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May 2005/6

  • After multiple delays, under-fire insurer AIG has announced today that it has finally filed its 2004 Form 10-K with the Securities and Exchange Commission (SEC). The insurance giant, which was forced to restate its accounts in the wake of the SEC...
  • French reinsurer SCOR today (31 May) revealed a disappointing set of first quarter results, as the repercussions of the crisis it slipped into during the latter half of 2003 continued to dog its recovery.
  • Ambitious Lloyd’s listed insurer Chaucer Holdings said it plans to double its current underwriting capacity by the time the next sector cycle peaks, as it reported a positive start to the year in its latest trading statement, released to the London Stock
  • Marsh Inc may be disposing of its wholesale units less than a year after it swooped for London based operation Prentis Donegan. Last week, following an MMC board meeting, the broking giant confirmed that it was “exploring strategic alternatives”...
  • Kinnect, the Lloyd’s-backed electronic data transfer initiative, has confirmed that it is recoding its platform for future releases. Speaking to Insider Week, Iain Saville, chairman of Kinnect, said the re-coding aimed to improve the functionality...