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There are 69,015 results that match your search.69,015 results
  • St Paul Travelers plans board cull
    Nine months into its merged existence, US insurer The St Paul Travelers revealed last week (16 December) that it plans to slash the size of its board from 23 to a proposed 13 members.
    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
  • Atrium forecasts improve
    Lloyd’s insurer Atrium announced improvements in its latest syndicate forecast updates last Tuesday (7 December), along with a fall in estimates for losses from the hurricane season.
    13 December 2004
  • Levene takes on second term
    Lloyd’s has announced that Lord Levene will serve a second term as chairman of the corporation.
    13 December 2004
  • Frankel gets reduced sentence on co-operation pledge
    Insurance fraudster Martin Frankel was sentenced to a reduced 17 years imprisonment last week after he promised to help the US authorities track down the $200mn he stole from a series of insurance companies.
    13 December 2004
  • Cigna hit by hidden commissions fine
    US insurer Cigna has announced that it will pay the State of Connecticut more than $870,000 after an investigation by state attorney general Richard Blumenthal revealed it had concealed improper commission payments to a broker.
    13 December 2004
  • Spitzer admits to political ambitions
    One of the world’s worst kept secrets finally became public last week when New York attorney general Eliot Spitzer announced plans to run for state governor.
    13 December 2004
  • Faraday team start new life at Oxygen
    Oxygen, the London market intermediary start-up formed this year, (see Insider Week No 142), last week announced the first team to join its Sian Fisher headed agency business.
    13 December 2004
  • Reinsurance disputes continue to grow
    (Re)insurers’ profitability continues to be threatened by the uncertainty of reinsurance disputes, a leading US lawyer has warned.
    13 December 2004
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