September 2004/1

Interim profits up for Continental giants as recent troubles turned around... SCOR shows further improvement French reinsurer SCOR appears to be making some progress along the path of recovery as it reported improved half-year figures on 26 August and

Lloyd's insurer SVB suffered a 25 percent share price fall as it revealed further deterioration from its US legacy exposures. But the company responded by creating a £103mn plc level reserve fund which, it hopes, will reassure the City of its reserve a

Lower than predicted wind speeds and a benign track appear to have mitigated the loss scenario of Hurricane Frances, the second major hurricane to hit the state of Florida in a month. The hurricane, which had been billed as the most powerful and potent

Reinsurance brokers are often wont to compare themselves to investment bankers and, in London this year, they have been performing one of the favoured banking traits of financiers - transferring from one employer to another. In particular, it seems the

In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.