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Halliburton and Equitas reach $575mn asbestos settlement
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 for its pre-1993 liabilities.
02 February 2004
Lloyd's close to agreeing next CEO
Outsiders led by Dr Ward head short-list. As the short-list of candidates to become the next Lloyd’s chief executive undertake their final presentations, it is likely the three hundred-year-old Society will be in a position to announce...
16 February 2006
Novae pulls out of Chaucer talks
Lloyd’s insurer Novae Group has pulled out of merger discussions with rival Chaucer Holdings.
11 March 2009
Insider Vital Insurance Statistics
Aegon Price 38.30 P/E 30 Price/NAV 3.67 1 mnth perf -3.3% 3 mnth perf 14.9% Performance at the Dutch insurance giant Aegon still looks solid.When the company reported its full year results overall reported earnings were up by 26 per cent and the in
01 June 2000
Up-for-sale Alea UK enters bid shortlist
Bermuda-based property and casualty reinsurer in run-off Alea Group has put its UK arm up for sale, with the process already entering the next stage of bidding, The Insurance Insider can reveal.
08 June 2009
CIC policyholders to be compensated
The 1,700 policyholders who bought insurance from the unauthorised insurer CIC will receive compensation following a UK High Court decision last week.
06 November 2006
International News Digest - April 2004
In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
01 April 2004
Hendrick to take Duclos role as XL insurance chief
Greg Hendrick is taking over from Dave Duclos at the head of XL Group's insurance business from the start of next year.
30 November 2011
WTC: Silverstein case tested under examination
Insurers are pleased with initial developments as faults appear in arguments of WTC leaseholder Silverstein and broker Willis WTC leaseholder Silverstein Properties and reinsurer Swiss Re finally made it to court last month to decide whether the 9/11 a
01 March 2004
Richards Butler faces $1.6mn write off as SCB applies for Chapter 11
The parent of disgraced broker Stirling Cooke Brown has applied for Chapter 11 bankruptcy protection while revealing that its largest creditor is London law firm Richards Butler.
22 December 2003
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