All Finance articles – Page 144
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News
Aviation broker targets expansion
Lloyd's broker Norman Butcher & Jones (NBJ) is seeking to hire teams to expand its business beyond its core aviation practice. The Lloyd's broker said it was now looking to target all lines of business including wholesale and reinsurance. The news came as the NBJ Group reported profits for 2006 ...
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Converium welcomes SCOR's revised offer
Converium's board has unanimously welcomed a revised offer from French reinsurer SCOR, and has encouraged all shareholders to accept the offer. Under the new terms, each Converium share may be exchanged for 0.5 new SCOR shares plus CHF 5.5 in cash and further foresees that the consideration will not be ...
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Assurant launches in Irish insurance market
Assurant Solutions has entered the Irish insurance market...
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Silverbeck Rymer closes defendant operation, focuses on claimant work
Law firm Silverbeck Rymer has opted to become a claimant only practice and run off the defendant side of its operation.Silverbeck Rymer's chairman, Jim Rymer, commented: “It is a strategic decision to focus on the claimant side of the business, including high value claims. It is where our future ...
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News
Protectagroup to float after expansion plan
Welsh broker Protectagroup is set to float on the London Stock Exchange after completing an aggressive acquisition drive which will more than quadruple its size.The personal lines broker intends to proceed with an initial public offering (IPO) by 2011 through a main market flotation, which may include the yet to ...
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Lancashire weighs in with strong Q1 results
Lancashire Holdings has announced net income after tax of $87.9m or $0.43 diluted earnings per common share for the first quarter 2007, compared to $9.3m or $0.05 per common share for the same quarter of 2006. The company also generated operating income of $88.1m, or $0.43 diluted operating earnings per ...
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Jelf strengthens position across Thames Valley
Jelf reaches tenth acquisition in 12 months with Aldershot broker purchase
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Goshawk troubles contine with 2006 loss
Goshawk has declared a post-tax loss of $1.0m for the year ended 31 December 2006, up from the $143.1m loss in 2005. The key constituents of this loss are a $0.3m loss at Rosemont Re and a $0.7m loss within the rest of the group. The group put the ...
