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There are 68,813 results that match your search.68,813 results
  • FSA warns brokers over conflicts of interest
    The Financial Services Authority (FSA) has written a letter to the CEOs of broking firms in order to “remind you of your responsibilities to implement appropriate processes to enable your firm to manage conflicts of interest effectively”.
    28 November 2005
  • Integro buys London market broker
    The fast-expanding broking group Integro Ltd has established a London market foothold with the acquisition of Lloyd’s broker Humphreys Haggas Sutton & Co. As predicted by The Insurance Insider in September, Integro has completed the purchase the...
    28 November 2005
  • Levene announces 3yr strategic plan
    Lord Levene used his ‘Chairman’s View’ lecture to the Insurance Institute of London speech at Lloyd’s on 24 November to announce a three-year strategic plan for market reform to be published next January. The chairman also used his lecture to warn the...
    28 November 2005
  • Advent to raise £30mn as its hurricane loss estimates mount; second Lloyd’s (re)insurer to burn through reinsurance cover
    Lloyd’s reinsurer Advent Capital has increased its Katrina loss estimate by almost 50 percent and unveiled plans for a heavily discounted £30mn equity issue to fund its underwriting for next year. The reinsurance specialist revealed last week that...
    28 November 2005
  • Lloyd’s to pioneer Islamic (re)insurance with takaful start-up
    In a pioneering move, Lloyd’s is set to form an Islamic reinsurance syndicate to target Shari’a compliant business which will be managed by Creechurch Holdings Ltd, Insider Week can exclusively reveal. According to sources, the takaful reinsurance...
    28 November 2005
  • XL set for $830mn Winterthur arbitration loss
    Bermudian (re)insurer XL Capital revealed late last night (23 November) that it is set to lose out in a dispute with Credit Suisse over its acquisition of certain Winterthur International insurance operations that could hit fourth quarter results to the t
    24 November 2005
  • Wellington shares fall following $100mn additional storm losses; burns through reinsurance cover
    Shares in Lloyd’s insurer Wellington Underwriting plc have fallen more than 6 percent in trading today after the company suddenly increased its Katrina loss estimates by a further $100mn. By mid-afternoon, Wellington’s shares were trading down over...
    24 November 2005
  • Levene warns against regulatory apathy
    Lord Levene used his ‘Chairman’s View’ lecture to the Insurance Institute of London speech at Lloyd’s today to warn the industry against apathy in the face of the looming contract certainty d-day. Levene said: “Contract Certainty is a good thing, we...
    24 November 2005
  • Integro buys London market broker
    The fast-expanding broking group Integro Ltd has established a London market foothold with the acquisition of Lloyd’s broker Humphreys Haggas Sutton & Co.
    22 November 2005
  • Alea sells renewal rights to AAR unit
    Embattled (re)insurance group Alea Group Holdings has sold the renewal rights of its US primary programme business written by its Alea Alternative Risk (AAR) subsidiary to New York based AmTrust Group in a deal likely to be worth between $20mn-$40mn.
    22 November 2005
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