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  • Over the last five loss making years Lloyd’s lost around £6.9bn, yet it generously paid out £7.9bn over the same period in brokerage commissions for the privilege of writing the business. These sobering figures, compiled by The Insider’s analysis of Lloyd
  • Impressive turn-around in 2002 but 2000 yr figures deteriorate beyond £2bn mark Last month, The Insider’s analysis of the early 2000 results suggested that 11th quarter forecasts were unlikely to deviate significantly enough to push the loss for the y
  • US Directors & Officers cover is returning to Lloyd's after an almost complete withdrawal 18 months ago. Beazley is in negotiations to put together a $10mn Lloyd's facility in conjunction with other underwriters thought to include Hiscox. Beazley recently
  • Lloyd's was lauded in some quarters at the beginning of the month; praised for a record return to profit after years of losses, congratulated for its peer beating combined ratio, and bandied about as a unique performer in an otherwise depressed industry.
  • Despite impressive underwriting results, doubts continue over Hannover Re’s stretched capital base, rating downgrades and heavy reinsurance exposures Poor Hannover Re. The world's fifth largest reinsurer declares a healthy profit, out-performs its pee
  • Shareholder backed Brit the only bidder after breaking PRI board’s resolve The board of UK insurer PRI finally succumbed to the weight of Brit pressure on 17 April when it agreed to recommend the insurer’s all share offer to its shareholders. Approval
  • Buffett blast derives credit and criticism. Should (re)insurance investors be concerned? When the Sage of Omaha sounds a warning signal, the insurance world usually tunes in. So when Warren Buffett wrote his annual letter to Berkshire Hathaway shar
  • AXIS Capital has joined the growing list of Bermudian operators seeking to list on the New York Stock Exchange.
  • The Insurance Insider can confirm that space insurers have received six claims for constructive total loss amounting to more than $1.6bn as a result of Boeing telecommunications satellites found to have a shorter than expected lifespan. As revealed in
  • Lloyd's Names are being asked to pay £75.00 to join an action group that will investigate the possibility of alleged mis-selling by Names' stop loss mutual Integer. The newly formed Stop Loss Recovery Group is canvassing Names who purchased stop loss i