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There are 68,881 results that match your search.68,881 results
  • Benfield: European and Bermudian balance sheets stand firm in face of hurricanes
    Despite heavy losses from the devastating round of North Atlantic hurricanes and Japanese windstorms that swept through the third quarter this year, European and Bermudian reinsurers stood firm with balance sheets surviving largely unscathed, according to
    29 November 2004
  • WTC verdict: Jury still out
    Jury deliberations into the second round of WTC insurance litigation will continue from Tuesday after the jury was unable to reach a verdict last week.
    29 November 2004
  • Doubts raised in Fairfax finite arrangements
    Questions have again been asked about the long-term viability of Canadian holding company Fairfax Holdings, this time in relation to its finite reinsurance arrangements.
    29 November 2004
  • Amlin gets away debt issue, replaces LOC
    Lloyd’s insurer Amlin announced last Wednesday (24 November) that it has restructured its debt, raising $50mn in subordinated debt and signing a new £30mn ($57mn) 12-month term loan facility with Lloyd’s TSB, replacing its existing $90mn Letter of Credit
    29 November 2004
  • Chaucer hires international binders team
    Lloyd’s insurer Chaucer announced today (29 November) it had hired a new international binders underwriting team for the property division of its Syndicate 1084, with William Alderton at the helm.
    29 November 2004
  • SVB reports improved 2003, but 2002 deteriorates
    Lloyd’s insurer SVB announced updated forecasts for its Syndicates today (29 November) revealing further deterioration on the troubled 2002 year, which soaked up £8.1mn of the £103.6mn loss provision it set up at 30 June 2004 to contend with its discontin
    29 November 2004
  • McGill’s resignation focuses attention on JLT’s US strategy
    The removal of Jardine Lloyd Thompson Group’s chief executive Steve McGill following last Friday’s profits warning (26 November) will again focus attention on the insurance broker’s US expansion strategy.
    29 November 2004
  • AIG reaches preliminary settlement over finite deals
    AIG announced last week (23 November) that it has reached an $80mn preliminary settlement with the US Department of Justice (DOJ), and submitted a settlement offer to the Securities and Exchange Commission (SEC) that will see it pay $46mn into a disgorgem
    29 November 2004
  • Kiln boosts capacity
    Lloyd’s insurer Kiln has announced increased capacity for 2005 and stable or improving forecasts for open years for all four of its managed syndicates.
    29 November 2004
  • Spitzer shorts
    We document the latest developments in the regulatory investigations into broker remuneration practices, sparked by the New York attorney general’s 14 October complaint against MMC
    29 November 2004
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