Its a small world... Published in Run off and Restructuring Autumn 2012. Added to our site on Thursday 6th September 2012, 17:09p.m. Since opening a London office, Citadel Risk has found a synergy between irs UK, US and Bermuda operations. Mike Palmer and Tony Weller review how the business has developed over the past two years...
Citadel Reinsurance 1st half year 2012 results
Published in Citadel News September 2012.
Added to our site on Wednesday 5th September 2012, 15:09p.m.
Citadel Reinsurance Company Limited issues its 1st half year 2012 results
Highlights for the first half year are:
• Underwriting profit of $2.917m • Net Earnings $2.639m • Net assets $23.309m • Loss ratio 49.54% • Combined ratio 64.36%
Tony Weller (Group CEO) commented; “We had a relatively difficult
Recovery positions... Published in Run off & restructuring summer 2012. Added to our site on Tuesday 10th July 2012, 11:07a.m. Mike Palmer joins a panel of recovery experts to review current demands for collection and recovery services. The message coming from practitioners in this area is mixed, with demand reportedly up in some quarters and less strong in the more "traditional" areas of activity.
Press Release 1st March 2012
Published in Citadel News March 2012.
Added to our site on Friday 2nd March 2012, 16:03p.m.
From 1st March 2012 Citadel Risk has been appointed to act on behalf of Legion Insurance Company (in Liquidation) to service and handle all its London-based reinsurance recoveries. Citadel Risk Services UK Limited has appointed a number of new staff and systems to handle this on-going contract. In addition, Citadel