Capacity up
Advent Capital Holdings is to increase Syndicate 780's capacity by £80m to £230m for next year.
The underwriting
team will focus on non-marine and marine reinsurance bu …
Capacity up
Advent Capital Holdings is to increase Syndicate 780's capacity by £80m to £230m for next year.
The underwriting
team will focus on non-marine and marine reinsurance business and commercial lines in US and UK property, hull, cargo and energy.
Risk conference
Thomas Miller Risk Management (TMRM) will hold a corporate governance workshop on 3 December in London.
Register for the workshop at 020 7204 2567.
CGI Highway deal
CGI Group has signed a £6m applications management deal with motor insurer Highway Insurance Holdings.
Folgate project
The race to lead the market in helping brokers cope with FSA compliance hotted up with the launch of a joint project by
Folgate Masterplan and Sirius.
The broker network and the IT provider have put together a team to identify potential pitfalls for brokers in complying with FSA regulation which takes effect in 2004.
Jobs in Ireland
Halifax Insurance Ireland's new offices in Shannon will create 250 new jobs.
The company expects to employ 240 staff by 2005, instead of an initial estimate of 97.
St Paul syndicate
The St Paul at Lloyd's has announced the launch of new corporate Syndicate 5000, which will underwrite non-life business at Lloyd's on behalf of The St. Paul Companies.
SVB forecasts loss
Lloyd's insurer SVB has revealed it is increasing its reserves for liability losses and expects greater losses for syndicates 575, 1212 and 2147 for 2000.
£5bn motor losses
The motor insurance market has suffered underwriting losses of over £5bn over the past seven years, according to a Standard & Poor's report.
