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There are 68,806 results that match your search.68,806 results
  • 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 as it announced a net loss of $177.8mn...
    20 February 2006
  • JLT letter prominent as Pender case draws to conclusion
    A letter written by broker JLT Group’s then chief executive Steve McGill in March 2002 expressing concerns over the management of Cable & Wireless’s (C&W) captive insurer Pender Insurance is thought to have become a significant factor in the settlement...
    20 February 2006
  • Schemes revised post-BAIC
    As the run-off sector continues to absorb the implications of key developments in 2005 led by the High Court decision not to sanction the British Aviation Insurance Company Limited (BAIC) solvent scheme of arrangement, the number of proposed...
    17 February 2006
  • PXRE downgraded by AM Best
    Bermudian reinsurer PXRE has lost its crucial A- (Excellent) financial strength rating following its downgrading to B++ (Very Good) by ratings agency AM Best today (17 February).
    17 February 2006
  • White Mountains forms latest Bermudian sidecar Helicon
    White Mountains Insurance Group has become the fourth (re)insurer to announce the formation of a Bermudian sidecar vehicle following last year’s US storm losses. Helicon will sit alongside the Bermudian reinsurer Olympus Re in writing up to...
    17 February 2006
  • Big three European reinsurers maintain premium volume
    Three of the world’s top five reinsurers, Munich Re, Swiss Re and Hannover Re, all showed slight improvements in premium volume through the January renewals. The European giants said they had achieved this while targeting underwriting and price...
    17 February 2006
  • SVB unveils plan to form a new UK insurer
    Despite revealing it would be tapping investors for fresh capital, SVB’s plans to form a new UK insurer and seal off its back-year legacy exposures were given a cautious welcome by analysts. Numis Securities’ analyst Nick Johnson maintained his...
    17 February 2006
  • Lloyd’s head of strategy exits
    Only a month after Lloyd’s unveiled an ambitious three-year strategic plan, the Corporation parted company with its head of business strategy in early February. Since joining Lloyd’s in 2003, Stuart Degg led the development of Lloyd’s...
    17 February 2006
  • Lloyd’s sues Aon and Benfield over Central Fund insurance failure
    Lloyd’s confirmed on 3 February that it will pursue legal action against Benfield and Aon, the two brokers who placed the £500mn Central Fund insurance contract which failed to engage following an arbitration decision last year.
    17 February 2006
  • Hammond linked with AJ Gallagher return
    Mike Hammond, the former chief executive of broker Marsh’s UK operations, may be set to make a swift return to the London market after leaving Jardine Lloyd Thompson plc by joining Arthur J Gallagher & Co, The Insurance Insider can reveal.
    17 February 2006
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