June 2002/1

The health insurer has washed its hands of reinsurance, but its exposures to variable annuity death benefits or VADBE's remain a concern

Buffettology Merrill Lynch recently agreed to pay a $100-million fine after New York attorney general, Elliot Spitzer, investigated the firm and was shocked to discover that its analysts had, allegedly, defrauded investors by recommending stocks of dub

The reporting standards of Lloyd’s syndicates need improving if spread capital is to get a full picture of its exposures, claims Laptop Earlier this year the EU Commission surprised observers by demanding the UK government provide information concernin

Soon-to-be floated broker admits errors and omissions exposures are “unsustainable” after its insurers demand a leap in rates and conditions Investors in HLF, which is due to float on the London Stock Exchange this summer, will be backing a company tha

While analysts react positively to AIG’s charm offensive, investors are continuing to sell Maurice “Hank” Greenberg has been described, with good reason, as the greatest man in insurance. He didn't form AIG, the world's largest insurance company by mar

Joe Plumeri’s arrival has coincided with the return of prosperous times. But the broker’s role in placing the WTC lineslip is an unwelcome cloud on the horizon In May Willis' majority owner, the US private equity firm KKR, took advantage of the broker

Marsh, the world's largest insurance broker, has been sensationally dumped by Aetna on placing its own liability cover.

The long awaited judgement in the AXA/George Litto film finance case was handed down last month and, as the insurer feared, the presiding Judge has shown himself almost contemptuous of the insurer's arguments. AXA alleged that its former employee Jean Mic

The United States Senate has passed legislation by an 84 to 18 vote that will assist insurers in the event of a catastrophic terrorist attack.

New Bermudians take up some of the departing capacity as CEA prefers reinsurance over Cat bonds.

The morale of the London market - which has come up second best against Bermuda in the post 11 September capital raising stakes - was improved with the announced £139mn AIM float of Professional Risk Insurance Ltd.

Lloyd's have confirmed the appointment of Lord Levene of Portsoken as the long-awaited successor to the chairmanship of Lloyd's.