Lloyd’s/London
Aspen third quarter net profit rises
Aspen, the Bermudian (re)insurer, said that third quarter net profit was $144.7m, compared to a net loss after tax of $126.1m for the third quarter last year.
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Last year's amendment of the Lloyd's Act 1982 was meant to pave the way for those brokers in the non-accredited regional community to do business in the London market. But, reports Edward Murray, the take-up of entry has been slow.
The front line of the market
At the forefront of international insurance, EC3 brokers are exposed to the buffetting that goes on here, James Simpson reports on the sector over the past 12 months.
Graduate gains: staying on top
Oversubscription does not equate to complacency on Lloyd's graduate recruitment scheme. Terry Hayday details developments designed to ensure top talent keeps on coming.
About turn
As the traditional end to the North Atlantic hurricane season draws to a close, Ralph Savage reflects on a year in which certain markets did an about-face and turned their backs on each other.
Hampden Agencies helped by Lloyd's results
Hampden Agencies has said that the current good results for Lloyd's has helped trading.
Baden Baden: Rates to remain 'broadly stable'
A senior Lloyd's reinsurance buyer has said he expects rates to remain 'broadly stable'.
Ace continues reinsurer third quarter charge
Ace continued a massive improvement in reinsurers' third quarter results with a strong three month period.
Renaissance Re net income surges
Renaissance Re, the Bermudian (re)insurer, said that third quarter net income rose to $258.6m from a loss of around $230m this time last year.
Aon Benfield: Climate looking 'rosy' for renewals
A senior executive at Aon Benfield has said that the climate looks ‘rosy’ for renewals at the Baden-Baden reinsurance conference.
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Connecticut regulators settle with The Hartford
Attorney General Richard Blumenthal today announced a $1.3m settlement with The Hartford Financial Services Group over anticompetitive practices.
WR Berkeley posts third quarter gains
US (re)insurer today reported net income for the third quarter of 2009 of $98m compared with a net loss of $28m for the third quarter of 2008.
Willis' net income more than doubles
Broking giant saw profits continue to improve, with net income jumping to $81m from $38m in the same period last year.
Partner Re continues to improve in third quarter
PartnerRe reported net income of $566.7m, or $9.44 per share on a fully diluted basis for the third quarter of 2009 - a huge swing from losses this time last year.
Arch reports surge in third quarter net income
Bermudian (re)insurer reports much-improved third quarter results.
Mapfre records third quarter net profit up nearly 4%
Spanish reinsurer sees third quarter profit grow.
Lloyd's capital up 'significantly' in 2009
The capital position of Lloyd’s of London increased significantly during the first half of 2009, due to improved conditions in the investment markets and the advent of new capacity, according to Aon Benfield’s latest research report released today.
Insurers mastering financial crisis, says Munich Re
Insurers have mastered the financial crisis comparatively well so far, say senior executives at Munich Re and Guy Carpenter
Lloyd's broker in business shake up
RFIB reorganises marine and non-marine divisions under new CEO Marshall King.
Willis begin search for Regan's replacement
Chair Plumeri insists right candidate will take firm "to the next level".
Aviva raids Willis for CFO
Patrick Regan joins next year.