Lloyd’s/London
Chaucer in support role
Lloyd's insurer Chaucer has exchanged agreements with Quanta Capital Holdings and the senior underwr...
Turn back time
Lloyd's: new syndicates
News - QBE launches new aviation syndicate a month early
QBE opened its new aviation syndicate, Syndicate 5555, for business in September 2006, one month ahe...
News focus - JLT in controversy over Olympic contract win
The UK's Olympic delivery authority for the London 2012 games has officially appointed Jardine Lloyd...
News focus - KBW considers significance of potential Willis-Marsh merger
With recent news reports that Willis Group Holdings (WSH) and Kohlberg Kravis Roberts (KKR) made an ...
Converium gets approval for retakaful licence for Malaysia
Converium has received the approval of the Malaysian Labuan Offshore Financial Services Authority (L...
News - JLT completes US sale to Alliant
UK-based international broker Jardine Lloyd Thompson (JLT) has confirmed that the sale of its US pro...
JLT completes £100m US sale
Jardine Lloyd Thompson has confirmed that the sale of its US-based property and casualty (P&C) insur...
Why the Market has hit the tipping point
Inside view
RenRe risk appetite rewarded with 'stellar' 3Q
Bermudian reinsurer Renaissance Re has reported net income of $251.1m in the third quarter of 2006 compared to a net loss of $287.3 m for the same quarter of 2005. Renaissance said the results benefited from light insured catastrophe loss activity…
Solid 3Q for Axis
Bermudian (re)insurer Axis Capital has reported net income $226.2m, for the quarter ended September 30, 2006, compared with a net loss of $468.1 m for the same quarter in 2005.
Quiddington quits Lloyd's
Steve Quiddington, director of operations at Lloyd's has left the corporation. Mr Quiddington originally joined Lloyd's in 2000 and a was a former director of strategy for National Westminster Bank.
Chaucer to open new managing agency
Chaucer has exchanged agreements with Quanta Capital Holdings and the senior underwriting team of Syndicate 4000 to establish Pembroke Managing Agency to manage Lloyd’s Syndicate 4000.
Appointment at Stewarts
Stewarts has appointed James Healy-Pratt as a partner and head of its aviation department. He will j...
RSA looks to benefit from £180m broker buy
Royal and Sun Alliance is set to be one of the main beneficiaries if Towergate is successful in its ...
Swinton acquires Merseyside specialist Insurance Broker
Swinton Group has purchased Graysons Insurance Consultants Ltd, an Merseyside based broker specialising in insurance for taxis and private hire vehicles with branches in Liverpool, Widnes and Wirral.
XL posts solid third quarter
Global (re)insurer XL Capital has reported net third quarter income of $415.8m set against a net loss of $1,049.2 million for the Katrina and Rita affected third quarter in 2005.
RGA ahead at 3Q
Specialist life reinsurer, Reinsurance group of America (RGA) has reported net income for the third quarter of $74.0m compared to $67.6m in the prior-year quarter.
Platinum releases 3Q results
Platinum Underwriters Holdings has reported net income of $84.9m for the quarter ended September 30, 2006.
Endurance Worldwide in internal treaty promotions
Endurance Worldwide Insurance (EWIL), the UK subsidiary of Bermudian (re)insurer Endurance Specialty, has created two new senior positions in its treaty department.
Jardine Lloyd Thompson in £53.2m Alliant deal
Jardine Lloyd Thompson confirmed the sale of its US-based business to Alliant Insurance Services thi...
Converium in clean break from US with $295m Berkshire deal
Zurich-based reinsurer Converium has signed a definitive agreement to sell its North American operations to Berkshire Hathaway subsidiary, National Indemnity, for $295m, comprising $95m in cash and $200m in assumption of debt.
A Talent initiative first
The Chartered Insurance Institute's industry-led programme is claimed as the first talent initiative...
Is insurance actually interesting?
Insurance is often accused of people dull - yet why do so many people who fall into the sector, actually stay?