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There are 69,014 results that match your search.69,014 results
  • Pender Mutual collapse strains
    Cover for up to $65bn of telecoms assets may have to be placed on the open market following the collapse in November 2004 of Pender Mutual Insurance Company (PMIC), the Isle of Man based insurer set up to provide cover for Cable & Wireless and other large
    01 January 2005
  • Investors welcome Spitzer settlement news
    MMC investors clearly see resolution with the New York attorney general Eliot Spitzer as the key to resolving the traumas surrounding the broker's remuneration practices, if the share price's reaction is anything to go by.
    01 January 2005
  • Spitzer joins SEC in General Re finite probe
    Little over a week after receiving a request for information on the sale of its "non-traditional or loss mitigation insurance products" from the Securities and Exchange Commission (SEC), Berkshire Hathaway unit General Re revealed that it has been subpoen
    01 January 2005
  • MMC Capital: Close to spin-off?
    MMC is close to restructuring its relationship with its private equity arm, MMC Capital, less than a month after the Securities & Exchange Commission (SEC) requested information about the unit.
    01 January 2005
  • ALAS settles: reinsurers win back commutations
    A second dispute, which went to arbitration in November 2004, saw London market reinsurers victorious in a dispute over professional indemnity reinsurance cover broked by Carvill for the Attorneys Liability Assurance Society (ALAS), a US-based mutual insu
    01 January 2005
  • Insurers sued over bail bond losses
    Capital Bonding founder launches lawsuit despite regulatory actions The controversy over the threat of multi-million dollar US bail bond losses which loomed over various London market reinsurers last year took a new twist this month with news that the
    01 January 2005
  • Down-to-the-wire deal seals FSA approval
    A last-minute agreement was reached this month between the Lloyd's Market Association (LMA) and London Market Insurance Brokers' Committee (LMBC) on the form of the new Lloyd's terms of business agreements (TOBAS). The decision came on 13 January, 2005
    01 January 2005
  • Banc of America boosts MMC with upgrade
    Analysts at Banc of America Securities provided a New Year boost to MMC by upgrading their stance on the world's largest insurance broker from "neutral" to "buy".
    01 January 2005
  • Rivera resigns from ACE USA
    ACE USA chief executive Susan Rivera became the second most high profile casualty from the investigations into insurance industry practices following the ousting of MMC chief executive Jeffrey Greenberg in October 2004 when ACE Ltd announced her resignati
    01 January 2005
  • Lloyd's sues Aon over Swiss Re Central Fund dispute
    Lloyd's has issued proceedings against Aon over the broker's refusal to waive the statute of limitations concerning the Central Fund reinsurance dispute. The Corporation is preparing to enter the second phase of arbitration with Swiss Re and the other
    01 January 2005
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