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There are 69,119 results that match your search.69,119 results
  • Will AIG's Aggression Backfire?
    $600mn Goldman Sachs deal postponed AIG’s denial of liability on $183mn of Flashpoint bonds - which has ignited a war of words between investors, investment bank Credit Suisse First Boston and the world’s largest insurance company - could backfire.
    01 July 2001
  • Willis joins Stirling Cooke Brown in "Unicover writ"
    Potential ‘spiral’ exposures force Willis to join SCB in fighting Odyssey Re's claims Recently floated broker Willis has made a late application to join Stirling Cooke Brown in fighting allegations that the broker deliberately conspired to place under
    01 July 2001
  • Inside News
    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.
    01 June 2001
  • Inside Film Finance
    AIG throws blame onto financiers in the wake of Flashpoint Court of Appeal decision. We re-publish the release in full.
    01 June 2001
  • Inside Letters
    Flashpoint $1 million fraud victim
    01 June 2001
  • User-Pays revisted
    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
    01 June 2001
  • The Insurance Company Stock Option Bazaar
    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
    01 June 2001
  • PA: Lloyd's loses $1bn a year
    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
    01 June 2001
  • AIG Attacks Credit Suisse Over Film Finances Losses
    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
    01 June 2001
  • AIG's 'Hostile' Takeover Attempt for American General - Is AIG’s Stock Too High? Ask’s David Schiff
    On 3 April 2001, after the market had closed, AIG announced an unsolicited $46-per share offer to acquire American General in a $23bn stock transaction - a 25 percent premium over the closing price. One wouldn't go so far as to call Hank Greenberg a co
    01 May 2001
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