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Moody’s delivers new Converium warning

Moody's Investors Service has announced that it has placed the IFSRs of Converium and Converium Rueckversicherung (Deutschland) on review for possible downgrade.

Twenty-year claims low for London Club

The London P&I Club has announced that its level of claims for the 2003/4 year of account was down by fourteen per cent on the previous year.

Ivan approaches US Gulf coast

Risk Management Solutions (RMS) has said that insured losses in the US could range from $4 to $10bn if Hurricane Ivan follows the latest meteorological forecasts.

LMP processes making headway

Iain Saville, head of business process reform at Lloyd's, today welcomed further progress made in LMP slip quality. But he warned that more needed to be done for the market to achieve the slip quality target of 95% by the end of the year.

Cox review sees closures and prospective sale

Lloyd’s motor insurer Cox today reported a £13.7m profit on ordinary activities for the six months ended 30 June, down from £28.3m in 2003. It also announced the reults of a review which will see it discontinue its premium financing arm (Can Do Finance),…

Giles targets PI sector

Broker Giles this week announced its first professional indemnity acquisition as it plans to triple ...

Events

20 - 21 September Institute of Risk Management 2004 risk forum Keele University, Staffordshire w...

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