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There are 68,996 results that match your search.68,996 results
  • Aon PA WTC dispute settled in favour of London Market reinsurers
    Case turns on definition of "authorised business trip" clause. The Aon WTC personal accident dispute has been settled in favour of the London Market reinsurers, according to a judgement released this morning.
    22 April 2005
  • Inter-Ocean sinks into run-off
    Bermudian finite reinsurer Inter-Ocean has become the first corporate casualty of New York attorney general Eliot Spitzer's probe into the use of finite reinsurance with the news that it has ceased writing new business and is now in run-off.
    19 April 2005
  • AIG faces pension lawsuits
    Troubled insurance giant American International Group (AIG) is facing a $400mn lawsuit from America's two largest public pension funds as they seek to reclaim money lost as the company's stock plummeted in the wake of accounting revelations, according to
    19 April 2005
  • Greenberg stays silent over $500mn
    Spitzer says Buffett not a target as Greenberg pleads the Fifth. Ousted American International Group (AIG) boss Maurice "Hank" Greenberg was advised to plead the Fifth Amendment as he and Berkshire Hathaway founder Warren Buffett were interviewed by re
    19 April 2005
  • Greenberg cuts AIG ties; banning order served
    Maurice "Hank" Greenberg was effected forced to resign as chairman of American International Group after the New York Attorney General gave an ultimatum to the company, The Insurance Insider understands.
    19 April 2005
  • Willis agrees $50mn Spitzer settlement
    Following in the footsteps of its larger rivals Marsh Inc and Aon Corp, Willis has settled investigations into its business practices by New York attorney general Eliot Spitzer, the State's acting insurance superintendent Howard Mills and Minnesota's atto
    19 April 2005
  • London News Digest - April 2005
    In our regular monthly News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
    19 April 2005
  • Lloyd's rides hurricane losses and Central Fund settlement
    World's oldest insurance market Lloyd's announced annual profits for 2004 of £1.36bn, 28 percent down on the £1.89bn it booked in 2003. But in the light of net claims of £1.2bn from the devastating US hurricanes that hit the Caribbean and Florida last
    19 April 2005
  • AIG: The screw tightens
    In a torturous month for the insurer, we examine the difficulties facing Martin Sullivan As the weeks pass since the departure of the patriarchal Maurice "Hank" Greenberg from the company he built into the world's largest insurer, so the size of the...
    19 April 2005
  • Bermudians remain calm in the eye
    Bermudian reinsurers were "stirred, but not shaken" by 2004's unprecedented hurricane and typhoon season, with return on equity down just 5.8 percent on 2003's figure, according to the latest Bermuda Quarterly report from broker Benfield.
    19 April 2005
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