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There are 68,963 results that match your search.68,963 results
  • 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
  • Chaucer: 2003 gets better, 2004 gets worse
    Lloyd’s listed insurer Chaucer published its latest quarterly syndicate forecasts for the 2003 and 2004 years of account last Friday (25 November) revealing improvement on 2003 alongside a 15 percent increase in its total underwriting interests...
    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
  • AM Best puts Swiss Re on review ahead of GE deal
    AM Best joined its rivals in putting the ratings of Swiss Re under review with negative implications following the giant reinsurer’s move to buy up the reinsurance operations of US conglomerate General Electric. In an 18 November statement, the...
    28 November 2005
  • Greenberg receives fillip as Spitzer will not pursue criminal charges
    Maurice “Hank” Greenberg received a welcome Thanksgiving present last week when New York Attorney General Eliot Spitzer confirmed that he would not pursue criminal charges against the former American International Group chief executive.
    28 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
  • 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
  • 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
  • Quanta parts company with chief executive
    Bermudian headquartered Quanta Capital Holdings has parted company with its founding chief executive Tobey Russ.
    22 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
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