February 2005/1

AIG: premiums grow but finite probe casts pall on good news World's largest insurer AIG said last week that its fourth quarter results included a net post-tax charge of $126.9mn, or $0.05 per share, in connection with late reported losses from hurrican

Names' capacity continues to shrink while UK listed corporates begin to dominate: just two of the findings of The Insurance Insider's analysis of Lloyd's 2005 capital base The proportion of capacity supplied by Lloyd's Names to the market continued to

Aon's senior executives will now be in line for a substantial pay-off, if there is a change of control in the company.

Insurers AIG, ACE and Aegis have settled their share of an energy dispute involving oil giant BP. The dispute flared up after Swiss Re, AIG, ACE, Aegis and AXA refused to pay claims on a series of large energy losses.

New Year optimism from reinsurers was probably diminished by news of the Suncor Energy loss - which introduced a fresh energy catastrophic loss only months after Hurricane Ivan tore through the Gulf of Mexico devastating oil platforms.

Lloyd's lost out in round one of the Central Fund reinsurance contract dispute after the panel in the first stage of the arbitration tribunal found the lead reinsurer Swiss Re "prima facie entitled to avoid the policy", based on the way the risk was prese

In our regular News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.

Former JP Morgan Chase & Co vice-chairman Donald Layton has emerged as a front-runner to replace Aon Corporation’s founding chief executive Pat Ryan, The Insurance Insider can reveal.

$1.6bn strengthening at North American corporate business... Rating agency Standard & Poor’s announced on 17 February that it was placing the ratings of Swiss financial services giant Zurich Financial Services on CreditWatch with negative implications,

In our regular News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.

Lloyd's insurer aims to exorcise US casualty spectre in bid to avoid run-off The Lloyd's insurer SVB Holdings Plc is working on a restructuring package that would ring-fence the group from its devastating US casualty exposures, The Insurance Insider c

The past month has seen the first serious indications that business may be beginning to desert broker Marsh for its rivals. At the start of February, the broker admitted that Britain's second largest listed insurance company Prudential plc had migrated