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There are 68,988 results that match your search.68,988 results
  • 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
  • Brokers praise Lloyd’s progress
    Leading (re)insurance brokers Willis and Guy Carpenter have released reports praising recent progress at Lloyd’s in what was a challenging year for the industry.
    06 June 2005
  • S&P lowers AIG to 'AA'
    US insurer AIG has had its long-term counterparty credit and senior debt ratings lowered to "AA" from "AA+" by Standard & Poor's (S&P).
    06 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
  • 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
  • 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
  • English LLPs given green light at Lloyd’s
    Lloyd’s investors will have a new method of underwriting at Lloyd’s from next year with news that the Treasury has approved the use of English Limited Liability Partnerships.
    06 June 2005
  • Catlin downgraded as legal expenses exposures deteriorate
    Lloyd's insurer Catlin has had its issuer credit rating on its Syndicate 2003 downgraded from "a+" to "a" by rating agency AM Best partly over fears of further deterioration on the group’s exposure to legal expenses.
    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
  • 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
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