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There are 67,393 results that match your search.67,393 results
  • AIG's bear market - Bringing on the bad news by David Schiff
    On Monday 3 February at 8:23 p.m., AIG announced that it would take a $2.8 billion pretax charge ($1.8 billion after tax) to boost loss reserves, primarily for excess casualty and D&O claims from the 1997 to 2001 accident years.
    01 February 2003
  • Positive outlook for Marsh
    Brokers Marsh & McLennan has “restructured, refinanced and refocused its sales force” and is ready to grow again after suffering a rough year post-Spitzer, according to an analyst. Morgan Stanley analyst William Wilt said he sees the company as a...
    05 December 2005
  • Greek bond exchange won’t impact insurers
    European insurers are unlikely to lose out if they take part in a proposed bond exchange that will devalue Greek sovereign debt holdings, ratings agency Moody's said.
    28 July 2011
  • FSA reveals scheme threshold test
    UK regulatory body the Financial Services Authority (FSA) has warned that its endorsement of proposed schemes of arrangement is not a "foregone conclusion" and it will continue to push back on "arbitrary formulaic offers" that do not sufficiently protect
    10 March 2009
  • Snowball takes on Australian turnaround challenge
    Former Aviva Group executive Patrick Snowball has been appointed as CEO of struggling Australian financial services group Suncorp-Metway, effective 1 September.
    06 July 2009
  • Brokers trade up on Illinois contingent move
    The share prices of the big three brokers were clearly influenced after the decision by Illinois regulatory authorities to allow AJ Gallagher (AJG) to again negotiate contingent commissions.
    11 August 2009
  • User-Pays revisted
    User-pays was heavily criticised. Lloyd’s insists that the process has been reformed but Laptop argues there is still much to be done In December 1997 Lloyd's announced the introduction of “User Pays”. One of the aims was to remove “the subsidisation
    01 June 2001
  • JLT Re to go live in 2006
    Jardine Lloyd Thompson group plc plans to separate its reinsurance division into a new trading operation, JLT Re, that will begin trading next year as the broking group continues its drive to grow its reinsurance market share.
    01 August 2005
  • UK liability continues to attract start-ups
    Converium receives licence to write UK liability while British Government gives heart to insurance industry In the week that saw the UK Government acknowledge the recent surge in liability premiums, the Swiss based reinsurer Converium revealed that it
    09 June 2003
  • Davies, Saville resign from Kinnect
    Lloyd's has confirmed today (14 September) the resignation of Toby Davies and Iain Saville as CEO and executive chairman of Kinnect respectively.
    14 September 2005
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