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  • Wintherthur International America Insurance Co, a subsidiary of XL Capital, has filed a suit against aviation parts manufacturer Goodrich Corp after it claimed for lost revenues due to the 11 September attacks.
  • US insurer John Hancock has filed a class-action complaint against 27 Enron directors and officers and auditor Arthur Andersen in a Houston Federal Court.
  • ‘Unicover’ litigation causes continuing uncertainty over Zurich Re “spin-off” Zurich Financial Services, the global giant who has seen its share price slump after a February profits warning and disappointing March year ends, is considering a public off
  • In an effort to boost profitability St Paul's is planning a dramatic reduction in its International underwriting operations, which may include its non-Lloyd's UK operation, and to greatly reduce its reinsurance business including dropping Aviation and Cre