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There are 69,005 results that match your search.69,005 results
  • Broking giants count cost of Spitzer
    Both Aon Corporation and Willis Group Holding Ltd – the second and third largest global brokers respectively – demonstrated the ongoing cost of the investigations into broker compensation practices when announcing their 2004 financial results last week.
    14 February 2005
  • AIG: premiums grow but finite probe casts pall on good news
    World’s largest insurer AIG said last week that its fourth quarter results included a net post-tax charge of $126.9mn, or $0.05 per share, in connection with late reported losses from hurricanes and typhoons in the third quarter.
    14 February 2005
  • Monument appoints COO
    Broker Monument Limited has announced the appointment of David Campbell as chief operating officer.
    14 February 2005
  • Argenta swallows Anton
    Argenta Private Capital Ltd has formally taken over the ongoing business of Anton Private Capital leaving only three remaining Lloyd’s members’ agencies.
    14 February 2005
  • New life reinsurer takes to Bermudian waters
    Start-up life reinsurer Wilton Re has been assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-” by AM Best, following the company’s launch in December 2004.
    14 February 2005
  • Fairfax posts 2004 loss
    Canadian combine Fairfax Financial Holdings painted a mixed picture of its fortunes last week by announcing 2004 fourth quarter net earnings of $5.6mn, undercut by a net loss of $17.8mn for the full year. Despite this, the company insisted it “ended the y
    14 February 2005
  • European giants upbeat on renewals
    Swiss Re echoed the upbeat message of Hannover Re today (14 February) with chief financial officer Ann Godbehere saying: “The hard market is definitely not over”
    14 February 2005
  • Fitch spoils XL’s party with mooted downgrade
    Bermudian giant XL Capital had its positive fourth quarter and year-end earnings release marred last week by an announcement from rating agency Fitch that it may slash the company’s debt ratings.
    14 February 2005
  • WTC ruling opens door to increased BI claims
    Fallout from WTC litigation continued apace last week when a federal appeals court ruled that the janitorial service for the buildings destroyed in the 9/11 attacks could claim as much as $127mn from Zurich American Insurance Co on its business interrupti
    14 February 2005
  • PCS reveals extent of 2004 cat losses
    2004’s status as a record year for catastrophe losses was underlined last week when figures released by ISO’s Property Claim Services (PCS) unit revealed that US P&C insurers paid out $27.3bn in claims to homeowners and businesses over the course of the y
    14 February 2005
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