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Hiscox has decided to set Syndicate 33's capacity at £950m for 2012 YoA instead of £1000m they had initially proposed. The rest of the business pla...
Flagstone Reinsurance Holdings Ltd intends to sell its Lloyds and Island Heritage operations in order to focus on its property and property catastrophe business...
Florida's hurricane fund is confronting a potential $3.2 billion shortfall, financial experts said in a new estimate of the money available to the pool intended...
On 17 October 2011 the Omega Board (the "Board") announced that it would be consulting shareholders on the terms of the proposals put to Omega by Haverford (Ber...
We have been advised by Lloyd's that they have run into a serious technical problem with the member ECA Modeller, which is not only preventing release of update...
Anadarko Petroleum Corp will pay BP Plc $4 billion toward clean-up and victim compensation for the Gulf of Mexico oil spill. The amount is less than BP might ha...
As world piracy hits a new high, more ships are escaping Somali pirates, according to a new report.
Piracy on the world's seas has risen to record levels, wi...
The U.S. workers' compensation insurance segment continued to face competitive pricing, further rate decreases, weak macroeconomic factors, growing medical ...
Lloyd's insurer Omega says it may not be able to fulfil requirements of one of its suitors' offers and that shareholders have "issues" with anot...
A.M. Best Europe - Rating Services Limited has affirmed the financial strength rating of 'A' (Excellent) and issuer credit rating (ICR) of "a+" ...