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There are 40,558 results that match your search.40,558 results
  • Merrill Lynch to pay out $550mn in sub-prime settlements
    Beleaguered bank Merrill Lynch has agreed to pay out $475mn and $75mn respectively to settle two class action lawsuits filed against it in relation to its subprime losses.
    20 January 2009
  • 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
  • Endurance results hit by 2005 storm losses
    Bermudian (re)insurer Endurance Specialty Holdings suffered a drop in net income for the second quarter after it was hit by an $84mn increase in its losses from last year’s big three hurricanes.
    27 July 2006
  • London News Digest
    QBE frustrated by Names’ exit expectations; Bedford to head up GCFac UK; Cost cutting continues at R&SA; Goldsmith retires from Towers Perrin; Re-Ex sees first cat option transaction...
    09 August 2007
  • Goodwill charge drags AIG to $2.7bn Q2 loss
    American International Group (AIG)'s general P&C business, Chartis, reported a healthy $955mn in operating income for the second quarter and a combined ratio that fell from 102 percent to 98.2 percent.
    06 August 2010
  • AIG leads hull cover on Heathrow crash
    US giant American International Group (AIG) leads the hull cover on the British Airways jet that crash-landed at London’s Heathrow Airport yesterday (17 January) while carrying more than 150 passengers.
    18 January 2008
  • AM Best warns downgrades more likely in 2008
    After two years characterised by more financial strength ratings upgrades than downgrades, AM Best has predicted actions will be more “fairly balanced” for US property and casualty (P&C) insurers in 2008.
    12 February 2008
  • Dancing with bears: AIG in Russia
    Introducing a new column about the Russian insurance industry (“Dancing with bears”), John Helmer begins by analysing AIG’s investment funds ... A notable French medical researcher recently conducted an experiment with the drug Viagra on twelve men, wh
    01 August 2003
  • AIG downgraded despite $20bn capital raise
    Moody's downgraded the debt ratings of American International Group (AIG) last week despite the insurance giant completing a $20bn capital raising exercise.
    27 May 2008
  • CII scraps merger plans
    The Chartered Insurance Institute (CII) has abandoned plans for a merger with the Australian and New Zealand Institute of Insurance and Finance (ANZIF) after previously undisclosed revenue losses of AUS1.5mn came to light, The Insurance Insider understand
    19 December 2008
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