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There are 40,918 results that match your search.40,918 results
  • AIG records “record” Q2
    US giant insurer AIG has announced sturdy second quarter 2003 figures with profits up 26.4 percent to $2.28bn, against $1.80bn for the same period last year. The six monthly showing saw net income totalling $4.23bn, up from $3.78bn last year.
    28 July 2003
  • Property casualty drives US insurers
    World's largest insurer (by market cap) AIG reported strong second quarter results booking net income up 26 percent on the same period last year on the back of its general insurance and foreign life and pensions operations. Legendary AIG chairman Hank
    01 August 2004
  • St Paul takes $350mn MedMal reserve hit
    Just two months after news of the proposed St Paul Travelers supermerger broke, St Paul admitted last week it would take a $350mn pretax fourth quarter reserve charge to bolster its healthcare business in run-off.
    26 January 2004
  • XL Capital put D&O treaty to tender
    Reinsurance brokers RK Carvill look set to lose a prime $30mn brokerage account after their clients XL Capital put the contract out to tender to three rival firms.
    28 July 2003
  • ‘Judicial Hellholes’ – named and shamed
    The annual report of “Judicial Hellholes” has been published by the American Tort Reform Association (ATRA) naming and shaming the worst jurisdictions in the USA. ATRA defines “Judicial Hellholes” as places where “judges systematically apply laws and..
    03 January 2006
  • Marsh parent faces lawsuits despite initial settlement
    Marsh & McClennan (MMC) and its subsidiary Putnam is facing at least 16 lawsuits over allegations of improper fund trading, it has emerged.
    17 November 2003
  • Fitch Affirms Brit rating
    Ratings agency Fitch has affirmed insurer Brit’s “A” financial strength rating, with a positive outlook, after the firm announced a capital reorganisation.
    26 January 2004
  • Franchise admits lack of progress on process reform
    But Kinnect CEO is upbeat on the venture’s longterm prospects... Business process reform in the Lloyd's market is still at a rudimentary stage and the situation is unlikely to improve within the next two to three years, the Franchise Board's Franchise
    01 June 2004
  • United Airlines sues AIG over 9/11 claims
    United Airlines has filed a $25mn complaint in the US District Court in the Southern District of New York against AIG over the insurer’s refusal to pay for business interruption losses after the 9/11 attacks.
    21 July 2003
  • Halliburton and Equitas reach $575mn
    Lloyd’s run-off reinsurer sees an end to its largest direct liability US engineering firm Halliburton has announced a $575mn (£317mn) settlement of its asbestos exposures with Equitas, the reinsurer established by Lloyd's in 1996 as a run-off vehicle f
    01 February 2004
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