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There are 68,281 results that match your search.68,281 results
  • Mixed messages on Trenwick MBO
    Despite revelations that Trenwick Managing Agency (TMA) is confident of securing financing to prevent Syndicate 839 sliding into run-off, the rating agency Moody's has downgraded its performance rating on TMA’s $500mn capacity syndicate to C (below averag
    01 June 2003
  • GoshawK unconcerned about The Accident
    Lloyd’s insurer GoshawK believes the demise of the UK personal injury firm The Accident Group (TAG) will have little impact on its earnings. According to a company spokesman, GoshawK was one of a number of London market insurers to provide After the Ev
    01 June 2003
  • Aon 77 set for trial if mediation fails
    Unless an 11th hour settlement can be struck through the current mediation, the controversial Aon 77 dispute will proceed to trial in the UK High Court on the 27 October. At time of going to press, the parties exposed to the giant energy claim are continu
    01 June 2003
  • QQS on the way out? - Tolle gets tough on Qualifying Quota Share reinsurance
    With the recent news that the Lloyd's Franchise Board is considering cutting Qualifying Quota Share (QQS) allowances to 10 percent of stamp, managing agents are being forced to reconsider their business plans and capacity requirements. Currently, 2003
    01 June 2003
  • 2002 bright for Brit, 2003 better
    Lloyd's insurer Brit expects to write upwards of £1.15bn total gross premium income in 2003 after strong 2003 renewals and new business flow in the first few months of the year. This projection is based largely on its recent all-paper acquisition of PRI (
    01 June 2003
  • Agents cautious on proposed Chaucer
    Lloyd's (re)insurer Chaucer's plans to merge its syndicates 587, 1084 and 1096 into one have met with a mixed reception. The move, initially announced in Chaucer's prospectus for its recent successful £42mn placing and open offer (see Insider Week 65)
    01 June 2003
  • Lloyd’s picks Kellett in Central Fund dispute
    Lloyd’s have appointed veteran reinsurance underwriter Bryan Kellett to represent its interests in the forthcoming Central Fund reinsurance arbitration dispute against Swiss Re.
    01 June 2003
  • WRB Insurance to begin trading
    WRB Insurance, a new £80mn capitalised UK liability insurer headed by former ACE professional indemnity underwriter Stuart Wright, will begin trading early July providing fresh capacity to a stretched sector. WRB Insurance, which is majority owned by U
    01 June 2003
  • Europe fights for reduced US collateral demands
    A tit-for-tat letter exchange has ensued between European reinsurers and their US (re)insurance counterparts as the ground is fought out to establish the way ahead for collateral requirements of so-called "alien reinsurers" operating in the US marketplace
    01 June 2003
  • Heritage to launch new UK liability syndicate
    Heritage is set to capitalise on the improved rating environment for UK liability by spinning off a new Lloyd's Syndicate from their existing operations, The Insider can reveal.
    01 June 2003
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