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Flagstone gets go-ahead for Dubai operation
“Class of 2005” reinsurer Flagstone Re has been given the green light for its Middle Eastern operation, which will be based in Dubai.
15 October 2007
Munich Re highlights Megacity risk ahead of Kobe anniversary
German reinsurer Munich Re has called for more risk awareness and transparency in terms of loss potentials and liabilities in the world’s largest cities.
17 January 2005
Hiscox names Dupplin as Bermuda chief
Hiscox has named a successor to Rob Childs as chief executive of its Bermudian subsidiary with the appointment of Charles Dupplin, currently chairman of the Lloyd’s insurer’s Art and Private Client division and director of Mergers and Acquisitions
27 February 2009
London market looks at Hull wordings
The Joint Hull Committee, a London market initiative representing hull underwriters from Lloyd’s and the companies market, has begun a review of the International Hull clauses launched last November.
16 June 2003
Insurance stocks fall following London terror attacks
Share prices in Lloyd's (re)insurers have fallen sharply in response to the explosions which rocked London this morning.
07 July 2005
Record net operating income at RenRe
The positive first quarter for Bermudian reinsurers continued when RenaissanceRe posted a record net operating income of $195.7mn, or $2.73 per share, up from $54.5mn, or $0.76 per share last year.
04 May 2006
Kyrill may trigger Munich Re cat bond: S&P
The European windstorm Kyrill may trigger Munich Re’s EUR110mn cat bond, Aiolos, as the reinsurer announced last week that its losses from the storm may be in the region of EUR600mn.
29 January 2007
Arch enters sidecar deal with Flatiron Re
Bermudian Arch has become the latest (re)insurer to enter into a sidecar arrangement following the establishment of Flatiron Re, which has itself become the first vehicle of its kind to be rated by Standard & Poor’s (S&P).
09 January 2006
UK solvent schemes given boost with M&G Re decision
Supporters of UK solvent schemes of arrangement were encouraged by a Scottish Court’s decision to sanction the M&G Re scheme last Thursday (1 September).
05 September 2005
BLG litigation team defects to Mayer Brown
The Barlow Lyde & Gilbert’s (BLG) commercial litigation team that worked on the defence of Equitable Life’s £2.6bn claim against Ernst & Young is leaving the firm to join rivals Mayer Brown.
08 October 2007
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