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There are 68,813 results that match your search.68,813 results
  • UK broker shares rally on Numis note
    A bullish stance on the insurance broking sector by analysts at Numis Securities fuelled a price hike in the shares of brokers Benfield and JLT last month. In the research note, released on 10 October, Numis analysts...
    04 November 2005
  • Montpelier Re asks for time
    After downgrade and developing hurricane losses, investors await strategic plan... Post-9/11 start-up Montpelier Re has pleaded for patience from investors as it formulates a strategic plan to recover from heavily deteriorating hurricane losses that...
    04 November 2005
  • AM Best gets tough on monoliners
    Despite successful fundraising efforts to repair balance sheets battered by spiralling hurricane losses, a slew of rating downgrades has begun, with AM Best leading the way. The agency’s response appears to be toughest on those bearing the biggest...
    04 November 2005
  • Stanard departure stirs brain drain fear at RenRe
    AM Best downgrade for once revered reinsurer... Rating agency AM Best downgraded the insurer financial strength ratings of troubled Bermudian RenaissanceRe from A+ to A just two days after the reinsurer revealed CEO and chairman James Stanard had...
    04 November 2005
  • Lloyd’s insurers rush to raise post-storms capital
    Like their Bermudian based counter-parts, Lloyd’s quoted insurers are rushing to raise funds from the capital markets to take advantage of the expected uplift in rates that has followed the estimated $60bn-$80bn of storm losses this hurricane season.
    04 November 2005
  • AIG and Greenberg battle it out over control of Starr
    Ousted AIG legend in legal tit-for-tat over rights to $20bn stake in former employer... On the 17 October former American International Group (AIG) chief executive, Maurice “Hank” Greenberg launched the latest round in an increasingly acrimonious...
    04 November 2005
  • Towergate buys SVB's Fusion
    Lloyd’s insurer SVB has sold its SME property focused underwriting agency to the fast-expanding insurance consolidator Towergate Partnership in a deal worth up to £25mn. After several months of talks, Towergate and SVB agreed terms for the transfer...
    04 November 2005
  • Lloyd’s begins search for a 'Man for all seasons' as chief departs
    Last month, Lloyd’s chief executive Nick Prettejohn confirmed that he was to end his ten year association with the Corporation and join Prudential plc at the beginning of next year. It was widely regarded as a successful reign, and Prettejohn can...
    04 November 2005
  • GoshawK shares collapse on cash flow troubles
    Crisis-struck (re)insurer breaches banking covenants; details emerge on FSA action... Shares in UK quoted GoshawK collapsed almost 40 percent on 4 November to 5.75p as the company revealed it is no longer able to get access to funds in its Bermudian...
    04 November 2005
  • Lloyd’s set to expand for post-hurricane rates boom
    Lloyd’s capacity for 2006 looks set to come close to its record £15bn capacity level in 2004 as a host of the market’s syndicates plan to increase their business in the wake of hurricanes Katrina, Rita and Wilma. Only a few months ago, most...
    04 November 2005
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