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There are 40,906 results that match your search.40,906 results
  • Jaffray Names lose 'fraud'case appeal
    The Court of Appeal unanimously rejected the case brought by the so called Jaffray Names against Lloyd's, and upheld the earlier High Court ruling that Lloyd's had not committed fraud.
    01 July 2002
  • R&SA delights with consensus beating Q1s
    UK insurer R&SA offered a ray of sunshine to its long-suffering shareholders with a consensus beating first quarter operating profit of £160mn, way ahead of the £106mn-£134mn forecasts.
    16 May 2005
  • Inside News
    ACE/Cigna $218mn wrangle The glamorous game of mergers and acquisitions is not without its risks, as the recent dispute between ERC Frankona and BAT (British American Tobacco) over its 1998 purchase of Eagle Star Re demonstrates. Buyers often find that
    01 January 2001
  • 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
  • Guilty pleas mount as probe deepens
    A further three employees have pleaded guilty to criminal charges in connection with bid-rigging investigations by New York attorney general Eliot Spitzer.
    01 February 2005
  • Forward into 2001
    The market turn that was expected to bring profitability to the 2000 year of account has been unavoidably delayed by the failure of market forces to react as Lloyd's watchers thought they should. We are about to suffer four losses in a row which might hav
    01 February 2001
  • AIG: American National a "disgrace"
    AIG has lashed out at one of its reinsurers in a strongly worded complaint filed in the US District Court of the Southern District of New York.
    01 March 2002
  • Chubb trumpets record combined ratio
    US insurer Chubb reported fourth quarter 2004 net income of $467.6mn or $2.39 a share last Tuesday (1 February), a significant improvement on the $72.3mn or $0.38 a share it booked in the same period of 2003 as lower asbestos charges and the turnaround of
    07 February 2005
  • R&SA's £2.4bn shortfall
    Royal & Sun Alliance, the embattled UK insurer currently looking for a long-term replacement to its former chief executive Bob Mendelsohn, needs up to £2.4bn to shore up its capital base.
    01 October 2002
  • SVB woes compounded by Reliance PI exposures
    Troubled listed Lloyd's insurer SVB has blamed a £41.94mn cash call to comply with US Trust Fund requirements, which do not allow credit to be taken for any recoveries that may be made under existing reinsurance programmes, for the reduction in its 2002 u
    01 February 2002
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