Company Example A

Insider Dealings

The recent Improvement in share prices has seen a return to buying by Market Insiders Confidence has returned to the directors of the insurance sectors’ quoted companies. Boosted by signs of a strong rating recovery in most business classes, insiders h

01 January 2001

Lloyd's Stocks Boosted

Further consolidation expected as the fortunes of the quoted Lloyd’s insurers’ improve With a total market capitalisation of around £2bn, it is absurd to talk about the dozen quoted Lloyd's stocks as a “sector” (by way of comparison SVB, the largest qu

01 January 2001

Litigation claims multiply

Zurich deny cover on WTC shopping mall Zurich are denying they insured the WTC shoping mall after the leaseholder Westfield America Inc claimed for losses arising from the 11 September attacks.

01 December 2001

AIG subpoenaed and bank sued over off balance sheet deals

The US bank forced to unravel transactions with AIG which knocked $11bn off the value of the world's largest insurance company, is facing a class action suit from aggrieved shareholders. On the 1 February Milberg Weiss, the veteran New York plaintiff atto

01 February 2002

American Re - $506m loss for third quarter

The Munich Re subsidiary American Re has reported a net loss of $506.5mn for the third quarter of 2001.

01 December 2001

GoshawK wings to Bermuda

Lloyd's insurer Goshawk is doubling its size and establishing a £100mn capitalised Bermudian reinsurer Goshawk Re to exploit the post 11 September market.

01 December 2001

Equitas: Asbestos claims continue to rise

Equitas are still facing a rising tide in asbestos claims according to their results for the first six months of 2001.

01 December 2001

Property XOL and aviation syndicates deteriorate rapidly

Unsurprisingly, syndicates specialising in aviation and property excess of loss have demonstrated the worst deterioration in forecasted results since the 11 September attacks, according to research by Leadenhall Insurance Consultants.

01 December 2001

Enron: Insurance exposed after financial guarantees

Speculation is mounting over the insurance industry's exposures to Enron - the giant US energy group that filed for bankruptcy protection last week. While initial fears concentrated on possible D&O and professional indemnity losses, concerns are rising ov

01 December 2001

SVB increases loss estimate by 50 percent

Embattled Lloyd's insurer SVB are the latest carrier to increase their loss estimates to the 11 September attacks.

01 December 2001

Company Example A

Company type

Miscellaneous

Major offices

Officers