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There are 69,015 results that match your search.69,015 results
  • Hannover Re on target despite hurricane losses
    Germany’s Hannover Re reported third quarter figures stung by the recent catastrophic windstorms in the US and Japan, with operating profit of just €32.6mn for the quarter, compared to €216mn for the same period last year. The group’s quarterly €20.4mn ne
    15 November 2004
  • Marsh profits down; 3000 jobs to go
    Another difficult week for Marsh and its parent company MMC, as it announced falling profits and 3,000 job losses.
    15 November 2004
  • David Mann joins Hardy Underwriting
    David Mann, the founder of the eponymous Lloyd’s insurer, is to join the board of the specialist Lloyd’s based Hardy Underwriting Group later this month.
    08 November 2004
  • French ratings stable, says S&P
    The French insurance market is maintaining its stability despite increased pressure on motor rates and a lacklustre economy, according to a report from rating agency Standard & Poor’s (S&P).
    08 November 2004
  • Cox target for bids
    UK motor insurer Cox Insurance Holdings has received a number of bid approaches, the company confirmed yesterday.
    08 November 2004
  • Fairfax ‘overstates’ Watsa ownership in SEC filings
    Q3 results ‘raise more questions than answers’, according to analyst More questions have been raised about the accuracy of financial reporting at Canadian holding company Fairfax.
    08 November 2004
  • Bush victory opens door to TRIA extension and Tort reform
    Analysts and lobbyists hail election result The re-election of George Bush in last week’s presidential elections will give added impetus to efforts to extend the Terrorism Risk Insurance Act (TRIA) in 2005, according to Charles Landgraf, a leading lob
    08 November 2004
  • Marsh moves to collect $230mn in contingent commissions
    Despite being characterised by Eliot Spitzer as a practice that “rigs bids, stifles competition and cheats customers,” Marsh confirmed last week that it is moving to collect up to $230mn in contingent commissions which it says it is owed by insurers.
    08 November 2004
  • Spitzer sackings continue – ACE and Marsh commit to new standards
    While MMC’s Jeffrey Greenberg and his Marsh Inc colleague Ray Groves were the first two casualties of Spitzer’s assault on practices in the P&C industry, they were followed last week by a wave of sackings among the companies implicated in the attorney gen
    08 November 2004
  • Converium’s CFO steps down
    There were more developments at besieged Swiss reinsurer Converium last week with the news that Group CFO Martin A Kauer had handed in his resignation and would be leaving the company early 2005.
    08 November 2004
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