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There are 68,883 results that match your search.68,883 results
  • Willis continues overseas expansion with Mexico acquisition
    Willis Group Holdings revealed today (20 December 2004) that it has bought the business of the Mexico insurance broker Maisterrena Asesores.
    20 December 2004
  • Japanese insurers buy stakes in Chinese agent
    Japanese insurers Sompo Japan Insurance Inc and Aioi Insurance Co Ltd have each taken a 3 percent stake in a company formed by People’s Insurance Company of China Property and Casualty Co (PICC), the largest non-life company in China. Each insurer has in
    20 December 2004
  • AIG hit by Michigan pension fund lawsuit
    World’s largest insurer AIG is being sued by the State of Michigan for $30mn in losses on its pension fund resulting from the company’s stock falling on allegations that it aided accounting fraud by other companies, and its involvement in the Spitzer prob
    20 December 2004
  • St Paul confirms Jubilee talks
    Lloyd’s managing agent St Paul Syndicate Management Ltd (SPSM) has confirmed that it is in exclusive negotiations for the sale of its Cassidy Davis life Syndicate 779 to fellow Lloyd’s managing agency Jubilee, and hopes to complete the deal by 18 February
    20 December 2004
  • Guy Carpenter commits to full disclosure to maintain clients in 2005
    With the renewal season in full fling, Marsh’s reinsurance arm Guy Carpenter has committed itself to providing full disclosure to the fees it earns on reinsurance placements.
    20 December 2004
  • Rosemont Re upgrades storms losses
    The Bermudian reinsurer Rosemont Re warned last week that its 2004 result is likely to be break even at best after upgrading the loss estimates from this year’s storms.
    20 December 2004
  • Insurance Institute: 2005 to be first US underwriting profit since 1978
    2004 would have been the best year for the US P&C industry “in decades” were it not the for the third quarter storms, but next year is set to become the first year to witness an underwriting profit since 1978.
    20 December 2004
  • Aon opens new front with ABC
    As first reported in December’s edition of Insider Week sister publication The Insurance Insider, brokers Aon has gone public with Aon Broking Connections (ABC), its integrated electronic messaging platform.
    20 December 2004
  • MMC alleviates liquidity concerns with $3bn credit agreement
    Troubled broking giant MMC finalised $3bn of financing last week soothing fears of a liquidity crunch as the firm strives to settle with the New York attorney general Eliot Spitzer.
    20 December 2004
  • Lloyd’s shrinks in response to falling rates
    Lloyd’s revealed last week that its 2005 global capacity is likely to shrink a higher than expected 9 percent to £13.7bn in response to falling rates.
    20 December 2004
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