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Willis joined in Pender Valentine case
Interim judgement reveals Plumeri's involvement in legal controversy.
21 June 2005
Steady SVB trading update meets mixed response
SVB Holdings, the Lloyd's insurer battling against its legacy liability exposures, issued a steady trading statement last week but still saw its corporate broker downgrade the company’s full-year earnings forecast.
30 August 2005
Lloyd’s investment funds for private capital
Lloyd’s members’ agency CBSPC has launched a new investment fund for private capital.
13 June 2005
SCA downgraded to junk: concern over impact on XL
Embattled Security Capital Assurance Ltd (SCA) has fought back over its downgrade to junk status by Fitch Ratings, as analysts continue to warn over the knock-on impact on 46 percent owner XL Capital.
07 April 2008
RBS Insurance culls 100 managers in restructure
Royal Bank of Scotland Insurance (RBSI) has culled 100 middle managers as part of its ongoing restructuring that aims to align its disparate brands and prevent them undercutting each other.
18 February 2008
Dinallo in talks with SCA over capital raising
New York State insurance superintendent Eric Dinallo is in talks with XL Capital’s troubled affiliate Security Capital Assurance Ltd (SCA) over its capital raising plans.
28 April 2008
Marsh offload Crump
Marsh & McLennan Companies Inc (MMC) announced last Wednesday (7 September) that is to sell Crump Group Inc. wholesale broking business of its Marsh Inc unit to a of J.C. Flowers & Co affiliate.
12 September 2005
AIG reaches $115mn shareholder settlement
A $115mn settlement in the litigation brought by New Orleans Teachers' Retirement System against four former AIG chief executives and CV Starr & co has been preliminarily approved by Delaware Chancery Court.
22 October 2008
Dewey & LeBeouf opens Dubai office
Recently merged New York law firm Dewey & LeBoeuf LLP has opened a full service office in Dubai, with a primary focus on corporate finance.
14 January 2008
US shareholders settlements continue to climb following WorldCom deal
Despite being at an all-time high, US shareholder class action settlements are continuing to rise because of the impact of the mega WorldCom and Enron cases which are setting new standards for shareholder compensation.
25 July 2005
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