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There are 65,101 results that match your search.65,101 results
  • Sirius - bright prospects clouded
    Unlike many of its peers, Sirius’ woes are not of its own making. Instead the Scandinavian insurer has been downgraded because of the sins of its parent, the struggling power and automation technology giant, ABB Group.
    01 January 2003
  • Aioi files Fortress Re charges
    Aioi joins fellow insurer Nissan in attacking the Sabbah and Kornfeld “cash machine” Japanese insurer Aioi has accused directors of the Fortress Re Pool of "intentionally looting" the assets of its sister operation, the collapsed captive reinsurer Car
    01 January 2003
  • In the limelight - Snide casts his caustic eye over the market
    Something we’d all like to know Last month Zurich Financial Services became the latest insurer to reveal it was no longer writing credit enhancement type policies. According to the 5 December European edition of The Wall Street Journal, the insurer
    01 January 2003
  • Conseco is Bankrupt - Finally! - It’s been a long time coming argues David Schiff
    It can take some time for a big, sleazy company to go bust. And it can take even longer when that company is run by an avaricious mountebank assisted by a bunkum-spewing accountant skilled in numerical prestidigitation.
    01 January 2003
  • Former HIH directors face prospect of criminal prosecutions
    The scope of blame over HIH widened last week as lawyers for the Australian Royal Commission began their summing up into the insurer's collapse, outlining more than 1,000 alleged breaches of the law. Senior HIH executives face possible criminal charges
    01 January 2003
  • Insider Shorts: GE’s Employers Re – unloved and up for sale
    GE’s Employers Re – unloved and up for sale “ERC does not fit GE’s business model” said General Electric chairman and chief executive Jeff Immelt on 21 November as he revealed its reinsurer would cost the company another $2bn.
    01 December 2002
  • The wonder of insurance regulation - Economic Development by David Schiff
    In the nineteenth century, American railroad companies sold land to Europeans using a timeless method: fraud. Cold, inhospitable prairie was advertised as warm and fertile farmland with a year-round growing season. Badlands were billed as tropical paradis
    01 December 2002
  • Levene slams partizan council
    New Lloyd’s chairman demands council members put aside egos and differences Lord Levene of Portsoken, the first chairman of Lloyd's to come from outside the industry, has criticised the self interest and partisan nature of the Council, the Lloyd's mar
    01 December 2002
  • US terror bill causes confusion
    US Government terrorism insurance backstop causes concern for non-US carriers Insurance and reinsurance companies face a period of uncertainty as they try to understand the implications of the US Terrorism Risk Insurance Act 2002, announced on 26 Nove
    01 December 2002
  • ESG Re's fight for survival gets tougher
    ESG Re, the Bermuda based Life, Accident and Health reinsurer, has seen its problems multiply after a disastrous fortnight that included another downgrade, the resignation of its auditors and a threatened de-listing from Nasdaq.
    01 December 2002
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