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By Chad Hemenway, PropertyCasualty360.com |
May 13, 2011
The head executive at Lloyd’s of London says the market expects rates to firm as a result of first quarter catastrophes throughout the world and the April tornadoes in the U.S.
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By Caroline McDonald, PropertyCasualty360.com |
April 4, 2011
Lloyd’s says its 2010 before-tax profits dropped nearly 42 percent to £2.19 billion ($3.44 billion at current exchange rate) compared to £3.87 billion ($5.9 billion) in 2009.
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By Caroline McDonald, PropertyCasualty360.com |
March 30, 2011
Lloyd’s says its 2010 before-tax profits dropped nearly 42 percent to £2.19 billion ($3.44 billion at current exchange rate) compared to £3.87 billion ($5.9 billion) in 2009.
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By Caroline McDonald, PropertyCasualty360.com |
July 5, 2010
A spate of disasters early this year, the ongoing oil spill in the Gulf of Mexico and predictions of an active hurricane season have reinsurers on edge.
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By Staff Writer |
May 27, 2010
Lloyd's estimates net claims from the Deepwater Horizon explosion in the Gulf of Mexico to range between $300 and $600 million. The company added that its net claims before tax from the earthquake in Chile are about $1.4 billion.
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By Staff Writer |
May 26, 2010
Lloyd's said its estimates to-date for the net claims from the Deepwater Horizon explosion are between $300 million and $600 million and that estimates of its net claims before tax from the earthquake in Chile are about $1.4 billion.
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By Caroline McDonald, PropertyCasualty360.com |
May 10, 2010
Lloyd's achieved a record profit of ?3.87 billion--that's $5.9 billion, in current exchange rates--to go along with a sparkling combined ratio of 86.1 last year despite a severe economic contraction and stubbornly soft commercial insurance pricing.
