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There are 68,878 results that match your search.68,878 results
  • AIG faces SEC action over SPV transactions
    The legacy of Enron continues to haunt the world's most valuable insurance company, with news last week that US regulators may file a civil action against American International Group over its dealings with PNC Financial Services Group.
    28 September 2004
  • Hardy reduces capacity on increased RBC ratio; strong interims
    Hardy Underwriting revealed the extent of Lloyd's determination to ratchet up its capital requirements by explaining that Syndicate 382's risk based capital ratio (RBC) is likely to climb from a current 42 percent to 58.3 percent next year.
    28 September 2004
  • US bail bond claims hit GoshawK
    GoshwawK, the parent of Bermudian reinsurer Rosemont Re, has revealed that it is the latest insurer to face exposure to controversial US bail bond losses.
    28 September 2004
  • Hiscox scales back de-emption plans following hurricanes
    Lloyd's insurer Hiscox plc is scaling back its plans to shrink the size of its Syndicate 33 in response to the hurricanes which have already caused an estimated $20bn of insured loses.
    28 September 2004
  • Hurricane fatigue sets in as Florida takes another battering with Jeanne
    US storms set to hit 3Q earnings with industry losses set to rise above $20bn The state of Florida took yet another battering this week in what is turning out to be one of the worst hurricane seasons on record. This time it was the turn of Hurricane J
    28 September 2004
  • Hurricanes hit AXA Re P&C ratings
    AXA Re Property and Casualty Company (AXA Re P&C) became the first ratings casualty of the trio of storms hitting the South Eastern corner of the United States as AM Best revealed today (20 September) its decision to downgrade the reinsurer’s financial st
    20 September 2004
  • SVB feels pain of discontinued business but upbeat on the present
    Following on from last month’s 25 percent share price fall on news of deterioration from its run-off US legacy exposures, Lloyd’s insurer SVB released mixed results in its latest interims.
    20 September 2004
  • US property/casualty dines out on last morsels of the hard market
    US property/casualty insurers prospered in the first half of 2004, posting underwriting profit of almost $9bn, substantially up on the same period of 2003, according to a report published today (20 September) by ratings agency AM Best.
    20 September 2004
  • Benfield recruits Swiss Re chief
    A trend gathering pace? Benfield Group has become the latest broker to recruit from a reinsurer with the appointment of former Swiss Re chief Patrick Murphy-O’Connor to its management team.
    20 September 2004
  • Fitch takes view on Japanese life market; Best rates Sompo
    Rating agency Fitch has assigned Insurer Financial Strength (IFS) ratings to six Japanese life insurance companies.
    20 September 2004
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