Unsure returns
Article Abstract:
London Insurance Market Investment Trust (LIMIT) was set up in 1993 as an investment trust to use the opportunity of a move by Lloyd's of London to corporate capital. Earnings for the three years from 1997 are based on Lloyd's underwriting years and these figures have been released. The stock market seeks dividend progress, but changes can occur rapidly at Lloyd's which is forecast to make a profit for 1997 then losses. LIMIT also holds stakes in Jonson Green and Bankside, which are managing agents. The company's shares are not recommended for investors in Jan 1997.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Hardy annuals at Lloyd's
Article Abstract:
Hardy Underwriting Group began insuring petroleum rigs in 1975 for a syndicate of Lloyd's of London, and still specialises in underwriting. The company has not reported a loss in 21 years. Hardy focuses on helicopters and is not involved in marine or liability insurance. The company expects a return of 15% on capacity and this is above the average for the market. Hardy aims to become a small insurer inside Lloyd's and this is a welcome move, especially if the costs of the move are reasonable.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
SGF
Article Abstract:
Assurances Generales de France (AGF) was privatized in Jul 1996. The company has sold peripheral businesses in Africa, Chile and Portugal, which has led to a drop in premiums but premium income rose by 5% using comparable data. A drop in the rate of asset sales led to a drop in the contribution from life insurance to 131 million French francs from 344 million French francs for 1st half 1996. Non-life earnings rose by 12% due to a focus on better quality business.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: In retreat. Trials and tribulations
- Abstracts: Union des Assurances de Paris. Taking a limited bet on Lloyd's. A problem shared...
- Abstracts: Gerrard and National. Merill Lynch
- Abstracts: Venturing on higher returns. Weigh up risk and return to find the right VCT. Profits from the pursuit of pleasure
- Abstracts: All will be revealed. A way into the high risk Lloyd's market