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There are 68,813 results that match your search.68,813 results
  • Spitzer enemies encouraged by double blow
    For those in the insurance industry who shudder at the very mention of his name, some satisfaction may be gleaned from New York attorney general Eliot Spitzer’s double defeats last week. On 13 October 2005 – on the eve of the anniversary of his...
    17 October 2005
  • Morgan Stanley raises spectre of inadequate reinsurer loss estimates
    Analysts at Morgan Stanley have highlighted concerns that (re)insurers have under-estimated their losses from 2005’s unprecedented hurricane season. In a research note released on 13 October, Morgan Stanley analyst William Wilt observed that...
    17 October 2005
  • GoshawK falls toward run-off
    GoshawK is set to become the first corporate victim from Hurricane Katrina and Rita’s insurance losses when the UK quoted company confirmed this morning that it is likely to go into run-off. The insurer – which after the demise of its Lloyd’s...
    17 October 2005
  • Kiln predicts 12.5% average rate rises after hurricanes
    Following the impact of 2005’s devastating hurricane season, Lloyd’s insurers are preparing to take advantage of expected rate rises next year, according to announcements made on 12 October. Kiln, which has already pre-empted its 2006 capacity to...
    17 October 2005
  • GoshawK falls towards run-off
    GoshawK is set to become the first corporate insurance victim from 2005’s devastating hurricane season after the UK quoted company confirmed this morning (17 October) that it is likely to go into run-off. The insurer – which after the demise of its...
    17 October 2005
  • Glacier Re prepares for climbing rates with $100mn fund raising
    Recently formed reinsurer Glacier Re announced this morning (17 October) the successful raising of $100mn from a common stock issue, increasing underwriting capital in response to “favourable market conditions” following Hurricanes Katrina and Rita.
    17 October 2005
  • GE consolidates in South East Asia
    GE Insurance has announced the merging of its South East Asian operations within its Singapore office with the Malaysian being placed into run-off immediately. The move is part of a business restructure and the Singapore office will handle all...
    17 October 2005
  • Brown retires from Kiln board
    Professional Indemnity veteran Reg Brown has retired from the board of Lloyd’s insurer Kiln plc with immediate effect. In an announcement to the London Stock Exchange today, Kiln’s chairman Nick Cosh explained: “Some months ago Reg indicated his wish..
    17 October 2005
  • Businesses overlooking benefits of risk management
    Risk is being underestimated and ignored in boardrooms around the world, leaving many organisations in danger from unforeseen hazards, in an increasingly risk-filled world. That was the overwhelming message from a survey, “Taking Risk on Board”,...
    17 October 2005
  • Prettejohn rolls out contract certainty guidelines
    In his capacity as Market Reform Group (MRG) chairman, Lloyd’s outgoing CEO Nick Prettejohn has written to the London market outlining the next practical steps to be taken toward achieving contract certainty.
    17 October 2005
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