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There are 67,384 results that match your search.67,384 results
  • WTC: Insurers optimism grows
    Silverstein appeals pro-insurer decision but Judge hints at sympathy for WTC carriers The (re)insurers exposed to the WTC programme reacted with relief to US District Judge Martin’s decision that an R&SA subsidiary, the Hartford and St Paul cannot be s
    01 October 2002
  • AIG shares fall on lower profits
    Shares in American International Group (AIG) fell 5 percent late last week as investors sold stakes following a 16 percent drop in first quarter net income to $3.2bn on Wednesday (10 May).
    15 May 2006
  • Securities lawsuit settlements reach 10-year low
    Court-approved settlements on US securities class action lawsuits fell to $1.36bn in 2011, the lowest level in more than 10 years.
    19 March 2012
  • NFIP: One extension down, two more to go
    Meanwhile, US lawmakers temporarily averted yet another lapse of the National Flood Insurance Program (NFIP) after the US House of Representatives agreed a one-week extension for the indebted progamme.
    04 October 2011
  • Q3 profits down at AIG
    American International Group (AIG) reported a 36.1 percent drop in income when it announced its restated third quarter results on 14 November. Net income was down to $1.71bn, or $0.65 per diluted share, during the quarter from $2.68bn, or $1.02 per...
    21 November 2005
  • Former MMC chief takes NY public integrity role
    Former Marsh & McLennan (MMC) president and CEO Michael Cherkasky has been named chairman of the New York State Commission of Public Integrity.
    18 May 2009
  • SCOR proclaims oversubscribed bond issue
    French reinsurer SCOR has heralded last Wednesday's (19 July) launch of its EUR350mn subordinated bond issue to part-fund its Revios acquisition a "great success".
    24 July 2006
  • Imagine exec to head Hiscox Bermuda
    Imagine Group Holdings Ltd's chief underwriting officer Robert Forness is to leave the (re)insurer to head up Hiscox Bermuda, The Insurance Insider revealed today (21 July).
    21 July 2008
  • Castlewood ties up Aioi Europe deal
    Bermuda-based run-off company Castlewood Holdings, together with Shinsei Bank, has bought Aioi Insurance Company of Europe (Aioi Europe) for £62mn. Aioi Europe, a London-based subsidiary of Japanese insurer Aioi Insurance Company, wrote the...
    09 January 2006
  • R&SA continues turnaround of ongoing operations
    As UK insurer Royal & Sun Alliance (R&SA) continues the hunt for a solution for its discontinued operations in the US, it revealed last week that it also plans to sell part of its ongoing business with the divestment of its non-standard auto unit.
    14 March 2005
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