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There are 69,015 results that match your search.69,015 results
  • 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
  • NAIC close to bolstering broker disclosure requirements
    The National Association of Insurance Commissioners will host a public hearing later this week to consider comments on its proposals to toughen up brokers’ disclosure requirements on commissions.
    29 November 2004
  • Willis ups ante in post Spitzer approach
    Willis plays aggressive independence card Willis Group, the global insurance broker tipped by many to benefit from the Spitzer fall-out, has been aggressively marketing itself as a non-conflicted alternative to the mega-brokers Marsh and Aon.
    29 November 2004
  • FSA censures The Underwriter; fines Rutter
    The UK Financial Services Authority (FSA) has censured The Underwriter insurance company and fined its former CEO Keith Rutter £20,000 for circumventing FSA regulations in 2001 and 2002.
    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
  • 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
  • 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
  • Japanese insurers expand in London; Aioi & Tokio Marine set up London operation
    World’s largest insurer AIG has announced the acquisition of the insurance portfolio of the Royal & SunAlliance (R&SA) branch operations in Japan by its subsidiaries American Home Assurance Company and AIU Insurance Company.
    22 November 2004
  • R+V wins London fraud dispute
    A heady cocktail of collusion, doctored documents and “implausible” testimony has come to light after judgement was handed down last week in a fraud dispute between German reinsurer R+V and former Lloyd’s managing agency Risk.
    22 November 2004
  • MMC culls board insiders
    The beleaguered broking giant MMC took further steps to improve its corporate governance rating by firing five senior executives from its board of directors last week.
    22 November 2004
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