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There are 65,156 results that match your search.65,156 results
  • Schroeder to focus on the Sage
    Alice Schroeder, the US insurance analyst famous for dishing out buffetings on poor performing insurance companies, is to take a sabbatical from equity research to write a book on the investment guru, Warren Buffett. Despite the existing literature on
    01 May 2003
  • Senator Hatch's plan - will it pass trust test?
    Ten days after Hartford trumped Travelers with a record $2.6bn asbestos reserve charge, moves to introduce meaningful legislation to curb asbestos lawsuits in the US gathered fresh pace. Republican Senator Orrin Hatch introduced a bipartisan bill in s
    01 May 2003
  • Germany's big-guns fire on management
    The world's largest reinsurer Munich Re replaces head; Allianz separately confirms replacement for Schulte-Noelle Hans-Juergen Schinzler, the 62 yr old chairman of Munich Re's board of management, announced last month that he will step down at the end
    01 May 2003
  • Insurers' disingenuous over liability losses
    "Close the law schools" quipped the legendary AIG chief Maurice "Hank" Greenberg earlier this month in response to a question on what could stem rising tort cost inflation. Controlling the spiraling costs of US tort awards has been a key theme this yea
    01 May 2003
  • Dalzell-Piper joins Hiscox
    Former Faraday D&O underwriter Lance Dalzell-Piper has joined Hiscox to help the Lloyd's insurer market its professional indemnity lines.
    01 May 2003
  • Benfield's IPO set for mid June
    Benfield, one of the world's largest reinsurance brokers, distributed listing particulars to potential investors on 28 May valuing the management owned firm at between £500mn-£660mn (midpoint £580mn). Despite moving its registration to Bermuda, last y
    01 May 2003
  • R+V sues Risk for alleged conspiracy
    But Lloyd's based agency fights back after R+V withdraws facility... The Lloyd's based managing agency Risk headed by Jean-Claude Chalhoub fought back against its former backer R+V after the German reinsurer withdrew its support last month and filed le
    01 May 2003
  • HIH: incompetence at heart
    Although under-reserved and badly run, HIH was more a victim of incompetence rather than corruption. But the improper use of reinsurance helped prolong its tenure Royal Commissioner Neville Owen’s restrained report into the 2001 collapse of HIH Insura
    01 May 2003
  • In the limelight - Snide casts his caustic eye over the market...(May 2003)
    Bright’s gloomy prospects Snide is surprised that no buyer has been found for former Independent boss Michael Bright’s splendid residence, The Oasts in Smarden, Kent. Following the insurer’s 2001 demise, “Brighty” filed for bankruptcy and put his ho
    01 May 2003
  • US Supreme Court gives heart to insurers
    In a welcome reversal of type, the US Supreme court delivered a pro insurer judgement earlier this month restricting the scale of punitive damage awards. In State Farm Mutual vs Campbell et al, the US Supreme Court decided by a 6-3 majority that puniti
    01 April 2003
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