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There are 68,813 results that match your search.68,813 results
  • Brit considers legal action over Pri swoops
    Lloyd's insurer Brit is considering legal action against rival Abacus Syndicates Management over the recruitment of former PRI Ltd staff, the liability insurer acquired by Brit earlier this year for around £173mn. As first revealed in issue 81 of The I
    01 September 2003
  • Year’s largest rights issue for R&SA
    There was increased speculation over the weekend that the UK’s second largest domestic non-life insurer, Royal & Sun Alliance (R&SA), will launch a rights issue later this week.
    01 September 2003
  • Members’ Agents still split on Chaucer
    Despite last month’s decision by Lloyd’s to approve Chaucer’s syndicate merger plans, it seems the fiery response from elements of the Members' Agents has yet to be doused.
    01 September 2003
  • Broker M&A set to return
    Waning market share, slower premium rises and fiercer competition among smaller businesses: all are cited as catalysts for a mooted increase in broker M&A Consolidation among brokers is set to increase, according to new analysis by investment bank Morg
    01 September 2003
  • CIC returns to London
    New entrant with an interesting past offers EL insurance to the London Market... After the demise of the likes of Independent and The Underwriter, it was inevitable that soaring professional indemnity rates would attract new players into a market where
    01 September 2003
  • SCOR downgrade to test credit worthiness
    Following AM Best’s decision to downgrade SCOR to B++ this month, the French reinsurer goes into the key renewal season with its rating below the critical A- from the major agencies.
    01 September 2003
  • 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
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