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By Chad Hemenway, PropertyCasualty360.com |
October 18, 2011
Lloyd’s overtaking of American International Group Inc. (AIG) in U.S. surplus-lines premiums was not a product of the market’s recent campaign to convince brokers to see Lloyd’s as a real alternative—for not just the strange, headline-grabbing risks.
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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 Chad Hemenway, PropertyCasualty360.com |
March 9, 2011
Omega Insurance Holdings Ltd. Chairman John Coldman said he and CEO Richard Pexton got a “baptism by fire” since they joined the company, as the Bermuda-based insurer and reinsurer posted a $42.8 million 2010 loss.
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By Caroline McDonald, PropertyCasualty360.com |
October 21, 2010
Claims arising from the U.S. subprime loan and banking crisis continue to mount, but are said to remain manageable at market level for Lloyd's, according to an Aon Benfield report.
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By Staff Writer |
August 5, 2010
After last year's second quarter net loss of $342 million, Swiss Re has made an impressive turnaround, reporting net income of $812 million.
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By Chad Hemenway, PropertyCasualty360.com |
August 3, 2010
Flagstone Reinsurance Holdings said second-quarter gross losses incurred from the Deepwater Horizon oil rig disaster were $45.7 million, including its Lloyd's operation.
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By Arthur D. Postal, PropertyCasualty360.com |
July 7, 2010
The House has passed legislation that allows recovery of noneconomic damages for maritime death victims' families, starting with the 11 workers that died in British Petroleum's current oil rig disaster.
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By Arthur D. Postal, PropertyCasualty360.com |
July 6, 2010
The House has passed legislation that allows recovery of noneconomic damages for maritime death victims' families, starting with the 11 workers that died in British Petroleum's current oil rig disaster.
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By Arthur D. Postal, PropertyCasualty360.com |
July 6, 2010
The House has passed legislation that allows recovery of noneconomic damages for maritime death victims' families, starting with the 11 workers that died in British Petroleum's current oil rig disaster.
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By Phil Gusman, PropertyCasualty360.com, Mark E. Ruquet, PropertyCasualty360.com |
May 10, 2010
Insured losses from the Deepwater Horizon Drilling Platform explosion will likely total about around $1.4 billion, but are not expected to significantly impact this niche marketplace or buying behaviors.
