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There are 68,951 results that match your search.68,951 results
  • Lloyd's to launch in Shanghai
    Lloyd's is to launch its new Chinese onshore reinsurance operation in Shanghai, the Society announced in a statement today (3 April). The move follows approval from Chinese president Hu Jintao last November for Lloyd's to set up as an onshore...
    03 April 2006
  • The FSA: help or hindrance to London's competitiveness?
    Is the UK's system of financial regulation a help, or a hindrance, to London's competitiveness with other global (re)insurance markets? Have your say with The Insurance Insider's 2006 London Market survey where the initial feedback is that...
    03 April 2006
  • Lloyd's gives Quanta deadline
    Lloyd's has given distressed 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 Securities & Exchange...
    03 April 2006
  • PXRE loses a third of clients
    Embattled reinsurer PXRE Group Ltd revealed the damage slumping out of the A-rating range has already inflicted on its business, with a third of its clients cancelling contracts on 1/1 in-force business as of 13 March 2006. In a 16 March SEC filing...
    03 April 2006
  • Heath Lambert recruits for Scottish expansion
    Heath Lambert has appointed two new staff members to its Aberdeen office as part of its Scottish expansion plans. Mark Webster has joined Heath Lambert as client service director and is responsible for delivering on the group's Service Excellence...
    03 April 2006
  • Ingosstrakh considers London float
    Russian insurer Ingosstrakh is considering an initial public offering (IPO) on the London Stock Exchange, according to reports last Friday (31 March). The move would see Russia's second largest insurer become the country's first publicly traded...
    03 April 2006
  • 2006 catastrophes could restrict reinsurers access to capital
    Further significant catastrophes this year could restrict reinsurers access to the capital markets, according to a report by ratings agency Standard & Poor's (S&P). The report noted that, although earnings had been poor for property & casualty...
    03 April 2006
  • Regulator costing consumers £400mn
    A report by the Association of British Insurers (ABI) has warned that the Financial Services Authority (FSA) is costing UK consumers £400mn a year. Stringent regulations and a sales process that is burdened with too much "irrelevant information"...
    03 April 2006
  • Advent profits blown away
    Specialist Lloyd's insurer Advent announced pre-tax losses of £74.8mn in its full-year results, which were released on 31 March. The company fell from last year's pre-tax profit of £4.5mn after suffering a £79.7mn net hit from hurricanes Katrina...
    03 April 2006
  • SVB shares fall following restructuring plan
    Lloyd's insurer SVB Holdings plc confirmed last week a scheme of arrangement to ring-fence past liabilities, with the creation of a new holding company Novae Group plc, and formation of an FSA-regulated insurer capitalised by proceeds from a £110mn...
    03 April 2006
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