June 2001/1
-
R&SA and Heath’s sued over $160mn film finance dispute US entertainment company Artisan Entertainment is suing R&SA and insurance broker Heath Insurance Broking Ltd for fraud and deceit over a complicated $160 mn insurance backed financing deal.
-
AIG throws blame onto financiers in the wake of Flashpoint Court of Appeal decision. We re-publish the release in full.
-
Flashpoint $1 million fraud victim
-
User-pays was heavily criticised. Lloyd’s insists that the process has been reformed but Laptop argues there is still much to be done In December 1997 Lloyd's announced the introduction of “User Pays”. One of the aims was to remove “the subsidisation
-
CEOs get cheap options Stock options may be a good form of compensation for start-up companies, but they aren’t appropriate for CEO's at most insurance companies. From a shareholder’s perspective, they have several drawbacks. They don’t align the C
-
Gross results demonstrate sectors dependence on cheap reinsurance, and highlight concerns over expected recovery in the light of continuing stiff competition. Personal Accident: "An insurance policy which, in return for regular premiums, pays a specif
-
Insurer’s refusal leads to default on up to $183mn of CSFB Flashpoint bonds, but will the tactic backfire? According to the industry quip, AIG's unofficial motto is “make a claim, and we'll sue you”; a cheap shot at the world's largest insurance compa
Most Recent
-
Frequency covers and attachment points focus of 1.1 talks: Gallagher Re
02 September 2025 -
TransRe adds to specialty unit with Axa XL’s Swillman
02 September 2025 -
Sompo ratings placed under positive review by AM Best
02 September 2025 -
Coverys Ltd adds Littlemore and Farnworth to board
02 September 2025 -
Average annual insured property loss rises to $152bn: Verisk
02 September 2025 -
Short-tail reinsurance pricing to fall ~5% at 2026 renewal: S&P
02 September 2025