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There are 68,371 results that match your search.68,371 results
  • Parmalat’s $50mn D&O cover may be voided by insurers
    Insurers providing Parmalat’s $50mn directors and officers’ liability protection may seek to void the cover for misrepresentation, according to sources.
    05 January 2004
  • R&SA appoints Culmer
    Royal & Sun Alliance, the UK’s second largest non-life insurer, has appointed George Culmer to replace Julian Hance as the Group chief financial officer.
    05 January 2004
  • Benfield boldly goes
    Brokers Benfield Group, has acquired a further 43 percent of the world’s only dedicated space insurance intermediary, International Space Brokers (ISB).
    05 January 2004
  • Fortress Re crumbles after $1.12bn award
    Japanese backer Sompo establishes fraud at controversial US aviation reinsurance The three Japanese insurers who discovered they owed more than $3bn after backing a North Carolina managing agency won a significant victory in the United States last mo
    01 January 2004
  • Quanta set for $600mn IPO
    New Bermudian based (re) insurance group Quanta Capital is set to raise over $600mn in an initial public offering, despite being in existence for only matter of months. On the 24 December 2003, Quanta filed a Form S-1 registration with the US Securiti
    01 January 2004
  • More satellite losses bring further woe to sector
    Another loss struck year for the troubled space insurance sector was rounded off in farcical fashion with the revelation that a Loral-built SPAINSAT satellite was “dropped” during testing, leading to a potential $95mn claim on the London cargo market.
    01 January 2004
  • Lloyd's Council election hits stumbling block
    Despite a growing trend to avoid the vulgarity of contested seats by pre-selecting suitable candidates, the annual Lloyd's Council election often fires up a controversy or two and this year is no exception.
    01 January 2004
  • Lloyd’s consolidation continues
    Average syndicate grows to record size as Lloyd’s insurers get bigger. The trend for ever-larger trading units at Lloyd’s has continued with the average syndicate capacity size now £227mn, up from the previous record of £203mn last year. According
    01 January 2004
  • Brokers’ forecasts for 2004
    It’s not just analysts who made their predictions for 2004 – brokers also took a view on business conditions over the next 12 months. For Aon, the New Year was about resolutions – and to back up the message it published a "to-do" list for the insurance
    01 January 2004
  • The Return of Irrational Exuberance - The Thrill is Gone, suggests David Schiff
    The insurance business appears quite good these days. Premiums have gone up sharply for several years. Reasonably well-capitalized property-casualty companies have to do something very wrong to achieve poor accident-year results. You'd probably call this
    01 January 2004
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