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There are 68,812 results that match your search.68,812 results
  • Peyrelevade pleads guilty over Executive Life
    Former Credit Lyonnais chairman Jean Peyrelevade has pleaded guilty to charges over false statements made to the US Federal Reserve during the bank’s acquisition of collapsed insurer Executive Life. Peyrelevade made his pleas in court...
    23 January 2006
  • St Paul struck by asbestos appeal blow
    US insurance giant St Paul said it will update shareholders on its asbestos liabilities next week following Friday’s verdict in the US Court of Appeals which reinstated an old asbestos-related insurance suit against the company.
    23 January 2006
  • Endurance makes Bermudian promotions
    Bermudian (re)insurer Endurance Specialty Holdings last week announced Susan Patschak and Christopher Schaper as chief operating officer and head of reinsurance respectively at its Bermudian operating subsidiary.
    23 January 2006
  • Hard Rock sues Swiss Re for Katrina claims
    The owners of the Hard Rock Hotel & Casino Biloxi are suing two of the company’s property insurers for refusing to settle their share of the complex’s $175mn damage claim following Hurricane Katrina.
    23 January 2006
  • PXRE enters second $200mn LOC
    Hurricane hit Bermudian property catastrophe specialist PXRE revealed last week that it has entered into a second $200mn letter of credit facility with Citibank Ireland Financial Services plc. Under the One-year secured facility with Citibank...
    23 January 2006
  • Storms rallies troops at broking giant following difficult year
    Marsh Inc’s new chief executive Brian Storms will spend much of the next month on the road as he travels across the globe to meet his business heads and rally the broking giant’s troops. The former Mercer Human Resource Consulting chief executive...
    23 January 2006
  • Converium overhauls board of directors; key shareholder reduces stake
    Seven changes are expected to Converium’s board of directors when shareholders meet in April for the company’s Annual General Meeting. In keeping with previous indications chairman Peter Colombo will step down from his position on 11 April.
    23 January 2006
  • White and Gilmour elected to Lloyd’s Council
    Veteran London market figure Graham White and Ewen Gilmour, the chief executive of Chaucer Syndicates Ltd, have won the election to become members of the Council of Lloyd’s.
    23 January 2006
  • Aspen removed from ratings review
    Bermudian (re)insurer Aspen has been removed from ratings review with negative implications by AM Best, which has affirmed the firm’s A- (Excellent) financial strength rating. The rating agency also affirmed Aspen’s insurer credit rating of...
    23 January 2006
  • Lloyd’s insurers show wide discrepancies in management share ownership
    Kiln and Wellington head the list of UK quoted Lloyd’s insurers whose management have negligible equity ownership in the companies’ stock, according to research from the securities house Numis Securities. In contrast, the management teams of Hiscox...
    23 January 2006
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