Lloyd's of London News – Page 94
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News
Reinsurance rates ‘to harden’
Benfield says only "significant removal of capital" will harden market.
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Aon's third quarter profits nosedive 43%
Broking giant beats most analysts' expectations despite profit fall
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Features
The tax world tour
This year Ireland is the favoured destination. But Bermuda is not far behind and Gibraltar deserves a mention. Oleg Vukmanovic looks at the tax benefits of leaving the UK – and why many companies still choose to stay.
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Zurich estimates $600m hurricane losses
Insurer says losses were limited to a "manageable level".
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Jubilee appoints ex-Willis Re director
Norman Topche becomes director of Reinsurance at Lloyd's insurer.
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Cooper Gay appoints new MD for FSJ
Chris Butcher takes senior role at UK wholesale broking business.
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Pound hits five-year low as Brown concedes ‘recession’
Bank of England also admits Britain is entering recession.
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News
Ward: hurricane losses are ‘manageable’
Claims will top £1.3bn, but market’s boss says there is no need to draw on central fund.
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Chaucer expects $55m hurricane losses
Lloyd's insurer says estimate is "broadly consistent with its year to date budget for catastrophe claims".
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Lloyd's reveals "manageable" Gustav and Ike loss estimates
Richard Ward says exposures are "in line with expectations".
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Endurance forecasts third quarters results
Insurer expects net losses from hurricanes Gustav and Ike to hit $145m.
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Supply chain risks increasing, warns Marsh
Economic slowdown is impacting on UK companies, says broker.
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Glacier Insurance appoints new chief executive
Richard Etridge takes over from Robbie Klaus.
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