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There are 40,918 results that match your search.40,918 results
  • AXA’s revenues affected by strong Euro and reinsurance withdrawal
    AXA’s 2003 revenues were down 4.1 percent to €71.6bn today (2 February) as the French giant revealed turnover was affected by the strong Euro, the sale of overseas businesses in Australia, Austria and Hungary and its retrenchment from reinsurance.
    02 February 2004
  • ARIG approves dividend
    Shareholders of the Arab Insurance Group (ARIG) have approved the resumption of dividend payments at the company's AGM. Profits were up nearly $22mn last year at ARIG, representing a 19.5 percent return on average shareholders'...
    03 April 2006
  • Thomas Tizzio retires from AIG
    Thomas Tizzio has retired from American International Group (AIG) after 38 years with the company. Tizzio was most recently senior vice chairman of General Insurance and has also held the positions of senior vice president, Reinsurance, president of...
    03 April 2006
  • Arch rises above with Q4 profit increase
    Arch Capital was one of the few Bermudian (re)insurers to book a 2005 fourth quarter profit as it shrugged off relatively light hurricane losses and reported net profits of $100.9mn, or $1.34 a share – and increase on the $107.1mn or $1.45 a share...
    20 February 2006
  • Heritage deals with 1245 bail bond losses
    Despite closing the 2002-year of account on its Syndicate 1200 with a 38 percent profit on capacity, claiming the third best result in the market, listed Lloyd's managing agency Heritage has been forced to leave the year open on Syndicate 1245 due to unce
    17 March 2005
  • Healthy Q1 for Bermudians
    ACE reports record income Bermudian reinsurance ACE limited announced record net income of $489mn for the first quarter of 2006 despite an $80mn charge to cover its settlement with regulators. Post-tax the charge wiped $66mn from ACE's net income...
    04 May 2006
  • Best keeps Catlin on negative despite takeover confirmation
    Apparent tensions between Catlin Group and AM Best have re-surfaced with the rating agency confirming today (20 December) it would maintain its review with negative implications of the insurer’s rating despite the unconditional declaration earlier this we
    20 December 2006
  • Zenith must account to XL for controversial
    Management controlled motor insurer Zenith will have to disclose documents to former owner XL London justifying its controversial reserving on Syndicate 2002, which saw the new owners benefit from a £23.5mn release from reserves months after the sale.
    01 June 2004
  • Heritage blighted by 1245 bail bond losses
    Despite closing the 2002-year of account on its Syndicate 1200 with a 38 percent profit on capacity, claiming the third best result in the market, listed Lloyd’s managing agency Heritage has been forced to leave the year open on Syndicate 1245 due to unce
    14 March 2005
  • Cargo valued at over $300mn on Hyundai Fortune
    The hi-tech cargo of the Hyundai Fortune, a ship that caught fire in the Gulf of Aden last week, has been estimated at upwards of $300mn by broker Aon. An explosion on 21 March ripped a hole in the side of the vessel, blew between 60-90 cargo...
    27 March 2006
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