The Frieze Art Fair opens its gates with experts warning it is the first test of the market since Europe was plunged into renewed economic crisis... more
We are halfway through what is already the most expensive year for insurance claims in history and even solid firms such as Hiscox are feeling the strain... more
Lloyd's of London show what is in store for the wider insurance market, with a slump in profits due to higher catastrophe claims and lower investment returns... more
One of the more interesting ideas to emerge in the waves of speculation about what might be in the Budget is that local authorities will be allowed to issue bonds to finance local infrastructure projects... more
What's going on at Gatwick airport? A year ago, the chairman of owner GAL, Sir David Rowlands, stated publicly that the company had "not a shred of interest in a second runway"... more
If you're about to make a trip through increasingly pirate-infested waters, take heart that at least the insurance you will need is cheaper than usual... more
City Comment: So badly have the banks played their hand in showing absolutely no contrition, they have made it impossible for politicians to cut them any slack
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Hiscox says reinsurance prices will keep falling after summer hurricanes failed to appear in the US, and warns of a “highly uncertain” outlook for investment returns next year
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Ebullio Capital Management admits its commodity fund fell 96% in the first two months of 2010 - the Latin “ebullio” means to produce in abundance... more
Sir Mervyn Pedelty, former chief executive of Co-op Financial Sevices, and a non-executive director of insurance groups Hiscox and Resolution has died at the age of 61... more
Lloyd’s of London insurers Hiscox and Beazley enjoyed the calm after the storm in the last three months, boosted by higher gross premiums and investment profits... more
Shares rallied from opening falls after several billion pounds' worth of takeovers were dangled in front of City speculators in order to whet their appetites ... more
Shares were on the slide again today despite several billion pounds' worth of takeovers being dangled in front of City speculators in order to whet their appetites... more
Three of the largest specialist insurers listed on the London stock market revealed they lost or made barely any money on their financial investments in 2008... more
Brit insurance, sponsor of the Oval cricket ground, is the latest UK company to look at moving its headquarters from the UK to a more favourable tax regime... more
CBI boss Richard Lambert said a few weeks ago that one reason companies seemed quite optimistic in surveys might be that smaller businesses tend to finance themselves from retained profits rather than bank loans, and have therefore been insulated so far from the general cutback on credit.... more
Afternoon:
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