Lloyd's of London News – Page 118
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Benfield confirms £8m hit from Lloyd’s settlement
Benfield reveals financial impact of Lloyd's central fund settlement
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Alarm call from Norwich Union risk services
25% of companies may have inappropriate alarm systems
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Ironshore Insurance gains surplus lines eligibility to underwrite in Texas
Bermuda-based, Ironshore Insurance has over $1 billion of capital and can now write property and casualty insurance in Texas
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XL warns on product recall
Changes to EU legislation has increased risks for UK companies
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Pollution insurance biggest concern for airlines
Environmental pollution insurance knocks computer crime insurance into second place according to Aon’s airline risk management survey
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Airmic to study risk management in business
Airmic to research and measure the value of enterprise risk management
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New syndicate fails to get approval
The launch of a new Lloyd’s start-up has been held up after the company was forced to revise its business model, Insurance Times has learned.Leinster Syndicate 4882 was due to begin operations in April, but it is understood to have failed to gain necessary Lloyd’s approval in time.According to a ...
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Forecaster predicts above-average tropical storm activity
Hurricane forecasting team predicts above-average tropical storm activity for the 2007 Atlantic hurricane season
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US catastrophe market is soft, but not in areas of high risk
Outside catastrophe prone areas the market is soft. But, there are still shortages of capacity for coverage against hurricanes, floods and earthquakes
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Flood estimates low
Study shows business interruption estimates relating to a London flood are dangerously low
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Brokers key to dealing with emerging risks
AIG chief tells Biba Conference to remain vigilant to legal and environmental challenges
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Insurer launches green driving scheme for employees
Payments made by the insurer to a carbon offsetting organisation
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BIBA news: Broker continuity planning
Insurance community must prepare clients for business interruption, says Towergate director
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WTC insurers agree $2.5bn pay-out
Seven insurance companies have agreed to pay an additional $2.5bn to resolve all outstanding claims on the World Trade Center
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Biba news: Light-touch regulation needed to ensure UK remains competitive
Biba chief executive Eric Galbraith calls on government to secure the position of London as a global financial centre
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Biba news: Ark Syndicate launches terrorism unit
Appoints Simon low as senior terrorism, war and political risk underwriter
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Biba news: Brokers must take lead in emerging risks
AIG president says brokers have a "unique role to play" in providing solutions in emerging risk markets
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Alea takeover stalled after shareholder meeting postponed
The ongoing takeover saga of Alea by FIN Acquisition has taken another twist with the postponement of the shareholder meeting this week. The special general meeting, held to determine whether FIN’s offer for Alea was to be implemented as either amalgamation or acquisition, was postponed for 10 days as ...
