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There are 69,298 results that match your search.69,298 results
  • Solvency II flounders
    The approval of a Solvency II (SII) directive by the European Union Council of Economic and Finance Ministers (ECOFIN) that excluded all reference to group support and group supervision was widely criticised...
    09 December 2008
  • Aspen leads $175mn Lehman Brothers Japanese loan fraud cover
    Aspen Insurance leads the primary layer cover for Lehman Brothers on the bankers' blanket bond policy that could cost the troubled financial institutions market $175mn.
    09 December 2008
  • Retro crunch as rates leap on capacity shortage
    With reinsurers attention increasingly focussed on protecting precious capital on balance sheets, buyers of retro look like facing some of the tightest market conditions of recent years.
    09 December 2008
  • Aon to back Stone Point PE wholesale aggregator launch
    Aon Corp is poised to invest in Sharebridge Holdings, the soon-to-be launched vehicle that aims to funnel the vast insurance spend of companies controlled by the private equity industry, The Insurance Insider can reveal.
    09 December 2008
  • Cash becomes king
    The events of the last months have served as a harsh reminder of the old adage that when times get hard, nothing counts more than cash in the bank.
    09 December 2008
  • London News Digest
    Flagstone paid £36mn for Marlborough; GAUM leads Airbus A320 loss; Hyperion buys Benfield unit; Xchanging bullish with (re)insurance wins
    09 December 2008
  • Limit v AXA: A 'salutary tale' of two treaties
    A 2007 ruling that Lloyd's Syndicate Limit No 2 misrepresented its policy in two facultative reinsurance contracts with AXA (then Albingia) was overturned by the Court of Appeal on 13 November in a judgment that...
    09 December 2008
  • Second Marsh bid-rigging trial begins
    The criminal trial of three former Marsh Inc executives began on 1 December; the latest legal proceedings since the fateful day on 14 October 2004 when Marsh was struck by the then New York attorney general Eliot Spitzer's...
    09 December 2008
  • Aon ordered to pay $24mn in misrepresentation case
    A US District Court has ordered Aon Ltd, a division of Chicago-based insurance broking giant Aon Corporation, to pay $24mn to United National Insurance Company (UNIC) for misrepresenting reinsurance risks in the 1990s.
    09 December 2008
  • BMS and CJ Coleman settle bitter dispute
    BMS Group settled with former senior employees and rival London market broker CJ Coleman (CJC) in the middle of trial proceeds over claims of conspiracy and gross breach of duty that were being heard in the UK High Court last month.
    09 December 2008
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