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There are 661 results that match your search.661 results
  • Enron-o-Mania and the Insurance Industry
    The cover of the January 28 issue of Business Week reads “Special Report: Accounting in Crisis.” The crisis, of course, is Enron. It seems that the media are shocked, shocked to discover that many of America’s biggest companies lie, cheat, manipulate thei
    01 February 2002
  • AIG crisis rumbles on
    Financial impact worse than feared as beleagured insurer battles its past. Bitter recriminations between the current and former management of American International Group (AIG) hotted up this month, almost overshadowing the revelation by the embattled.
    13 May 2005
  • Mixed messages on Trenwick MBO
    Despite revelations that Trenwick Managing Agency (TMA) is confident of securing financing to prevent Syndicate 839 sliding into run-off, the rating agency Moody's has downgraded its performance rating on TMA’s $500mn capacity syndicate to C (below averag
    01 June 2003
  • London News Digest - April 2004
    In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
    01 April 2004
  • Does Internet Spell Disintermediation?
    The website of Aon, the world’s second largest broker, is quite something. Not once is there any mention of either broker or broking. Aon, like its great rival Marsh, has seen the future and broking is a dirty word.
    01 March 2000
  • US D&O warning for foreign firms
    The thorny issue of directors' and officers' (D&O) insurance has climbed up the agenda for UK executives. As advisors pick their way through Higgs, directors face soaring premiums and tightening terms and conditions in a capacity sapped market, with many
    01 November 2003
  • Credit derivatives: industry exposed?
    Buffett blast derives credit and criticism. Should (re)insurance investors be concerned? When the Sage of Omaha sounds a warning signal, the insurance world usually tunes in. So when Warren Buffett wrote his annual letter to Berkshire Hathaway shar
    01 April 2003
  • Six Months That Destroyed Independent
    2 January Independent begins the year ostensibly in good cheer. The stock price sat at a record high at 401.5p, valuing the company at almost £1bn and Michael Bright's 6.18% stake at around £60m. But not all was well. In 2000 some of Independent’s rein
    01 July 2001
  • That's Life - Lutine rings for St.Paul's
    At last, the protracted sale of Lutine Life, the services company owned by five Life syndicates, is complete. St. Paul, owners of the managing agency controlling Life Syndicate 779, is paying £8mn. Each of the five member Syndicates (Chartwell 44, Wren 38
    01 November 2000
  • That's Life
    Term life syndicates face additional hurdles, despite personal accident and contingency syndicates writing conceptually similar business.With only one life syndicate open to external members, perhaps its time for a rethink says Laptop.
    01 July 2001
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