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Cigna loses workers’ comp carve-out arbitration
The legacy of the infamous workers’ compensation carve-out saga of the late nineties came back to haunt US healthcare insurer Cigna Corp last week after an adverse ruling from a London arbitration panel rule.
27 February 2006
Brokers’ forecasts for 2004
It’s not just analysts who made their predictions for 2004 – brokers also took a view on business conditions over the next 12 months. For Aon, the New Year was about resolutions – and to back up the message it published a "to-do" list for the insurance
01 January 2004
Major management reshuffle at Swiss Re
Stefan Lippe is to become Swiss Re's deputy CEO and COO, replacing Andreas Beerli, the reinsurance giant has announced.
10 July 2008
US windstorm rates leap on futures market
Closing prices for 2008 US cat windstorm losses leapt nearly six percent yesterday on the derivatives platform Insurance Futures Exchange Services (IFEX) signalling that traders think there is a greater chance of a major windstorm loss next year.
07 December 2007
AWAC facing probe from Texas attorney general
Bermudian (re)insurer Allied World Assurance Company (AWAC) has revealed that it is under investigation by the Texas attorney general for restraint of trade and other business practices.
26 June 2006
Insider Vital Insurance Statistics
Floods, Floods Glorious Floods - Royal & Sun Alliance See A Silver Lining To All Those Rain Clouds One would think that the worst flooding to hit the UK for half a century would be a source of misery for Royal & Sun Alliance. After all it's Britain's s
01 December 2000
US sports MGA sells for $73mn
Illinois-based sports underwriter Pro Financial Services Inc was sold last week for $73mn - the equivalent of over seven times "base" earnings.
17 September 2007
Chartis to pay over £4mn to UK insurers after disputed claim
Chartis Insurance UK has been ordered to pay out over £4mn including legal fees to a group of UK insurers following a legal battle over property insurance claims from the developers of a waste recycling plant, The Insurance Insider can reveal.
14 May 2012
Numis remains positive on GoshawK
Numis Securities, the house broker to quoted Lloyd’s insurer GoshawK, is maintaining a bullish outlook on the company’s prospects, despite the shock 3 July profits warning.
21 July 2003
Terrorism risk rises in 2005
World’s second largest broker Aon has revised its annual Terrorism Risk map to reflect an increase in the risk of terrorism across the globe.
18 April 2005
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