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There are 68,317 results that match your search.68,317 results
  • GoshawK flies back into trouble
    Under-reserved, GoshawK’s Syndicate 102’s future is on a knife-edge... Embattled Lloyd's insurer GoshawK saw its share price tumble for the second time in three months as the company admitted it was under-reserved by an undisclosed amount. Following
    01 September 2003
  • Fortis to spin-off US insurance arm
    Belgo-Dutch insurer Fortis is set to spin-off its US insurance business in a 2004 New York Stock Exchange IPO that could value the business at around Eur4.2bn.
    01 September 2003
  • Lloyd’s reduces levies
    Capital providers at Lloyd's will see their fees reduced next year after the Society restructured the levies charged on each underwriting member. As predicted in the August edition of The Insider, Lloyd's will end the current 2 percent premium levy at
    01 September 2003
  • Higher US asbestos reserves spell trouble for London market
    UK insurers are being warned that increases in US reserves against asbestos-related claims could be a taster of things to come for the London market. The warning comes after news that US underwriters have bolstered their reserves for asbestos-related c
    01 September 2003
  • Munich Re fights back at downgrades, but continues to disappoint
    Giant German reinsurer Munich Re has rallied against rating agency Standard & Poor’s (S&P) after being downgraded from AA- to A+ with a stable outlook. In a statement, the world’s largest reinsurer by premium described the move as “unjustified” and founde
    01 September 2003
  • Swiss Re shows improvement
    Like its slightly larger German rival Munich Re, Swiss Re has been recently downgraded by S&P. But at least the reinsurer has reported improved half-year results, returning earnings of SFr691mn up from SFr118mn for the first six months of 2002.
    01 September 2003
  • SCOR struggles to replace Commercial Risk premiums
    French reinsurer SCOR has booked 18 percent less in gross written premiums in the first half of 2003 compared to the comparable period last year.
    01 September 2003
  • Collins Stewart launches libel action
    City stockbrokers Collins Stewart has threatened legal action against the Financial Times after the newspaper printed allegations of unsavoury business practices.
    01 September 2003
  • Omega expansion talks stalling
    Lloyd’s insurer Omega Underwriting Agents hopes of expansion have hit a stumbling block after seven weeks of negotiations with members’ agents proved inconclusive.
    01 September 2003
  • Company pensions - counting the cost
    Laptop looks at Lloyd’s and ILV pension deficits and questions the increasing actuarial control... Actuaries Lane, Clark and Peacock estimate that, out of the 90 companies in the FTSE-100 index, only 13 showed a surplus of assets over liabilities in th
    01 September 2003
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