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Catlin 2008 results

Lloyd's insurer, Catlin, has issued its 2008 preliminary results, which show that the group has made a loss in 2008. Please click on the link below in order ...

Catlin rights issue

Lloyd's insurer Catlin is to raise £200 million in an underwritten rights issue to take advantage of the improving market conditions. The Rights Is...
The most devastating bushfires in Australia's history have wiped out entire towns and destroyed at least 5,000 homes. Authorities have reported 31 major fir...
Over the past week, and particularly over the weekend, there has been a good deal of publicity over the possibility of a bid for the Chaucer group of syndicates...
Beazley Group has become the latest Lloyd's insurer to confirm it is considering a capital raise. The company said it is looking at a potential equity fundr...
Following the recent trading announcement from Swiss Re, AM Best has placed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR)...

Swiss Re update

Swiss Re turned to Warren Buffett, the legendary US investor, for fresh funding and cut its dividend to a "nominal" amount in an effort to retain its investment...
Munich Re has announced that it has recorded a clear profit for the financial year 2008. According to preliminary calculations, the consolidated profit amou...

Hardy Statement

Hardy, the Bermuda-domiciled specialist insurer and reinsurer, has announced that it expects gross written premiums will be in excess of £170m and profits...