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There are 67,631 results that match your search.67,631 results
  • Chairman & ACE settle at the "courthouse door"
    A week after Axis Specialty confirmed it had raised $1.6bn and will begin underwriting from its Bermuda base in December, its chief executive John Charman and his former employers ACE have settled their dispute over Charman’s termination agreement.
    01 December 2001
  • Wellington to sponsor London based underwriting vehicle
    Wellington Underwriting plc has announced that the Group's managed syndicate 2020 plans to double its underwriting capacity to $1bn for 2002, and that the Group was examining the options available to raise the capital needed to support the growth of the b
    01 December 2001
  • SVB increases loss estimate by 50 percent
    Embattled Lloyd's insurer SVB are the latest carrier to increase their loss estimates to the 11 September attacks.
    01 December 2001
  • Enron: Insurance exposed after financial guarantees
    Speculation is mounting over the insurance industry's exposures to Enron - the giant US energy group that filed for bankruptcy protection last week. While initial fears concentrated on possible D&O and professional indemnity losses, concerns are rising ov
    01 December 2001
  • Lloyd's increases loss estimates to £1.9bn but claims minimal exposure to Fortress Re
    As widely predicted, Lloyd's increased its estimated net exposures to the WTC attacks by forty-five percent from £1.3bn to £1.9bn. As a consequence, the market has increased its estimated losses for the 2000 year from £0.7bn to £1.49bn. And increased its
    01 December 2001
  • Copenahagen Re ceases
    Long term London market player, Copenhagen Re (Cop Re), the reinsurance subsidiary of Danish insurance group Alm Brand, has become the first major provider of Lloyd's syndicate reinsurance to succumb to the losses of the 11 September World Trade Centre at
    01 December 2001
  • Catlin plans $750m injection
    Massive boost for Lloyd's, but Names can't benefit Stephen Catlin, the former dentist and chief executive of Catlin Underwriting Agencies Ltd, is negotiating a $750mn capital boost in Catlin Westgen Group Ltd, the holding company of Catlin Underwriting
    01 December 2001
  • Sun sets on Fortress Re
    The impending collapse of the Japanese backed Fortress Re pool with over $2.3bn liabilities has increased fears of bad debt in the international aviation market Anybody “that writes airline business will be affected by this, some in a very big way. Hun
    01 December 2001
  • Lloyd's to be given ultimatum
    Overseas investors form new association to demand radical change in the market's structure and cost base which could see the demise of traditional Names Heavyweight Lloyd's insurers are demanding that the market radically restructure, giving rise to fe
    01 December 2001
  • Inside Letters - Slayden Support
    Gentlemen, I enjoy your publication and appreciate the general quality and forthrightness of the editorial; very refreshing and often enlightening. I regret therefore that I must take you to task over a very short insert in your latest issue.
    01 December 2001
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