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There are 68,961 results that match your search.68,961 results
  • Aon in new round of job cuts
    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...
    13 March 2006
  • JLT down on trading conditions
    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...
    13 March 2006
  • Lancashire parts company with senior exec
    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...
    13 March 2006
  • Amlin optimistic for 2006 following record results
    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...
    13 March 2006
  • The Cologne Re downgraded to A
    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...
    13 March 2006
  • Heath Lambert appoints finance director
    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...
    13 March 2006
  • Heritage enters PA with McLean hire
    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...
    13 March 2006
  • Hannover Re considers US future following restructure
    Hannover Re has announced a restructure of its US arm Clarendon and admitted it will weigh up the options for the future of its ongoing specialty and discontinued programme businesses. In a statement on 7 March the German reinsurer revealed the...
    13 March 2006
  • NAIC sets collateral decision deadline
    The fate of the campaign by non-US reinsurers to have onerous collateral requirements relaxed for business written in the US should be known by the end of 2006, after the National Association of Insurance Commissioners (NAIC) finally set itself a...
    13 March 2006
  • Profits leap at Royal & Sun Alliance
    UK insurer Royal & Sun Alliance (R&SA) reported a £685mn leap in its full year after tax profits. After tax profits were £605mn last year, a marked improvement on 2004’s £80mn loss. Profits before tax rose to £865mn in 2005 from £80mn the previous...
    13 March 2006
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