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There are 68,964 results that match your search.68,964 results
  • RenaissanceRe under ratings watch
    Troubles mount as company receives Wells Notice AM Best has placed Bermudian reinsurer RenaissanceRe and its subsidiaries under review with negative implications for financial strength and debt ratings.
    10 October 2005
  • Alleged Pender fraud laid bare
    Cable & Wireless captive was ‘surrounded in secrecy and protected by lies’ Allegations of fraud, conspiracy and obfuscation were laid out in the Royal Courts of Justice earlier this month with opening submissions by telecommunications firm...
    10 October 2005
  • Katrina forcing change in underwriting cycle; reinsurance requires rethink
    With a general consensus that the impact of Hurricanes Katrina and Rita on the (re)insurance sector will be “market-changing”, industry observers are beginning to comment on just how the underwriting cycle and rating environment might change.
    10 October 2005
  • GoshawK shares plummet
    Shares in Bermudian insurer have dropped alarmingly by over 30 percent this month in the wake of substantial Katrina losses and poor results from the first-half of 2005. At the beginning of September shares in Goshawk were trading at over 36p on...
    10 October 2005
  • Lloyd's broker in multi-million Pound fraud allegation
    The City of London police are conducting an investigation into allegations of fraud at Lloyd’s broker Besso Ltd after the company discovered irregularities in some client funds’ accounts, The Insurance Insider can reveal.
    10 October 2005
  • Aon UK to cut up to 750 jobs
    Aon UK has confirmed that it is to lose up to 750 jobs in a major restructuring of its Risk Services and Specialty divisions. As revealed by Insider Week on 26 September, the broker is to place its employees into “consultation” which is expected to...
    10 October 2005
  • Greenberg returns with new private equity arm
    The former MMC chief executive Jeffrey Greenberg has established a private equity investment company Aquiline Investment Group that will back insurance and financial services companies, The Insurance Insider can reveal.
    10 October 2005
  • Marsh in Olympic win
    Leading broker Marsh has been chosen to provide insurance consulting and risk management services for the 2008 Olympic Games in the Chinese capital, Beijing. Marsh will team up with the China Sports Insurance Broker Company to provide services for...
    10 October 2005
  • BMS outlines plans for International arm
    Reinsurance specialists BMS Group have restructured their international arm BMS International Intermediaries Ltd and appointed Tom Gleis as managing director to replace the departed Steve Higginson.
    10 October 2005
  • Converium commutes liabilities
    Swiss reinsurer Converium has commuted net reserves of almost $250mn relating to the liabilities of Converium Reinsurance (North America) Inc during the third quarter of this year.
    10 October 2005
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