December 2004/2

Lloyd’s broker Cooper Gay has wasted little time in responding to the opportunities presented by Spitzer’s charge on the industry’s practices as it announced a new division to “formally recognise the continuing separation of global insurance placement int

Lloyd’s reinsurer of last resort Equitas has announced its interim results for the six-month period ending 30 September 2004.

World’s largest insurer AIG announced last Tuesday (30 November) that it has reached a final settlement with the Securities and Exchange Commission (SEC), the Fraud Section of the US Department of Justice (DOJ) and the US attorney for the Southern Distric

A year after the UK regulator Financial Services Authority issued a consumer warning against the dubious insurer Centennial Insurance Company – or CIC – the British Columbia Financial Institutions Commission ordered the company to stop doing business in t

Weeks after the New York attorney general Eliot Spitzer criticised brokers’ strategic ties to (re)insurers, Aon revealed that it sold almost its entire holding in the Bermudian headquartered Endurance Specialty Holdings Ltd.

All leave had been cancelled for Marsh Ltd’s London brokers at the end of last week as the firm steeled itself for the results of the investigation into its London market practices, but in the end the Freshfields Bruckhaus Deringer-produced 12-page report