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There are 69,015 results that match your search.69,015 results
  • Fitch ups Lloyd's to 'A'
    Recent upgrades and hurricane impact expected to produce more, better business Fitch Ratings gave Lloyd's a further boost last Friday (24 September) as it upgraded the market's financial strength rating from "A-" to "A" with a stable outlook - less th
    28 September 2004
  • Slimmed down Converium close to hugely discounted rights issue; looks for a buyer for US run-off arm
    Embattled reinsurer Converium is close to carrying through a heavily discounted $420mn rights issue that the company hopes will enable it to continue trading as an independent entity.
    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
  • More evidence of a difficult year at Cox
    A difficult year for motor specialist Cox continued last week with a set of interims that saw a halving of pre-tax profits to £13.7mn from £28.3mn for the same period in 2003.
    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
  • Ivan roars but losses lower than first feared
    But third major US hurricane in a month avoids New Orleans; creates lower than predicted loss scenario An energetic storm season continued unabated last week with the landfall of Hurricane Ivan, the third major hurricane to hit the US in the space of
    20 September 2004
  • Converium arranges fronting for Global aviation pool
    The embattled Swiss based reinsurer Converium revealed last week that Berkshire Hathaway unit National Indemnity Company and Munich Re will providing fronting insurance for its 27.25 percent share of the Global Aerospace aviation pool.
    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
  • 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
  • Insider shorts
    Wellington chief buys £500,000 shares Wellington Underwriting’s new chief executive Preben Prebensen acquired almost £500,000 worth of his company’s shares earlier this month.
    20 September 2004
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