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February 2004/2
  • Travelers announces solid results
    US property casualty giant Travelers announced a solid if unspectacular set of fourth quarter results last Wednesday (28 January), coming in just short of analysts’ consensus estimates, and then learned it was likely to see its S&P ratings aligned with St
    02 February 2004
  • St Paul breaks even ahead of merger
    A week after announcing its higher than expected fourth quarter reserve charge, US insurer St Paul unveiled fourth quarter operating figures last Wednesday that just about broke even.
    02 February 2004
  • The Hartford sets fourth quarter records
    US giant The Hartford ended a tumultuous 2003 on a high as it delivered a strong fourth quarter performance to post net income per diluted share of $1.59, 57 percent higher than the $1.01 achieved in the last quarter of 2002.
    02 February 2004
  • Marsh lifts MMC from Putnam mire
    Marsh & McLennan Companies (MMC), parent of the world’s largest broker Marsh, shrugged off the furore surrounding its troubled investment arm Putnam to announce strong operating results for the fourth quarter and year ending 31 December 2003.
    02 February 2004
  • Halliburton and Equitas reach $575mn asbestos settlement
    US engineering firm Halliburton has announced a $575mn (£317mn) settlement of its asbestos exposures with Equitas, the reinsurer established by Lloyd's in 1996 as a run-off vehicle for its pre-1993 liabilities.
    02 February 2004
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