Reinsurance
Top 20 spotlight - 20. XL Insurance
Top 100 UK Insurers
Atrium profits fall
Atrium Underwriting's six month pre-tx profits have fallen to £7.9m (30 June 2005: £13.7m).
Catlin unit launches cat bond
Catlin Group has announced that Catlin Insurance Company of Bermuda intends, subject to completion of contractual arrangements, to enter a catastrophe swap agreement that would provide it with coverage of up to $200.25m in the event of a series of severe…
Moody’s updates rating methodology for financial guaranty insurance sector
Moody's Investors Service has released an updated rating methodology for the Financial Guaranty Insurance sector.
Aon Re poaches Fac boss from Benfield
Aon Re Global has announced that Elliot Richardson will be head of its global cedant facultative reinsurance activities.
Bermuda firm launches Lloyd's investment vehicle
An investment vehicle is being established by Syncro, a Bermuda based company, to allow Lloyd’s managing agencies to increase their underwriting access to additional capacity at any point in the underwriting year.
Omega Underwriting plans for moving company
Lloyd's and Bermuda reinsurer Omega Underwriting has followed Hiscox by announcing plans to move its...
Tax system is a threat to UK industry
In the past few days, Hiscox and Omega have announced their intentions to move their domicile to Ber...
Hastings-Bass to leave JLT
John Hastings-Bass, chairman of Jardine Lloyd Thompson's international retail broking operations, wi...
Penny Black's insurance week
Penny works with some strange people, who have even stranger fetishes, but none are quite as bizarre...
Lancashire brings in non-exec
London-listed Bermudian start-up Lancashire has announced the appointment of Martin Nicholas Caleb Thomas as a non-executive director.
Omega latest Lloyd’s player to redomicile to Bermuda
Lloyd’s and Bermuda (re)insurer Omega Underwriting today announced much improved 1st half results and has revealed that it is planning to redomicile its parent company to Bermuda as well as setting up a small direct US operation funded by a £35m placing…
Lloyd's seven ready to go
London Market News
Broker counters property team loss with acquisition
Erinaceous has moved swiftly to counter the loss of one-third of its residential property team (PM, ...
Lancashire Insurance obtains authorisation
London Market News
Oxygen Insurance Brokers announces new launch
London Market News
Penny Black's insurance week
Penny is happy to report that the 50th anniversary of the Monte Carlo Rendezvous was blessed with th...
Berkshire and CV Starr launch new syndicate 1919
Lloyd's has approved a new aviation, energy and marine syndicate, 1919, to be managed by Marlborough Underwriting Agency and capitalised by CV Starr. Approval was granted last Friday, 8 September.
Bonnar and Beaton leave Aspen
Aspen Insurance announced today that Nick Bonnar, head of specialty, and Ian Beaton, head of insurance, have resigned to take up new positions in the industry.
Oxygen enters reinsurance market
Oxygen Insurance Brokers has announced the launch of Oxygen Re.
RI3K launches new trading system
Electronic trading service RI3K has announced a new version of its trading system in Monte Carlo.
Guy Carp sees Cat rates online up 76% in the US
Reinsurance broker Guy Carpenter has announced that its world rate on line (ROL) average index increased by 32% in 2006, fuelled by rate rises of 76% in the US.
Lancashire receives FSA authorisation
Lancashire Insurance Company (UK) has obtained authorisation from the Financial Services Authority to commence underwriting.
Catlin claims record half year results
Catlin Group has announced what it described as ‘record’ net income for the six months ended 30 June 2006.