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There are 68,813 results that match your search.68,813 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
  • 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
  • Liability paints a mixed picture - UK Government gives cheer to insurers, but litigiousness is spreading to the Continent
    The pricing of professional indemnity risks continues to be an art form as underwriters work against a backdrop of litigation trends and unpredictable Government intervention. But delegates attending Aon's 2 June liability seminar “The Global Landscape
    01 June 2003
  • An open problem - If Lloyd’s is serious about attracting new investors then it needs to resolve the problem of open years. Laptop analyses the issues
    In the early 1980s, when Lloyd's recruitment drive signed up thousands of new members, little mention was made of open years. Yet twice since, as the underwriting cycle bottomed out, open years have become a millstone around the necks of capital providers
    01 June 2003
  • Arch expands D&O with Chubb appointment
    Arch Capital Group has recruited the former Chubb D&O specialist Ralph E. Jones III to lead its challenge into the US professional indemnity sector. Jones will join on the 1 July as the president and chief executive officer of Arch's US Insurance arm,
    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
  • Evan Greenberg dealt ACE by Duperreault
    ACE Ltd’s chief executive Brian Duperreault has sent a strong signal over his preferred successor with the appointment of Hank Greenberg’s son Evan to the post of ACE’s president and chief operating officer.
    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
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