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There are 65,064 results that match your search.65,064 results
  • In the Limelight - Snide casts his caustic eye over the market
    Good things come to he (or she) who waits There is an e-mail doing the rounds that purports to be a verbatim excerpt from the transcript of the cross examination of former HIH chief executive Ray Williams. Snide - being a persistent little fellow - sp
    01 September 2002
  • Allianz - $750m asbestos reserve increase follows profits warning
    Allianz, Europe's largest insurer, will inject $750mn into its US subsidiary Fireman’s Fund to cover asbestos-related claims, doubling its reserves to $1.51bn.
    01 September 2002
  • European insurers - failing to impress
    The share prices of European insurers are tumbling as investors get the jitters over a series of worsening results and balance sheet strengthening capital raising exercises.
    01 September 2002
  • Lloyd's reforms vote: Everybody wins
    Or do they? A failure to compromise on wordings may lead to further disputes. In the meantime, the franchise model rolls on. In the cynical world of modern politics, it’s not unheard of for more than one side to claim victory and so it proved at the re
    01 September 2002
  • R&SA removes CEO
    Bob Mendelsohn the embattled chief executive of Royal & Sun Alliance has been “ousted” from his position as the insurer manoeuvres for its rumoured forthcoming rights issue.
    01 September 2002
  • Aon's results dip but resolves SEC "comments"
    Shares in the world's second largest broking group, Aon, collapsed after the firm revealed below consensus earnings and details of an SEC enquiry into the firm's accounting practices. Excluding special charges, Aon's second quarter earnings would have bee
    01 September 2002
  • ZFS launches aggresive plan to replenish capital base
    Zurich Financial Services (ZFS), has announced losses of $2bn for the first half of 2002. ZFS stated it has undertaken a thorough review of the adequacy of its non-life insurance and reinsurance reserves in consultation with an independent third party
    01 September 2002
  • Enron Mahonia fraud allegations dismissed
    A New York Court has struck a body blow against JP Morgan Chase Bank after dismissing the fraud allegations that the bank levelled against 11 insurers who underwrote almost $2bn of surety bonds securing Enron contracts.
    01 September 2002
  • Willis to hand over WTC E&O documents
    Court ruling should establish if concerns over potential legal liability may have influenced Willis' view on the occurrence issue. The WTC dispute between insurers, led by Swiss Re, and the WTC leaseholder Silverstein looks set to force broker Willis G
    01 September 2002
  • Laptop - Why I voted No
    Laptop, The Insider's resident Lloyd's Name, analyses the proposed Lloyd's reforms and explains why he voted 'No' at the 12 September Lloyd's EGM On 19 July, 16,000 copies of the 56- page Consultation Document were distributed by Lloyd's. The document
    01 September 2002
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