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There are 68,963 results that match your search.68,963 results
  • Lloyd’s insurers form new $250mn consortium for hard-pressed satellite sector
    Liberty Syndicates is backing a new consortium providing $250mn of capacity to the satellite market in a venture supported by QinetiQ, the former UK Ministry of Defence laboratory which is set to be floated next month.
    13 January 2006
  • International news digest - January 2006
    AIG expected to settle for over $1bn ; ACE expects $250mn Wilma loss ; SCOR buys Alea Europe renewal rights ; Cook to leave AXIS ; Mexican Wilma losses hit $1.75bn ; Advisen estimates $57.6bn hurricane losses ; et al...
    13 January 2006
  • London news digest - January 2006
    Equitas disappointed with reinsurance deals ; Ascot reveals hurricane losses ; Liberty ups capacity to record level ; Hardy founder steps down ; RFIB makes Moscow move ; Independent executives bailed on fraud charges ; JLT Re begins trading ; et al...
    13 January 2006
  • Rating crisis could spell the end of mutuality, warns Philipps
    Charles Philipps has warned that Lloyd’s must preserve its security rating, or face disastrous consequences that would spell the end of the market in its current form. Speaking at Lloyd’s on 11 January as part of a series of lectures...
    13 January 2006
  • Analyst boost for Beazley despite shelving syndicate plans
    Lloyd’s insurer Beazley received a welcome boost from analysts Numis Securities after it failed to gain investor backing for a new syndicate last month. Numis has upgraded its rating on Beazley shares from ADD to BUY and increased its price target...
    13 January 2006
  • Hannover Re considers securitising recoverables
    Hannover Re is understood to be looking at solutions to reduce its exposure to reinsurance recoverables, which have risen significantly on the back of last autumn’s record industry hurricane losses.
    13 January 2006
  • Benfield predicts 2006 revenue growth
    Reinsurance broker Benfield Group predicted better than expected revenues for 2006 on the back of rising reinsurance rates in 2006 and 2007. In a 12 January trading statement, the broker said that it now expected 2006 turnover to grow by 20 percent...
    13 January 2006
  • Pender fraud case settlements imminent
    Out of court settlements appear to be close in the £80m fraud trial between Cable & Wireless and former employees of its defunct captive insurer Pender Insurance. The case met for a ‘mention’ at the High Court on 12 January and has been scheduled...
    13 January 2006
  • $200mn more storm losses for Everest Re
    Bermudian reinsurer Everest Re announced yesterday (12 January) that it is raising pre-tax loss estimates from last year’s trio of hurricanes by $200mn to $1.2bn, net of reinstatements.
    13 January 2006
  • Benfield predicts 2006 revenue growth
    Reinsurance broker Benfield Group predicted better than expected revenues for 2006 on the back of rising reinsurance rates in 2006 and 2007. In a 12 January trading statement, the broker said that it now expected 2006 turnover to grow by 20 percent...
    12 January 2006
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