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There are 40,553 results that match your search.40,553 results
  • AIG posts solid results despite CAT losses and higher reserves
    American International Group (AIG) posted record profits for the third quarter of 2003 last week despite higher catastrophe losses and a $2bn increase in reserves.
    27 October 2003
  • Benfield shares slip as Numis slashes target price
    Shares in Benfield Group fell this morning after Numis Securities slashed its target price on the reinsurance broker amid revenue concerns.
    24 September 2007
  • AIG asset sale begins
    American International Group Inc (AIG) expects to have a "for sale" list of assets drawn up by the end of this week (3 October), and may have executed transactions in that time frame, according to new chairman and CEO Edward Liddy.
    29 September 2008
  • Turner attacks passporting
    Lord Adair Turner, chairman of UK regulator the Financial Services Authority (FSA), has attacked the current European system of cross-border regulation while calling for a revolution in global financial controls.
    23 March 2009
  • Higher claims burden inflicts loss on Hampden vehicle
    Lloyd's investment vehicle Hampden Underwriting plc suffered a first-half net loss of £58,000, down from a £138,000 profit a year earlier, as a 27 percent increase in claims took its toll.
    04 October 2010
  • Flagstone renews Chaucer quota share
    Flagstone Re is renewing its whole account quota share protection of Chaucer Holdings, providing the London market insurer with significant 2011 reinsurance capital in advance of the imminent Lloyd's coming-into-line exercise, The Insurance Insider can reveal
    04 October 2010
  • Towergate profits up as Snowball steps down
    Towergate Partnership's pre-tax profits increased by 14.9 percent to more than £100mn in 2007 compared to the previous year, while deputy chairman Patrick Snowball has resigned from its board, the company announced.
    02 June 2008
  • Is double charging commissions a problem in the London wholesale market?
    Marsh UK sacking 'tip of the iceberg'? Last year, UK Broker Heath Lambert lost a lucrative reinsurance account with the Australian Federal government after it admitted receiving "unauthorized commissions". It was an offence apparently similar to th
    01 November 2004
  • Willis captive manager arrested
    Willis captive manager Ken MacKay has been arrested for allegedly embezzling more than $2mn from the broker and its clients.
    10 March 2008
  • CIC returns to London
    New entrant with an interesting past offers EL insurance to the London Market... After the demise of the likes of Independent and The Underwriter, it was inevitable that soaring professional indemnity rates would attract new players into a market where
    01 September 2003
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