced cessions, the BUSQ...
    10 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 statement on 7 April. Funds raised will be used to boost capital and to...
    10 April 2006
  • Reinsurance sector stable says S&P
    Ratings agency Standard & Poor's (S&P) announced on 5 April that it has revised its outlook on the reinsurance sector from negative to stable. S&P placed the reinsurance industry on negative outlook on 28 September last year in the aftermath of...
    10 April 2006
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