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There are 68,964 results that match your search.68,964 results
  • Hurricane chaos leads to first withdrawals from market
    Bermudian reinsurer Quanta, and Lloyd’s vehicles Kiln and Watkins Syndicate 457 are among the first in what is likely to be a growing list of (re)insurers withdrawing from selected lines of business for at least part of the remainder of 2005.
    10 October 2005
  • Cavell to host inaugural US Rendez-Vous
    The US commutation Rendez-Vous - organised by the UK run-off firm Cavell and the US run-off association AIRROC - looks set to attract more than 200 delegates to its inaugural event later this month in New Jersey.
    10 October 2005
  • Solvent schemes boosted by DAP and Reliance decisions
    Supporters of solvent schemes of arrangement have received a series of welcome boosts following July’s High Court refusal to approve the British Aviation Insurance Company (BAIC) scheme, citing concerns that some policyholders were not being given...
    10 October 2005
  • RenaissanceRe under ratings watch
    Troubles mount as company receives Wells Notice AM Best has placed Bermudian reinsurer RenaissanceRe and its subsidiaries under review with negative implications for financial strength and debt ratings.
    10 October 2005
  • Alleged Pender fraud laid bare
    Cable & Wireless captive was ‘surrounded in secrecy and protected by lies’ Allegations of fraud, conspiracy and obfuscation were laid out in the Royal Courts of Justice earlier this month with opening submissions by telecommunications firm...
    10 October 2005
  • Rita cuts swathe through Gulf of Mexico energy assets
    Energy losses as a result of Hurricane Rita are set to be much higher than initially expected according to industry experts. The storm, which at its peak reached category five, blew into the Gulf of Mexico (GOM) on 22-24 September, threading a path...
    10 October 2005
  • Dawson’s presence felt at Kinnect
    But legacy of past errors weighs on project’s future Former Cox CEO Michael Dawson has made his presence felt as acting chairman of Kinnect almost immediately, releasing a missive to the market on 4 October in which he lays out a new vision for the...
    10 October 2005
  • Aon UK to cut up to 750 jobs
    Aon UK has confirmed that it is to lose up to 750 jobs in a major restructuring of its Risk Services and Specialty divisions. As revealed by Insider Week on 26 September, the broker is to place its employees into “consultation” which is expected to...
    10 October 2005
  • Katrina losses continue to rise
    The Property Claim Services unit of the Insurance Services Office has released its estimate of insured losses incurred as a result of Hurricane Katrina at approximately $34.4bn, making it the most expensive catastrophe ever for US property/casualty...
    10 October 2005
  • CBS restructures novel investment fund after capital raising short-fall
    Lloyd’s members’ agency CBS Private Capital has decided to restructure its new investment fund Insurance Capital Partners (ICP) after failing to excite sufficient investor interest. Launched with much fanfair this summer, Insurance Capital Partners...
    10 October 2005
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