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  • 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
  • With the majority of interims published, Lloyd’s insurers are prospering as they unveil “market leading” combined ratios. Despite stiff competition, the current winner is Kiln Amlin: beats consensus with strong interims The second largest quoted Llo
  • Crédit Lyonnais has announced that it has reached agreement with the United States Attorney's Office to settle a long running investigation into the French bank's 1991 acquisition of Los Angeles-based Executive Life Insurance Company. In a statement po
  • Against the backdrop of US tort reform, some US insurers are lobbying to increase Equitas' burden of asbestos claims, warned Equitas’ new chief executive Scott Moser this month. Speaking at Equitas' annual meeting on 12 September, Moser applauded the
  • Lowered LSAs reflect poor performance and pipeline losses In the second yearly review of its Lloyds Syndicates Assessments (LSAs), rating agency Standard & Poor's has lowered its assessments on 10 syndicates and raised two, reflecting on the “poor oper
  • 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
  • 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.
  • Premiums increases for professional indemnity for solicitors and law firms are beginning to level out over the past year, according to Aon Professional Risks (APR).
  • HLF Group is continuing to attract senior new executives and expand overseas despite the recent uncertainties caused by take-over talks with Marsh.
  • Lloyd’s insurer Omega Underwriting Agents hopes of expansion have hit a stumbling block after seven weeks of negotiations with members’ agents proved inconclusive.