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There are 68,874 results that match your search.68,874 results
  • Tryg offers Chevanstell reassurance
    Scandinavian insurer Tryg Vesta has responded to fears that its UK (re)insurance subsidiary, Chevanstell Ltd - formally Tryg-Baltica International (UK) Ltd (TBI UK) - may be insolvent. After years of underwriting losses, TBI UK was placed into run-of
    01 June 2004
  • Problems mount at Pender
    With writs flying and claims accruing, Cable &Wireless' ill-conceived foray into insurance may cost the telecoms firm and the London market dearly... Fears are growing of another multi-million pound insurance scandal, this time involving UK telecoms co
    01 June 2004
  • Moody’s downgrades Swiss Re
    Moody’s announced last week that it had downgraded giant reinsurer Swiss Re’s insurer financial strength and senior debt ratings from Aa1 to Aa2 and its subordinated debt rating to A1 over concerns of the sector’s earnings prospects and Swiss Re’s ability
    01 June 2004
  • Agencies affirm Alea’s A-
    KKR-backed Bermudian Alea received a strong endorsement from AM Best and Standard & Poor’s (S&P) last week as the rating agencies affirmed their A- stable outlook financial strength ratings on the (re)insurer.
    01 June 2004
  • Xchanging’s ‘phenomenal’ deal with Deutsche Bank
    The British outsourcing company Xchanging is on the way to becoming a “global phenomenon” following its €40mn deal with Deutsche Bank, claims company founder David Andrews.
    01 June 2004
  • XL taps thirst for weather derivatives
    Bermudian (re)insurer XL will be praying for good weather this summer after revealing its subsidiary XL Trading Partners has tied up a derivative deal with Corney and Barrow Wine Bars in London to pay out if there’s a shortage of hot days.
    01 June 2004
  • Moody’s ups Amlin 2001 to A1
    Lloyd’s listed insurer Amlin received a boost last Thursday (17 May) as Moody’s upgraded its financial strength rating on Syndicate 2001 from A2 to A1.
    01 June 2004
  • WIF reinsurance buyers selective on Lloyd's
    As delegates headed for tea on day two of the World Insurance Forum in Bermuda, reinsurance buyers briefly turned their heads to the "old chestnut of Lloyd's". Christian Milton, chief reinsurance buyer for giant insurer AIG, confirmed he still uses the
    01 June 2004
  • Cox departure stuns market
    Rationale questioned as Cox answers back to reserving concerns... The sudden departure of Neil Utley as chief executive of Lloyd's motor insurer Cox on 11 June was met with surprise and shock. The move, and the unusually candid comments from senior
    01 June 2004
  • Bermuda: Industry giants warn on rate cutting
    Underwriting disclipline is strong theme at Bermuda's World Insurance Forum as evidence mounts of growing rate cuts... Talk at the recent World Insurance Forum in Bermuda was of battening down the hatches in readiness for a downturn already gaining mom
    01 June 2004
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