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There are 68,963 results that match your search.68,963 results
  • Court of Appeal restores normality in GoshawK decision
    The UK Court of Appeal sent a sigh of relief among London market insurers earlier this month after over-turning last year’s controversial GoshawK vs Tyser decision which ruled brokers were not obliged to produce documents previously shown to underwriters.
    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
  • Aon confirms plans to outsource legacy back office
    As London market brokers wrestle with the heavy burden of their back office legacy issues, Aon Ltd has confirmed it is considering the unprecedented step of outsourcing its entire back-office in a bid to drive down costs.
    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
  • Numis: smarter new capital, seasoned old capital in Bermuda
    Despite the “Class of 2005” raising over $10bn within months of Hurricane Katrina, capital supply is expected to have less impact on pricing than ever before, according to analysts at Numis Securities. In a note titled “The cycle has staying power”...
    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
  • Alea has ratings withdrawn
    Bermudian (re)insurer Alea Group has had its rating withdrawn by agencies Standard & Poor’s (S&P) following the lead of AM Best. A statement from S&P on 14 February said: “Standard & Poor’s Ratings Services said today it affirmed its BBB long-term...
    17 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
  • Advisen: rate rises confined to property, for now
    Last autumn’s industry record hurricane losses triggered sharp increases in property rates in the fourth quarter of 2005, according to the latest RIMS Benchmark Survey from analysts at US firm Advisen. The survey, which includes information from...
    17 February 2006
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