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There are 40,476 results that match your search.40,476 results
  • Greenberg leaves AIG replaced by Zarb; swipes at leak culture
    American International Group chairman Hank Greenberg will formally part company with the insurance giant this week – only two weeks after agreeing to step down as the company chief executive.
    29 March 2005
  • Aon survey: Loss of reputation tops business risks
    Corporate Britain rates loss of reputation and business interruption as its biggest health risks in 2005, according to a survey by broker Aon ahead of the annual conference of The Association of Insurance and Risk Managers (AIRMIC) which kicks off in Brig
    13 June 2005
  • Coutts vindicated in 'duty of care'
    'Unreliable' evidence of veteran Lloyd’s underwriter ends accusations of negligence Coutts, the royal bankers, has been exonerated in a legal battle about whether it should have told a Lloyd's syndicate that its managing agents had not opened an Indepe
    01 October 2003
  • Arbitrage market on tenterhooks
    Participants anxiously await verdict in mammoth Sphere Drake/SCB “arbitrage” trial "There is no way that I can reach a judgement that will not result in the finding of the gravest dishonesty against someone. But so be it." This chilling phrase was
    01 March 2003
  • Fitch to go-ahead with Q ratings despite German objections
    Fitch Ratings is to finally publish its “Q” ratings on between 150-200 European insurers later this week after becoming embroiled in a controversy with the German industry association GDV earlier this year (see January edition of The Insurance Insider).
    07 March 2005
  • Solvent schemes boosted by DAP and Reliance decisions
    Supporters of solvent schemes of arrangement have received a series of welcome boosts following July’s High Court refusal to approve the British Aviation Insurance Company (BAIC) scheme, citing concerns that some policyholders were not being given...
    10 October 2005
  • 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
  • Marsh rolls over in response to Spitzer’s charges
    Marsh has submitted to Eliot Spitzer’s shock 14 October allegations of price-fixing by replacing its chief executive Ray Groves and revealing that it will no longer charge insurers contingent commissions, often known as Placement Service Agreements (PSAs)
    18 October 2004
  • Endurance set to be IPO pioneer for UK hopefuls
    The heavy-hitting private equity investors in Bermudian and London insurers will watch Endurance's planned $250mn initial public offering on 28 February with great interest. Endurance Specialty Holdings, formed in the post 9/11 capacity crunch with $1.
    01 February 2003
  • Buffett - don't mention the Gerling
    Insurance stocks on both sides of the Atlantic wobbled on 10 March as investors nervously digested Warren Buffett's remarks in his annual letter to Berkshire shareholders. In contrast to his remarkably bullish comments on Berkshire Hathaway, he lashed
    01 March 2003
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