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There are 68,813 results that match your search.68,813 results
  • Lloyd's syndicates prepare to grow 2004 capacity
    Last week saw a rash of Lloyd’s syndicates announce plans to expand their 2004 capacity to capitalise on the current rating environment. Among the most notable proposals are Cathedral’s plans to increase capacity on its Syndicate 2010 by 25 percent to £20
    23 June 2003
  • PWC insists California boosts reserves
    The problems at the troubled California State Compensation Insurance Fund (SCIF) grew earlier this month with the revelation that its auditors want the Fund’s reserves boosted by $800mn. Already embroiled in an increasingly acrimonious dispute with the St
    23 June 2003
  • Moody's boost to Amlin and SVB
    The rating agency Moody’s Investors Service changed its outlook on Amlin’s Syndicate 2001 from stable to positive, paving the way for a potential upgrade later this year.
    23 June 2003
  • Natural Cats remain major threat
    European insurers are more concerned about natural catastrophes than the two events that have dogged the industry in recent years – terrorism and historic under-reserving.
    23 June 2003
  • AXIS Capital $3bn IPO
    The Marsh backed, Bermudian head-quartered insurer AXIS Capital will be valued at around $3bn – almost twice its 2001 start up capital – when it floats in New York later this year.
    16 June 2003
  • Moody’s boosts three Syndicates
    Ratings agency Moody’s has upgraded the outlook for Markel Syndicate 3000, Munich Re Syndicate 457, and Beazley Syndicates 623 and 2623.
    16 June 2003
  • Hannover acts to assay fears with EUR500mn capital boost
    Hannover Re, the world’s fifth largest reinsurer, has responded to concerns over its geared capital base by raising EUR500mn in two equity offers last week.
    16 June 2003
  • RBS adds Churchill to the stable
    Royal Bank of Scotland (RBS) increased its presence in the UK general insurance market last Wednesday, buying Churchill from rival banking group Credit Suisse in a £1.1bn deal.
    16 June 2003
  • Equitas boosts asbestos reserves by £400mn
    Total payouts fall, but shrinking surplus and deteriorating solvency margin as balance sheet weakens
    16 June 2003
  • Underwriters and coverholders bound to FSA regulations
    London market underwriters who hand over the pen and the coverholders who act under their binding authority in the UK should making ready for the raft of FSA regulations due to come in at the end of the next year. This was the advice from Richard Teff, pr
    16 June 2003
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