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  • SCOR in buoyant mood
    French reinsurer SCOR continued its return to profitability as it announced an 18 percent rise in net income to EUR72mn in its first half results for 2005 at the beginning of the month.
    12 September 2005
  • Segal sentencing postponed
    The sentencing of flamboyant insurance executive Michael Segal was postponed from 6 April to 29 June last week under a motion approved by the US District Court for the Northern District of Illinois.
    14 March 2005
  • Equitas: Asbestos claims continue to rise
    Equitas are still facing a rising tide in asbestos claims according to their results for the first six months of 2001.
    01 December 2001
  • Moody’s boosts three Syndicates
    Ratings agency Moody’s has upgraded the outlook for Markel Syndicate 3000, Munich Re Syndicate 457, and Beazley Syndicates 623 and 2623.
    16 June 2003
  • Hardy share price suffers on profits warning
    Lloyd’s specialist helicopter insurer Hardy Underwriting Group Plc announced last Friday (4 March) that it has made strong profits on its Syndicate 382’s 2002 year of account, but warned that it expects to make pre-tax profits of £8mn when it reports its
    07 March 2005
  • SCOR bounces back
    French reinsurer SCOR continued its return to profitability as it announced an 18 percent rise in net income to EUR72mn in its first half results for 2005 last Thursday (1 September).
    05 September 2005
  • SEC subpoenas AIG auditor PwC
    The Securities & Exchange Commission subpoenaed American International Group’s auditor PricewaterhouseCoopers (PwC) last week to examine whether the professional services firm played any role in the allegations of accounting improprieties which have encir
    04 April 2005
  • Madrid skyscraper causes $108mn damage
    The biggest fire in Madrid’s history caused estimated damage of $108mn, according to reinsurance broker Guy Carpenter. The fire gutted a 32-floor skyscraper in the Spanish capital’s finance district on 12 February. Madrid’s fourth tallest building, the Wi
    21 February 2005
  • Supreme court rules on EL
    A recent decision by the US Supreme Court on environmental liabilities could have profound consequences for the insurance industry, analysts at Morgan Stanley have warned.
    20 December 2004
  • Correction – JLT
    In the January 2005 edition of The Insurance Insider, we refer to the JLT executive Jonathan Marland as the Conservative MP for Somerton & Frome. This is a mistake. He is the Conservative candidate for Somerton & Frome.
    24 January 2005
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