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There are 68,963 results that match your search.68,963 results
  • Montgomery leaves DLA
    Specialist insurance lawyer Nigel Montgomery is leaving DLA Piper Rudnick to head up a new team at US law firm Sidley Austin’s London office. Montgomery has a background in insurance restructuring, focusing on schemes of arrangement and business...
    27 February 2006
  • Quanta complies following board appointments
    Bermudian-headquartered (re)insurer Quanta has appointed Roland Baker and Robert Shapiro to its board of directors. Both men were also appointed to the board’s audit committee, Baker will join the compensation committee while Shapiro will join the...
    27 February 2006
  • Cigna loses workers’ comp carve-out arbitration
    The legacy of the infamous workers’ compensation carve-out saga of the late nineties came back to haunt US healthcare insurer Cigna Corp last week after an adverse ruling from a London arbitration panel rule.
    27 February 2006
  • Minnesota sues AIG for $10mn
    Insurance giant American International Group (AIG) is facing a lawsuit from Minnesota attorney general Mike Hatch, raising the spectre of further action from states dissatisfied with AIG’s recent $1.6bn payout. Hatch is seeking up to $10mn...
    27 February 2006
  • Judgment awaited in JLT film finance trial
    The film finance trial between defunct insurer HIH and its broker JLT Risk Solutions came to an early conclusion last week. As predicted in this month’s The Insurance Insider the trial ended early after the withdrawal by of fraud allegations by HIH.
    27 February 2006
  • QBE posts record profits despite stormy year
    Australian-based (re)insurer QBE declared an increase in final dividend from 30 cents to 38 cents a share after announcing record results, with pre-tax net profit up 37 percent to A$1.5bn. After-tax operating profits were up 27 percent from...
    27 February 2006
  • Hyperion almost doubles profits; boosted by £5.1mn capital placement
    Fast expanding Hyperion Insurance Group reported a double boost today with the announcement of an almost doubling of profits followed by news of a £5.1mn capital placement in the insurance group. Hyperion reported full-year profits of £4.03mn for...
    27 February 2006
  • Platinum profits blown away
    Bermudian Platinum Underwriters Holdings became the latest reinsurer to announce hurricane-affected losses in its fourth quarter and full-year results for 2005. Platinum reported net losses of $103.3mn, or $1.94 per basic common share, and a net loss..
    27 February 2006
  • Advent increases Wilma loss estimates
    Lloyd’s reinsurer Advent Capital (Holdings) plc has increased its Hurricane Wilma net loss estimates and is predicting a midpoint loss of 77.5 percent of capacity on its Syndicate 780’s 2005 underwriting year. The catastrophe reinsurance specialist...
    27 February 2006
  • Wellington makes $190mn cash call
    Lloyd’s listed insurer Wellington Underwriting plc revealed Friday (24 February) that its underwriting agency will make a cash call to capital providers on its Syndicate 2020 of $190mn as a result of last year’s hurricanes.
    27 February 2006
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