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There are 65,064 results that match your search.65,064 results
  • Mountain Blues
    Lloyd’s is so excited about its dotcom project Blue Mountain which, aims to revolutionise the industry, that it has agreed to provide further funding In July ACE invested another £1mn into a revolutionary new electronic project that plans to slash cost
    01 September 2002
  • Benfield in Bermuda move rumour
    Benfield, the privately owned London based reinsurance broker currently debating the merits of staying private, floating or a trade sale, is rumoured to be considering a relocation to Bermuda.
    01 September 2002
  • Hiscox - raising £110mn in 2nd rights issue
    Hiscox plc is to take advantage of what it calls the market’s “superb conditions” with a second rights issue in 10 months. The Group, which raised £54mn in November 2001, comes to the stockmarket with a 1-for-2 rights issue to raise £110mn.
    01 September 2002
  • Trenwick and Swiss Re settle CatEput dispute
    European Reinsurance Company of Zurich, a subsidiary of Swiss Re, has purchased 550,000 of Trenwick's Series B Preferred Shares for an aggregate purchase price of $40mn, thereby settling the dispute between Swiss Re and Trenwick over a Catastrophe Equity
    01 September 2002
  • How to Blow Money and Make Friends on Wall Street - David Schiff on Demutualization and The Principal Financial Group
    There was a time when insurance companies were not the exciting “financial services” players they are now; they were considered stodgy businesses run by boring, grey-flannelled organization men. Working in the employ of stock insurance companies was re
    01 September 2002
  • Lloyd's investigates alleged Israeli cover note fraud
    Lloyd’s is to send in an audit team to Israel after revelations that one of the region’s leading producers is allegedly embroiled in a forged cover notes fraud. On 13 September, at a meeting attended by Lloyd’s regulatory officer Simon Wilkinson
    01 September 2002
  • Lloyd's results - 2000 & 2001 forecasts
    Few surprises in 6th and 10th quarters result forecasts for Syndicates demonstrates improved forecasting Updated estimates for the forecast results of syndicates in the 10th quarter of the 2000 underwriting year showed few significant deviations from e
    01 September 2002
  • Insider Lloyd's News Briefs
    Syndicate 2 & 780 BF Caudle Agencies has proposed the merger of Syndicate 2 into Syndicate 780 for the 2003 Year of account. Planned 2003 capacity is £250mn, the merged syndicate will be headed by P. D Upton. Capital providers currently on Syndicate 2
    01 September 2002
  • CIGNA takes $1.1bn hit over VADBE exposures
    The employee benefits giant is facing a possible 2 notch downgrade from the rating agencies as worsening equity markets increased exposure on run-off contracts Shares in CIGNA fell in reaction to the shock announcement of a $1.1bn pre-tax charge over i
    01 September 2002
  • ZFS solvency fears hit Converium
    Shares in Zurich’s former reinsurance arm Converium fell sharply as investors reacted to fears of collecting recoverables from its former parent, ZFS.
    01 July 2002
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