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There are 69,007 results that match your search.69,007 results
  • SVB plans to ring-fence US losses
    Lloyd's insurer aims to exorcise US casualty spectre in bid to avoid run-off The Lloyd's insurer SVB Holdings Plc is working on a restructuring package that would ring-fence the group from its devastating US casualty exposures, The Insurance Insider c
    01 February 2005
  • Marsh defections continue
    The past month has seen the first serious indications that business may be beginning to desert broker Marsh for its rivals. At the start of February, the broker admitted that Britain's second largest listed insurance company Prudential plc had migrated
    01 February 2005
  • Guilty pleas mount as probe deepens
    A further three employees have pleaded guilty to criminal charges in connection with bid-rigging investigations by New York attorney general Eliot Spitzer.
    01 February 2005
  • MMC makes peace with Spitzer
    Settlement brings partial closure on commission controversy as focus shifts to implementing new business model It was three months in the making, and involved torturous semantics in the expression of contrition, but Marsh & McLennan's settlement with
    01 February 2005
  • Converium survives renewals
    Lohmann cites ‘long-standing client relationships’ on better than expected showing Converium appears to have survived the the worst of the 1/1 renewals, according to the reinsurer. In a conference call on 17 February, CEO Dirk Lohmann told analysts he
    01 February 2005
  • S&P warns of ZFS downgrade over reserving fears
    $1.6bn strengthening at North American corporate business... Rating agency Standard & Poor’s announced on 17 February that it was placing the ratings of Swiss financial services giant Zurich Financial Services on CreditWatch with negative implications,
    01 February 2005
  • Bermudians post strong showing despite year of storms
    Fitch spoils XL's party with mooted downgrade Bermudian giant XL Capital had its positive fourth quarter and year-end earnings release marred this month by an announcement from rating agency Fitch that it may slash the company's debt ratings. Fitch'
    01 February 2005
  • Aon votes for golden parachute
    Aon's senior executives will now be in line for a substantial pay-off, if there is a change of control in the company.
    01 February 2005
  • Insurers settle with BP Amoco
    Insurers AIG, ACE and Aegis have settled their share of an energy dispute involving oil giant BP. The dispute flared up after Swiss Re, AIG, ACE, Aegis and AXA refused to pay claims on a series of large energy losses.
    01 February 2005
  • Suncor brings fresh misery for energy reinsurers
    New Year optimism from reinsurers was probably diminished by news of the Suncor Energy loss - which introduced a fresh energy catastrophic loss only months after Hurricane Ivan tore through the Gulf of Mexico devastating oil platforms.
    01 February 2005
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