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There are 68,317 results that match your search.68,317 results
  • Munich Re plots fundraising in light of shock
    Munich Re executives met with London based analysts and fund managers earlier this month as the reinsurer sought to reassure the City in the light of its shock downgrade by rating agency Standard & Poor's. In August, Munich Re suffered the humiliatio
    01 September 2003
  • Illium set to launch as Agents back liability start-up
    Recently announced Lloyd's liability start-up Illium Syndicate 4040 is on the fast track to making its underwriting debut after deciding to buy a majority stake in the existing Lloyd's managing agency of run-off specialist Omni Whittington. Illium will
    01 September 2003
  • Moody’s: Lloyd’s to make £3.7bn in 02/03
    Rating agency Moody’s believes the current benign trading conditions will see Lloyd’s return a profit of £3.7bn for the 2002 and 2003 years of account. Moody’s has increased its forecast for 2002 to £1.9bn - the equivalent of 14.5 percent of capacity -
    01 September 2003
  • Omega IPO remains distant as agents stall on expansion
    The expansion of Omega Underwriting Agents from a small Lloyd's managing agency into an insurance group that could even consider an IPO remains on a knife-edge. Omega has submitted to Lloyd's and had initial approval for plans which would see the Agenc
    01 September 2003
  • Hardy improves 2001 profit forecasts
    Releases from prior year loss reserves have helped Hardy Underwriting Ltd improve its profit estimates on the 2001 year of its Lloyd’s Syndicate 382.
    26 August 2003
  • Kiln also upbeat
    Kiln became the latest Lloyd’s insurer to paint an attractive picture of 2002’s prospects when unveiling its syndicate forecasts this morning (26 August).
    26 August 2003
  • Hiscox resolves WTC cloud - But may have to weather criticism that it manipulated WTC figures…
    Quoted Lloyd’s insurer Hiscox plc announced bullish trading figures last week and took the opportunity to resolve the growing uncertainty over its World Trade Center provisions.
    26 August 2003
  • US Blackout figures
    Despite continuing optimism that the North American power blackout on 14 August will not lead to major industry exposures, losses are still likely to breach the technical threshold of $25mn for a catastrophe.
    26 August 2003
  • Sovereign positive despite Argentinian claims
    Sovereign Risk Insurance Ltd, the political risk insurer set up as a joint venture between Bermudian giants ACE Ltd and XL Capital Ltd, revealed net written premiums of $48.6mn (GWP $60.5mn) for the year ending 30 June 2003.
    26 August 2003
  • Insurers lose marathon breast implant case
    After an eight-year dispute with claimant Minnesota Mining & Manufacturing (3M), insurers lost a $250mn legal battle over liability associated with silicone gel breast implants.
    26 August 2003
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