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There are 65,111 results that match your search.65,111 results
  • Wellington deal highlights tensions in Lloyd's capital base
    One of the most public airings of dirty washing in recent Lloyd's history ended with Names supporting plans to form Wellington Re. But it’s the insurer's nine month struggle to raise funds which shows the problems of the Society's convoluted and divided c
    01 June 2002
  • In the Limelight - Snide casts his caustic eye over the market...
    SCB’s WEB Stirling Cooke Brown's long suspected stake in WEB Underwriting Management, a Connecticut based mga, has been revealed in testimony given in the High Court by former SCB employee Jeff Butler.
    01 June 2002
  • On the insurance beat - by David Schiff - of Schiff ’s Insurance Observer
    Buffettology Merrill Lynch recently agreed to pay a $100-million fine after New York attorney general, Elliot Spitzer, investigated the firm and was shocked to discover that its analysts had, allegedly, defrauded investors by recommending stocks of dub
    01 June 2002
  • Lloyd's bails-out Cox
    Despite a disturbing lack of debate, Lloyd's involvement in the Cox rescue package is a victory for common sense and pragmatism, says The Insider Despite setting an extraordinary precedent, Lloyd's ring-fencing of loss-struck insurer Cox Insurance is r
    01 April 2002
  • XL Winterthur launch WTC suit
    Wintherthur International America Insurance Co, a subsidiary of XL Capital, has filed a suit against aviation parts manufacturer Goodrich Corp after it claimed for lost revenues due to the 11 September attacks.
    01 April 2002
  • St Paul to stop reinsuring Lloyd's central fund
    St Paul, one of the giant corporate capital providers to Lloyd's thought to be cooling about its involvement in the market, will not renew its reinsurance of the Central Fund when the policy expires next year.
    01 April 2002
  • Lloyd's rating affirmed
    Fitch, the ratings agency, has removed Lloyd's from Ratings Watch and has affirmed its financial strength rating as A-. Lloyd's was double downgraded by Fitch on 21 September 2001 from A+ following uncertainties over “Lloyd's poor earnings performance in
    01 April 2002
  • SCB's Realm National wins Hancock arbitration
    An arbitration panel has ruled in favour of Realm National, Stirling Cooke Brown's C++ rated property and casualty reinsurer, in its dispute with John Hancock over a workers' compensation carve out reinsurance.
    01 April 2002
  • Brokers' E&O exposures/costs rocket
    The cost of buying Errors and Omissions coverage for insurance brokers has spiralled in recent months, due to significant exposures and claims arising in particular from the larger broking houses.
    01 April 2002
  • More A&H trouble for Canada Life
    Canada Life has issued a claim for relief and damages against French reinsurer Caisse Centrale de Reassurance (CCR) alleging that CCR has reneged “on four quota share agreements with Canada Life” and is therefore “irresponsibly and in bad faith underminin
    01 April 2002
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