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Rating agencies win Ohio trial
On the same day McGraw-Hill was issued the Wells notice, Standard & Poor's (S&P) was celebrating a legal victory in Ohio, along with fellow rating agencies Fitch and Moody's.
04 October 2011
S&P in SEC’s crosshairs over CDO ratings
The Securities and Exchange Commission (SEC) is considering sanctioning Standard & Poor's (S&P) for allegedly violating federal securities laws, according to regulatory filings...
04 October 2011
Aspen plans global excess casualty unit in Dublin
Bermudian reinsurer Aspen Insurance Holdings Limited is to launch a global excess casualty underwriting unit based in Dublin.
15 October 2007
IG fights back over Aon P&I criticisms
The International Group of P&I (protection & indemnity) Clubs (IG) has fought back over criticisms by broker Aon of its reinsurance renewal.
31 March 2008
But fears grow on declining conditions in the US
Despite Benfield’s upbeat assessment, fear of an imminent and prolonged soft market, have led to analysts at US investment house Lehman Bros downgrading their views on the property and casualty sector.
14 June 2004
ZFS outperforms on P&C strength
Insurance giant Zurich Financial Services (ZFS) last Thursday (17 August) reported half-year net profits of $1.96bn, up 9 percent on the first six months of 2005, and ahead of analysts’ consensus of $1.8bn.
21 August 2006
Microsoft in London market initiative
Microsoft has teamed up with six insurance IT firms in a bid to provide a "one-stop-shop" for the London market.
03 March 2008
JLT in talks to buy London broker
Jardine Lloyd Thompson (JLT) looks set to continue its strategy of bolt on acquisitions after it emerged that the firm is in advanced talks to buy the London market (re)insurance broker Harman Wicks & Swayne (HWS).
27 May 2008
Low losses mean record profits for Aspen
Low catastrophe losses drove Bermudian (re)insurer Aspen Insurance Holdings Ltd to a record quarter, it reported yesterday (1 November).
02 November 2007
Gerling upgraded following cash injection
Rating agency Standard & Poor’s upgraded Gerling General Insurance Company (GKA) last week to BBB (outlook positive) from BBB- (outlook positive), following Gerling’s recent EUR150mn cash injection.
27 October 2003
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