Reinsurance
RMS releases Ivan damage estimates
Risk Management Solutions (RMS), has predicted that insured losses from Hurricane Ivan in the US are...
London insurance market looks for cost savings
The London insurance market is upbeat and enjoying a strong year, according to research by Pricewate...
Moody's delivers new Converium warning
Re-ratings
White Mountains announces Ivan losses
White Mountains Insurance Group has announced that the impact from Hurricane Ivan has not hit the company badly.
Atrium confirms capacity acquisition
Atrium Underwriting has announced it has acquired a further £2.6m of capacity on its two managed syndicates, 570 and 609, at a cost of £0.2m.
Top 20 Spotlight - 14. Aspen Insurance UK
Top 100 UK Insurers
Top 20 Spotlight - 15. NFU Mutual
Top 100 UK Insurers
Capacity increases due to hurricanes says analyst
Capacity increases in the Lloyd's market are due to the recent spell of devastating hurricanes, acco...
Atrium terror fears lead to capacity increases
Lloyd's managing agent Atrium said fears over potential terrorism losses have forced it to compensat...
Top 20 Spotlight - 19. XL Insurance
Top 100 UK Insurers
Penny Black's insurance week
Having shaken off its collective Monte Carlo Rendez-Vous hangover, the London market was back doing ...
Benfield introduces Romanian quake model
Benfield has launched GAPQuake Romania, a fully probabilistic earthquake loss model capable of evaluating losses from all seismic sources in and around the country.
Atrium doubles profits in first half
Lloyd's insurer Atrium Underwriting has announced profit before tax increases up strongly to £16.1m (30 June 2003: £8.2m)
Fitch looks at total US hurricane losses
Fitch Ratings has claimed that with estimates for insured losses from Hurricane Jeanne ranging between $4 bn and $14bn, it is now possible that combined US insured losses from Charley, Frances, Ivan and Jeanne could equal or exceed the combined 1992…
RMS estimates Jeanne damage
Risk Management Solutions (RMS) has estimated that insured losses from Hurricane Jeanne would be between $4 to $8bn, based on an assessment of the hurricane’s characteristics at the time of landfall and its projected path.
Swiss Re announces storm losses
Swiss Re has announced that, based on current estimates, it expects its claims related to Hurricane Ivan and Typhoon Songda to be approximately $300m before tax.
No Can Do for Cox as insurer divests
Cox Insurance has closed two subsidiaries and put one up for sale as it announced half-year profits ...
Atrium acts over Chechen terrorism risk worries
Lloyd's managing agent Atrium has conceded it is concerned by the threat of Chechen terrorism to its...
Appointment at Talbot Underwriting
Lloyd's of London speciality insurer Talbot Underwriting has made James Bamford political risk under...
Appointment at Guy Carpenter
Reinsurance broker Guy Carpenter has appointed Beverly McIntosh as senior-vice president in the comp...
What the papers said this week
Daily Mirror Thousands of window cleaners are throwing in the shammy (sic) leather due to spirallin...
Dual Corporate Risks announces exclusive partnership
Dual Corporate Risks, has announced an exclusive partnership with Arch Insurance Company (Europe) to...
The cycle - a storm in a tea cup?
Talk last week was all about Hurricane Ivan - will it, won't it hit the US mainland at full strength...
MDU keeps faith with Converium
The Medical Defence Union has promised to retain Converium as capacity provider of its indemnity sch...