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There are 68,983 results that match your search.68,983 results
  • Equitas optimistic despite asbestos boost
    Despite boosting asbestos reserves by £167mn, Lloyd's pre-1993 run-off vehicle Equitas heralded a year of progress which has left it in a stronger financial condition as it announced its financial results for the year ended 31 March 2005 today (7 June).
    07 June 2005
  • EU approves reinsurance directive
    The European Parliament has approved the reinsurance directive which paves the way for a regulatory level playing field for companies operating in Europe.
    07 June 2005
  • Advent’s stock rises on AIM debut
    Lloyd's reinsurer Advent Capital saw its share price rise by 7 percent on the first day of trading in the company’s stock on Friday, 3 June. Advent shares rose from their AIM debut of 35p to 37.5p, lifting the company’s market capitalisation to £82mn.
    06 June 2005
  • Swiss Re restructures into three components
    Reinsurance giant Swiss Re announced last week that it is streamlining its reporting structures into three units in a bid to focus on "profitable growth and the efficient use of capital".
    06 June 2005
  • Alea reassures on rates
    Alea will exit unprofitable business lines but has only seen rate reductions of 2 percent on average this year, the reinsurance group revealed last week in a trading statement that accompanied its annual general meeting.
    06 June 2005
  • Brit replaces Collins Stewart with new boutique
    Brit Insurance Holdings has replaced Collins Stewart as its joint house broker and corporate adviser, only days after the stockbroking firm’s chief executive became embroiled in a war of words with the Association of British Insurers (ABI).
    06 June 2005
  • General Re executive pleads guilty to criminal charges
    A senior executive at Berkshire Hathaway’s reinsurance subsidiary General Re has pleaded guilty to the charge of criminal conspiracy brought in relation to the company’s transaction with American International Group (AIG).
    06 June 2005
  • MMC Capital renamed Stone Point following MBO; Friedman rejoins
    Insurance private equity firm MMC Capital has rebranded as Stone Point Capital, following the completion of its management buy-out from MMC.
    06 June 2005
  • Insurers resist $2.1bn WTC demand
    Ten Lloyd’s syndicates, together with insurance companies, sued the Port Authority of New York and New Jersey last week over its claims that it is still owned $2.1bn from the WTC attacks.
    06 June 2005
  • Fitch stable on UK non-life sector
    Rating agency Fitch has suggested the UK non-life market should enjoy the good times while it can, warning that the improving fortunes of the sector in the last two financial years are unlikely to be sustained.
    06 June 2005
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