Lloyd’s/London
Jubilee makes personal lines rallying call
Lloyd's insurer Jubilee has called for action to secure the future for personal lines operators in t...
LMA online green light
The Lloyd's Market Association has announced online functionality for submission of wordings to the ...
Chaucer profits grow seven-fold
Chaucer Holdings has impressed analysts with record pre-tax profits of £86m for 2006, almost seven times higher than for 2005.
LMA holds summit over potential Lloyd's exodus
The new boss of the Lloyd's Market Association has called a summit of the personal lines operators i...
Finding the right level
Interview: Dave Gittings
Catlin grosses £134.1m
Lloyd's newest top dog Catlin reported income before tax of £134.1m (2005: £10.2m), on gross written...
Bermuda flight for Kiln
Lloyd's insurer Kiln has announced proposals for a new Bermudian domiciled holding company for the K...
Tokio Marine sets up life reinsurance operation on Isle of Man
Millea, Japanese parent company of Tokio Marine, has teamed up with JP Morgan to form an Isle of Man-domiciled sidecar writing annuity reinsurance business for the benefit of its Tokio Marine & Nichido Financial Life company.
CII members mentor Prince's Trust youngsters
Eight Chartered Insurance Institute members have been recruited to work with The Prince's Trust char...
Discarding paper
ECF: A User's Perspective
'SCORverium' merger deal stacks up financially, claims analyst
A leading analyst has described the possible tie-up of European reinsurers SCOR and Converium as bei...
Converium stands firm on takeover bid
Converium bosses firmly rebuffed a takeover bid by French rivals Scor during the early announcement of their 2006 results.
Staking a claim
ROUNDTABLE — LONDON MARKET CLAIMS
Montpelier Re writes 23% less in “transitional” 2006
Bermudian reinsurer Montpelier Re has reported comprehensive income for the year ended December 31, 2006 of $362m on a combined ratio of 60%.
ZFS expects £770m profit
With the annual results season only weeks away, City investment bank Keefe Bruyette and Woods has is...
Hiscox moves into Asbestos indemnity
Hiscox has made its first foray into providing a professional indemnity scheme for asbestos inspecto...
Swiss Re retains 70% of GE business at 1/1
Global reinsurer Swiss Re has said it grew its non-life reinsurance portfolio by 14% in Swiss Franc terms over the 1/1 renewal season as it retained 70% of the GE Insurance Solutions non-life treaty business it acquired back in June 2005.
Hedge fund recovery boosts Max Re full-year, CFO to retire
Bermudian (re)insurer Max re has reported record net income of $216.9m for the full-year 2006, compared to $9.5m a year earlier.
Web-based Easy Placement launches
Easy Placement, a web-based software programme that enables brokers to communicate with underwriters over the Internet is launched today by Web Connectivity, the provider of standards-based messaging software for the commercial insurance industry, and…
Excellent year for XL
XL had an “excellent year” in 2006 according to analysts, following its announcement of record profits.
Partner Re smashes estimates in “tremendous” year
Bermudian (re)insurer Partner Re has posted net income of $242.7 million for the fourth quarter of 2006 and net income of $749.3 million for the full year, producing an operating return on equity of 26%.
London market hails electronic success
Upgrades to the recently-launched electronic processing system at Lloyd's could mark the final nail in coffin for paper dockets.
Recruitment moves
Re-sume