Reinsurance
Lloyd's Overview - Keeping in shape
Top 100 UK Insurers
Advent confident over 2006 capacity
Lloyd's managing agent Advent Underwriting is confident its stated £153m capacity for 2006 will suf...
Top five brokers keep grip on London market
After a year of turmoil, the top five global brokers have maintained their grip on the London market...
Top 20 Spotlight - 15. Aspen Insurance
Top 100 UK Insurers
Wellington Underwriting increases capacity projection
Wellington Underwriting has increased its capacity projection for 2006, in the wake of Hurricane Kat...
Willis creates Katrina claims web site
Broker Willis has created a website designed expressly to provide claims support and information resources specific to clients impacted by the hurricane.
Insurers warned Rita will "probably" strengthen into category 4 hurricane
After hitting the Florida Keys, Hurricane Rita gained power on Wednesday and headed across the Gulf of Mexico on a course that could take it to Texas and Katrina-battered Louisiana.
S&P downgrades Advent
Late yesterday S&P it lowered its public-information (pi) Lloyd's Syndicate Assessment on Advent's syndicate 0780 to '2pi' (high dependency) from '3pi' (average dependency).
Wellington outlines new 2006 business plan
Wellington has increased its capacity projection fro 2006 in the wake of Hurruicane Katrina.
Moody's gives Pool Re vote of confidence
UK terrorism events are unlikely to lead directly to meaningful rating actions, according to Moody's Investor Service, but indirect consequences could result in negative rating pressure, it said.
Chaucer predicts 10% rate increases
Lloyd's insurer Chaucer has reported an increase of 19% in gross written premium to £263.3m and a profit before tax increase of 79% to £35.8m, for the first half of 2005.
Heath Lambert appoints chief executive
Broker Heath Lambert has appointed Mark Hardinge as Chief Executive of the Group’s Financial and Professional Risks operation.
SVB moves out of the red
Lloyd’s insurer SVB this morning reported an interim profits before tax of £27.7m (H1 2004: £120.1m loss).
AM Best issues ratings alert after Katrina
Due to the evolving effects of Hurricane Katrina, AM Best has been aggregating public and private information in order to assess the financial impact it will have on insurers. AM Best expects all rated companies will be able to meet their current loss…
AM Best maintains Lloyd's rating
A.M. Best has hinted at greater leniency towards Lloyd's and has opted to maintain its financial strength rating despite potential losses from Hurricane Katrina.The rating agency said in a statement today it expects all rated companies will be able to…
Goshawk first half profits wiped out by 2004 hurricane season
Goshawk has announced a net loss of $500 000, a fall of more than $9m on its first half performance in 2004. The insurer, which now earns its premium from Bermuda-based Rosemont Re after placing Lloyd's syndicate 102 into run-off said rising losses from…
Early estimators on Katrina are "regretting it"
Hurricane Katrina Aftermath
Broker tips court battles
Hurricane Katrina Aftermath
Benfield reports drop in revenue
Reinsurance broker Benfield has reported a drop in group operating revenue to £196.2m (first half of...
RI3K and Xchanging announce new initiative
RI3K and Xchanging have announced a new initiative to allow early checking of contracts online. The ...
Offshore platforms: one in eight still unmanned
Hurricane Katrina Aftermath
The shipping forecast
Conference Preview: IUMI
Beazley warns insurers over reinsurance
Insurers could struggle to get reinsurance at the end of this year, following the damage caused by ...
Appointment at Integro
Integro has made Daniel Lavoie principal and chief compliance officer. Mr Lavoie will provide specia...