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Lloyd's considers new limited partnership
A new method for the remaining Names who are exposed to their last cufflink may be introduced as Lloyd's considers the merits of English limited liability partnerships.
01 February 2004
HSBC restructures into four units
London-based HSBC Insurance Brokers announced a restructuring on 2 March, with the creation of four core divisions reporting to chief executive Mike Dixon. The new structure sees Direct Client Solutions, International Solutions, Intermediary...
15 March 2006
Arch income up as investments perform strongly
Bermudian (re)insurer Arch Capital Group reported first quarter net income of $129.6mn - up from the $115.9mn earned in the corresponding period of 2005. Operating income rose more significantly, from $111.9mn in the first quarter of...
02 May 2006
HSBC restructures
London-based HSBC Insurance Brokers announced a restructuring last Wednesday (2 March), with four core divisions reporting to chief executive Mike Dixon. The new structure sees Direct Client Solutions, International Solutions, Intermediary Solutions...
06 March 2006
Partner Re estimates Algerian exposure
Bermudian reinsurer Partner Re has said claims relating to its exposure to last week’s explosion at Algeria’s largest liquefied natural gas (LNG) plant were expected to be between $27-30mn.
26 January 2004
Willis poaches JLT D&O team
Willis Group has confirmed that it has recruited a team of Jardine Lloyd Thompson's (JLT) Financial and Professional lines brokers led by Julian Martin, the recent leader of JLT's UK D&O team.
11 August 2006
Kanak resigns from AIG
World’s biggest insurer American International Group (AIG) may have to pay $10mn to executive vice chairman and chief operating officer Donald Kanak who is leaving the company at the end of the month, after less than a year in the role.
23 January 2006
Gupta leaves Kinnect
Ashok Gupta, the architect of the £50mn+ Lloyd’s sponsored Kinnect project,has been replaced, Lloyd’s revealed today (19 January).
19 January 2004
Lloyd’s cash calls
A total of seven different Lloyd’s syndicates have made cash calls, including Syndicate 271, Syndicate 506, Syndicate 744, Syndicate 957 and Syndicate 1101. The due date of the cash calls is 13 February.
19 January 2004
CNA announces third quarter net loss
CNA Financial Corporation has reported a third quarter net loss of $155mn. The group's net loss in the current quarter is due primarily to an estimated loss of $304mn after-tax ($468mn pretax), net of reinsurance, from the 11 September attacks and related
01 November 2001
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