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  • But will hurricane make US landfall? Uncertainty still surrounds the potential impact on the insurance industry of Hurricane Ivan, the third major storm to hit the Caribbean in the space of a month.
  • Devastating S&P downgrade compounds troubles for Swiss Reinsurer following under-reserving revelation and share price collapse As the great and the good from the reinsurance industry converge at the annual Monte Carlo Reinsurance Rendez-Vous, the world
  • AM Best has affirmed the Syndicate Rating of “A” (Excellent) for Lloyd’s Syndicate 3000, while also affirming the Syndicate’s issuer credit rating of “a”, both with a stable outlook.
  • Lloyd’s syndicates, together with London based QBE International Insurance, filed suits last week against American and United Airlines, over losses they have paid out from the WTC attacks.
  • On 7 September Atrium Underwriting released its current trading statement on Syndicates 570 and 609, whose forecasts, it said, remained unchanged for 2002 and "improved" for 2003. It added that trading conditions had remained strong to date in 2004 and th
  • For Lloyd's insurer Beazley Group, which only started underwriting as a listed insurer in 2003, its most recent interims were an opportunity to showcase pre-tax profits of £22.2mn on gross written premiums of £394mn.
  • Bermudian (re)insurer has announced its intention to enter aviation insurance from 2005.
  • Bermuda’s (re)insurers continued to build their balance sheets in the second quarter on the back of another strong earnings period.
  • On the eve of the Lloyd’s insurers’ interim financial results, a leading insurance analyst has reminded investors that there is still merit in investing in the stocks for both capital gains and income.
  • The reinsurance intermediary Benfield Group is set to reverse the trend of staff departures by revealing that it has recruited a four strong, London based international casualty team from rival Aon Re.