Goshawk Insurance Share Discussion Threads

[neilrr] 22/9/2004 14:57

I'm surprised no one has anything to say about the interims. I thought they read pretty well.

[neilrr] 09/9/2004 20:44

Uncle,
Are we trying to start some, is this wishful thinking, or, have you seen/heard something?

[unclebooks] 09/9/2004 16:31

Any rumours again regarding t/o here. US company?

[astralmike] 06/9/2004 14:30

September 6, 2004

"Caribbean Islands Brace for Another Hurricane; Ivan Now a Category 4 Storm"

Predictions of a "busy" hurricane season are proving all too true. While Frances is still churning the waters of the Gulf of Mexico off the Florida panhandle, Ivan continues to gather strength off the coast of Venezuela.

The National Hurricane Center in Miami has issued a hurricane watch for the Barbados and St. Lucia, while a tropical storm watch remains in effect for Grenada and its dependencies.

As of Monday morning Ivan's center was located "near latitude 10.7 north - longitude 50.6 west or about 625 miles (1010 km) east-southeast of Barbados." It's moving toward the west-northwest at a rapid 21-mph (33 km/hr). The NHC expects "this to continue for the next 24 hours. Maximum sustained winds are near 135 mph (215 km/hr) with higher gusts."

The bulletin also warned that "Ivan continues to strengthen rapidly and is currently a category 4 hurricane. If this intensification phase continues, Ivan will approach category 5 status during the next 12 to 24 hours. Hurricane force winds extend outward up to 35 miles (55 km.) from the center and tropical storm force winds extend outward up to 140 miles (220 km)."

If the storm becomes that powerful, people in its path can only hope it won't live up to its namesake, the Russian Czar, known to history as "Ivan the Terrible."

[paddyfool] 06/9/2004 11:45

the nature of this game is dodging the bullets! There is another one called Ivan on the way!

[neilrr] 06/9/2004 11:30

The general tone of reports on Frances in newspapers/TV seems to be "it could have been a lot worse". GOS (& other re-insurers) seem to have dodged a major bullet here.

[boxwellian] 05/9/2004 13:31

06 August 2004

Goshawk Insurance Holdings PLC


("the Company")


Goshawk Insurance Holdings PLC were today advised that as at 3rd August 2004
Barclays PLC, through the legal entities listed below, had a notifiable interest
in 3.60% of the Company's Issued Share Capital.

Legal Entity Holding Percentage Held
-------------- --------- -----------------

Barclays Life Assurance Co Ltd 893,641 0.5080
Barclays Global Investors Ltd 2,676,524 1.5214
Barclays Bank PLC 2,756,751 1.5670
Gerrard Ltd 9,150 0.0052
Group Holding 6,336,066 3.6016


Goshawk Insurance Holdings PLC were today further advised that as at 4th August
2004 Barclays PLC no longer had a notifiable interest in the Company's Issued
Share Capital.






This information is provided by RNS
The company news service from the London Stock Exchange

END
HOLPFMBTMMIMBLI

RNS Number:5974C
Goshawk Insurance Holdings PLC

03 September 2004


Goshawk Insurance Holdings PLC

("the Company")

Goshawk Insurance Holdings PLC were today advised that as at 31st August 2004
Barclays PLC, through the legal entities listed below, had a notifiable interest
in 3.82% of the Company's Issued Share Capital.

Legal Entity Holding Percentage Held
-------------- --------- -----------------

Barclays Life Assurance Co Ltd 958,034 0.5446
Barclays Global Investors Ltd 3,090,647 1.7568
Barclays Bank PLC 2,655,579 1.5095
Gerrard Ltd 9,150 0.0052
Group Holding 6,713,410 3.8161



In on the 3rd of August-
Out on the 4th of August-
Back In on the 3rd Sept with 377,000 more shares

[paddyfool] 04/9/2004 10:06

no it has not, will hit today and could be v big but will probably be as big as charley on a loss front, unless we are unlucky!

[the knowing] 03/9/2004 23:48

I think FRANCES has been declassified. You need to check with the US Met Office.

[neilrr] 03/9/2004 23:40

Considering Florida has had one hurricane blow through a few days ago & is now looking at another, isn't this holding up rather well?

[neilrr] 02/9/2004 12:31

Yikes!!!!!! Coming back up a bit now - might be about level at the end of play today (I'm hoping).

[paddyfool] 02/9/2004 12:13

looks like he might be right.

[c lau] 27/8/2004 21:52

looks like back to 40p soon.

[by-way] 27/8/2004 14:30

I am a holder and I am confident that, once the dust has settled, there will be enhanced value here. Be patient!

[neilrr] 26/8/2004 10:18

10:15 & not a single trade!

[paddyfool] 25/8/2004 18:58

Yep this looks like relatively good news. It hints though that there will be some minor impact on the bottom line, this implies that further cat loss exposure may be difficult to contain.
But the real issue for Goshawk is its reinsurance exposure to the old syndicate, this will make a sale difficult.

[brad1] 25/8/2004 18:55

not as bad as it could have been, will soon shoot up. in full recovery mode

[neilrr] 25/8/2004 18:48

re: HURRICANE CHARLEY

I thought they were looking at a MUCH bigger potential exposure than "less than USD7 million". This is actually good news isn't it?


RNS Number:2879C
Goshawk Insurance Holdings PLC
25 August 2004



GoshawK Insurance Holdings plc

GoshawK announces estimate of losses from Hurricane Charley

GoshawK Insurance Holdings plc ("GoshawK"), the parent company of Rosemont
Reinsurance Ltd. in Bermuda ("Rosemont Re"), today announces that its initial
estimate of aggregate potential net losses relating to Hurricane Charley will be
less than US$7 million.

This initial estimate is based on a combination of preliminary feedback from
clients and catastrophe modelling software.

This loss amount is comfortably within Rosemont Re's annual expected loss
activity for catastrophe losses and will not materially impact the expected year
end result.


25 August 2004



Enquiries:

GoshawK Insurance Holdings plc
Paul Spencer, Chairman 020 7621 0777
Russell Brooke, Chief Executive + 441 295 5485
Jonathan Beck, Finance Director

College Hill
Tony Friend 020 7457 2020







This information is provided by RNS
The company news service from the London Stock Exchange
END

[mdr128] 24/8/2004 12:33

I also hold a few and have done since last Oct. Thought the original fall was overdone. My target is 60p, but I may take 55p.

[paddyfool] 24/8/2004 12:05

just the little matter of how much the reinsurance contract with teh run-off syndicate may cost them.