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There are 68,813 results that match your search.68,813 results
  • Lloyd’s based broker goes into liquidation
    Lloyd’s based broker Fabien Risk Services Ltd has gone into liquidation with debts of over £700,000 and questions over the behaviour of some of its former directors. The company, which was formed in 2001 and...
    04 November 2005
  • 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
  • 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
  • Besso to file lower profits following accusations
    Fraud-alleging broker Besso Ltd is set to file accounts at Companies House which show profits for 2004 lower than expected at £3.6mn. The London market broker – which says it dismissed former director Tim Barker in August after uncovering alleged...
    04 November 2005
  • Big brokers losing market share
    The pace of growth at medium-sized brokerages on both sides of the Atlantic last year far outstripped that of the industry’s big names. And the trend is likely to accelerate in 2005, with the “Spitzer Effect” expected to play an increasing role.
    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
  • 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
  • London news digest - November 2005
    In our regular monthly London News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
    04 November 2005
  • Richard Brindle to launch $700mn+ Bermudian start-up insurer Lancashire
    Former Lloyd’s underwriter Richard Brindle is to set up a new Bermudian (re)insurer to target the post hurricanes rating environment. According to sources, the new (re)insurer will be called Lancashire – the county of Brindle’s birth – and will...
    03 November 2005
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