Hints and tips:
Related Special Reports
...The Japanese owner of Lloyd’s of London underwriter MS Amlin plans to boost its underwriting capacity in the capital’s specialist market by half to £3bn in the next five years, as it invests in the UK hub...
...The new syndicate was announced on the day of its full-year results, which confirmed its best underwriting performance since 2007....
...The move has already caused ructions among direct insurers, contributing to the decisions of insurers such as State Farm to stop underwriting new home cover in California....
...This government has ensured the future viability of steel at Port Talbot.”...
...“If it needs capital expenditure, we are willing to look at it.”...
...Its underwriting profit reached £5.9bn, up from £2.6bn....
...Aviva intends to provide additional capital to the unit. Probitas’s Lloyd’s underwriting syndicate has increased its annual premiums by a fifth every year since 2019, taking in £288mn in 2023....
...The market’s return on capital was just 3.6 per cent since 2017, even taking account of last year’s 25 per cent return....
...The British prime minister is exploring the possibility of amending existing legislation, such as the 2002 Enterprise Act, to give the government the power to step in, according to people close to the situation...
...That faced public opprobrium over safety issues and was eventually taken into special administration in 2002....
...Insurance Australia Group, one of the main insurers to Greensill Capital, has said that rival Tokio Marine and broker Marsh McLennan should share in any liability if investors in the failed lender win a...
...City of London office vacancy rates have risen to around 11 per cent — the highest since 2009, and higher than the average of 9 per cent across the UK capital....
...This is driving up insurers’ underwriting risks, lowering returns on equity....
...Greensill had arranged trade credit insurance through Bond & Credit Co — the underwriting agency in which IAG formerly had a 50 per cent stake — to cover contracts in case of default....
...CVC has been building its arsenal in anticipation of the listing, scooping up specialist secondaries trader Glendower Capital and more recently purchasing Dutch infrastructure manager DIF Capital Partners...
...Chief executive Aki Hussain pointed to “disciplined underwriting and favourable market conditions” as the reasons behind the company’s performance....
...Underwriting profits more than doubled from £1.2bn to £2.5bn as insurance and reinsurance prices rose by 9 per cent across the market and customers bought more cover....
...He served on Sainsbury’s board and chaired insurer LV during its failed attempt to be taken over by private equity group Bain Capital....
...Oasis was founded in 2002 by Seth Fischer, a former portfolio manager in Asia for JPMorgan Chase’s Highbridge Capital....
...Executives, however, have dismissed that sum as too little given the estimated £2bn to £2.5bn capital expenditure needed to move the Port Talbot steelworks in Wales from blast furnaces to less carbon-intensive...
...The Arm flotation is shaping up as the equity capital markets event of the year....
...He pointed to previously “lax underwriting” by the shadow banks. Many remain cautious this time around....
...Headlining the IPO filing is The Raine Group, a tech-focused boutique, whose listing as financial adviser gives it top billing above Wall Street banks including Goldman Sachs and JPMorgan, who are underwriting...
...European governments have also privately expressed concerns that insurers in the NZIA could cause the cost of energy to rise if they collectively stopped underwriting fossil fuels, according to a person...
...OTPP is acquiring 7IM, which was founded in 2002 and manages about $21bn in assets, from Caledonia Investments, the companies said on Tuesday....
International Edition