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There are 68,875 results that match your search.68,875 results
  • WTC trial mark II set for October
    The second stage of the World Trade Center trial between WTC leaseholder Silverstein Properties and nine remaining insurers is scheduled to begin on 11 October 2004.
    05 July 2004
  • AT&T issues $139mn writ over 9/11 insurance claims
    Telecommunications giant AT&T has filed a lawsuit against 15 insurers over allegedly unpaid property damage and business interruption claims relating to 9/11.
    05 July 2004
  • Ratings agencies post mixed message on If
    Ratings agencies Moody’s and Standard and Poor’s (S&P) have taken opposing stances on Finnish financial services company Sampo’s increase in its stake in pan-Nordic insurer If to 90 percent from 38 percent in February 2004.
    05 July 2004
  • Admin Re adds Windsor Life to stable
    Giant reinsurer Swiss Re kicked off the third quarter of 2004 by revealing it is further expanding its Admin Re business in the UK by sealing a £333mn cash deal for Life Assurance Company Limited, including its life insurance subsidiary Windsor Life.
    05 July 2004
  • Atrium on track for 14% profit on 2002 account
    Lloyd’s insurer Atrium has posted an upbeat outlook on current trading conditions in its latest AGM, with an increase in profit forecast on the 2002 year of account to 14.1 percent.
    05 July 2004
  • Fitch: jury out on Bermudian start-ups
    Despite their “extraordinarily strong results”, the post 9/11 insurance start-ups which flocked to Bermuda have still to prove they can maintain their performances in the long-term.
    05 July 2004
  • Buffett seals White Mountains investment
    Fast growing White Mountains announced last Wednesday (30 June) that Warren Buffett’s investment giant Berkshire Hathaway had completed its previously announced exercise of warrants to buy common shares in the (re)insurance group.
    05 July 2004
  • Legacy losses continue to haunt SVB
    “Volatile” US liability reinsurance drags down Lloyd’s insurer’s financial performance Losses at the discontinued liability reinsurance, healthcare and third-party liability units of specialist insurance group SVB Holdings are continuing to hit operati
    05 July 2004
  • SCOR refinances debt
    SCOR’s EUR180mn 4.125 percent senior unsecured “OCEANE” bond has been assigned a “BB” rating by Fitch, matching the French reinsurer’s long-term rating.
    05 July 2004
  • Halliburton takes $615mn asbestos charge
    US engineering group Halliburton revealed that its earnings will be impacted by a $615mn charge because of lower than expected recoveries from its insurers following its $4.2bn settlement with 400,000 asbestos claimants.
    05 July 2004
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