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There are 68,801 results that match your search.68,801 results
  • Starr wars: Hank strikes back over report access
    The last month has seen several developments in the protracted and increasingly acrimonious divorce proceedings between American International Group (AIG) and the company's former chief executive Maurice “Hank” Greenberg.
    15 March 2006
  • Marsh UK scraps final salary pension scheme
    Supplementary benefits withdrawn for all but highest earners. Marsh UK is in the process of scrapping its final salary pension scheme for its staff and ceasing supplementary benefits for all but the highest earners, our sister title Insider Week...
    15 March 2006
  • Bulked-up Benfield upbeat on prospects
    In stark contrast with JLT, reinsurance broker Benfield Group impressed analysts early March with a positive outlook on conditions although, as expected, its cost base impacted margins. Group revenue rose 6.8 percent from £303.5mn in 2004 to...
    15 March 2006
  • ZFS reveals record results
    Swiss giant Zurich Financial Services (ZFS) reported a strident set of 2005 figures on 16 February, delivering record operating profit of $3.95bn – a 32 percent rise on 2004.
    15 March 2006
  • Return of kidnap broker causes alarm
    Andrew Askham, a colourful kidnap and ransom broker, is attempting a return into the London market The recent attempt by a colourful kidnap and ransom (K + R) broker to return to the London market has set alarm bells ringing on Lime Street.
    15 March 2006
  • Foreman steps down; consolidation speculation steps up
    Months after Lloyd’s insurer Wellington Underwriting plc stunned shareholders with two loss updates in the space of ten days came the announcement that its chief underwriting officer David Foreman was to retire.
    15 March 2006
  • Quanta backers in bid to form new $220mn Bermudian reinsurer Castlepoint
    Friedman, Billings, Ramsey Group Inc, the US investment bank which launched Quanta Capital Holdings Ltd in late 2003 before being embroiled in a controversy over the insurer’s demise, is in the throes of forming a new $220mn Bermudian headquartered...
    15 March 2006
  • The Cologne Re downgraded to A
    Rating agency Standard & Poor’s (S&P) announced today (13 March) that it has downgraded The Cologne Re of Dublin (TCR) from AAA to A following its parent Berkshire Hathaway’s decision to put it into run-off last December. The reinsurer, which wrote...
    13 March 2006
  • Heath Lambert appoints finance director
    UK broker Heath Lambert Group appointed Nigel Thomas as group finance director on 9 March. Thomas joined Lowndes Lambert in 1995 and was involved in the financial aspects of the Lowndes Lambert/Fenchurch Group merger and the subsequent Lambert...
    13 March 2006
  • NAIC sets collateral decision deadline
    The fate of the campaign by non-US reinsurers to have onerous collateral requirements relaxed for business written in the US should be known by the end of 2006, after the National Association of Insurance Commissioners (NAIC) finally set itself a...
    13 March 2006
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