Lloyd's of London News – Page 105
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Online onlyGovt needs 'urgent action' on floods
Government preparation for flooding should be on the same level as terrorism, independent reviewer says
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News
Benfield shares dip after year-end profit warning
Expected problems in 2008 lead to creation of £300m debt facility
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Marsh adds to EMEA team
Sarah Richmond joins as risk consultant with others set to follow
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FSA bans four linked to Sphere Drake losses
Quartet were dishonest in operation of reinsurance binder
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Hannover ratings placed on review for possible upgrade
Recoverables and goodwill as a percentage of equity falls from 160% to 77%
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News
Cila prepares to defend its summer floods record
Loss adjusting body to counter negative images of people living in caravans over Christmas
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Aon Re launches private clients suite initiative
Aon Re Global Fac to provide 15 private clients suites for global cedants
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Online onlyGovernment given a lesson on flooding
UK must centralize its flood defences under one body to avoid future catastrophes
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News
JLT and ICAP joint venture brokers first catastrophe swap
First transaction was a North American windstorm
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Aon adds business development consultant
Former telecoms specialist to focus on central and southern UK
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Fitch: UK insurers are strongly capitalised
Prism results show insurers are well-positioned
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Features
NU chief hits back at MPs who criticised flood record
Commons committee told that industry was trying to reduce risk to ‘acceptable level’
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News
Steps needed to cut UK terror threat, says Levene
Lloyd’s chairman calls for action after report highlights home-grown terror boost
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News
Shares continue to feel sub-prime heat
Despite experts’ predictions that London-based insurers are likely to escape heavy claims from sub-prime exposure in the US, fears among investors have led to falls in insurers’ share prices in recent weeks.Volatility will continue, analysts say, as the fallout from the crisis plays out.Brit Insurance has been hit hardest, with ...
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Why the government must support the ABI
The ABI’s director general Stephen Haddrill summed up the situation neatly this week when he stated that: “This summer’s devastating floods highlight the urgent need for a long-term strategy based around more investment, national coordination and better land use planning.” His comments come as the ABI launched a new ...
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THB reveals plans for international acquisition
Broker to buy Lloyd's business and overseas interests of PWS
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News
ABI defends flooding role after Blunkett blast
Industry is “keeping its side of the bargain” says ABI chief
