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There are 68,963 results that match your search.68,963 results
  • Fox appointed Clarendon CEO
    Rod Fox has left reinsurance broker Benfield to head up Clarendon Group, the US specialty insurance arm of Hannover Re. In a 1 February announcement, the German reinsurer said Fox had been appointed CEO of Clarendon, with the division’s...
    06 February 2006
  • Advent upbeat on 2006 renewals
    Brian Caudle’s Lloyd’s (re)insurer Advent Group gave an upbeat assessment of trading conditions last week following the heavy storm losses in 2004-2005. According to Advent, the group has experienced rate rises of up to 100 percent in its...
    06 February 2006
  • Hurricanes deliver heavy Everest loss
    Everest Re became the first of the Bermudians to roll out fourth quarter results, revealing on 30 January a $185.8mn, or $3.01 a share after-tax operating loss – a dramatic reversal of the $94.7mn, or $1.66 a share operating profit recorded in...
    06 February 2006
  • Profits plummet at St Paul
    US insurance giant St Paul reported last Thursday (2 February) that its fourth quarter results for last year had plummeted 41 percent as the insurer was hit by reserve charges for asbestos and increasing hurricane costs.
    06 February 2006
  • Lloyd’s sues Aon and Benfield over Central Fund insurance failure
    Lloyd’s confirmed last week 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.
    06 February 2006
  • HIH sues JLT over film finance “fraud”
    The defunct Australian insurer HIH Casualty & General is alleging fraud against its broker JLT Risk Solutions over controversial film finance losses written in 1997. The case is being heard by the Honourable Mr Justice Langley...
    06 February 2006
  • Hannover Re completes $370mn cat bond
    Hannover Re announced last week (3 February) the completion of a $370mn catastrophe bond deal which it says will provide the reinsurance giant with extra capacity for underwriting catastrophe risks.
    06 February 2006
  • Insurance venture capitalist lists on AIM
    BP Marsh & Partners plc, the London-based investor in specialist insurance and other financial services related companies, listed on the Stock Exchange’s Alternative Investment Market last week valuing the company at over £41mn.
    06 February 2006
  • Lloyd’s identifies Asian growth areas
    Research from Lloyd’s has identified four key areas for growth in the changing Asian insurance markets. The research “New Openings – quantifying opportunities in Asia” earmarks classes of business for growth, they are marine cargo...
    06 February 2006
  • Brit profits ahead of expectations
    UK insurer Brit saw its shares power ahead to around 96p on the London Stock Exchange last week after revealing that it now expects to make a pre-tax profit of £60mn for 2005.
    06 February 2006
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