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There are 68,337 results that match your search.68,337 results
  • Axis earnings up on strong premium growth
    Bermudan specialty lines insurer Axis Capital Holdings reported a 60 percent increase in Q3 earnings, helped by a more than doubling of gross written premiums.
    11 November 2003
  • Ailing SCOR limps on with loss and rights issue
    Last Thursday (6 November 2003), troubled French reinsurer SCOR announced a loss of EUR349mn for the first nine months of the year as it struggles to cope with prior year adverse development and flagging attempts to commute liabilities from its Bermudian
    11 November 2003
  • Aon hit by another ‘one-off’ loss
    Aon, the world’s second largest insurance broker, saw its net income fall by nearly 10 percent in Q3 2003 on the back of losses at its discontinued automobile finance servicing business, according to its results published last week.
    11 November 2003
  • Illium 4040 gets Lloyd’s green light with underwriting capacity over £80mn
    Liability start-up Illium announced last week that it had received Lloyd’s approval for its Syndicate 4040 to begin underwriting from 1 January 2004 with significant backing from US insurer HCC Insurance Holdings secured.
    11 November 2003
  • Mandatory LMP slip steps up reform pace
    Lloyd’s announced last Friday (7 November) that use of the LMP slip will be mandatory from the beginning of 2004, a move backed by the major market associations and heralded as the crucial first step to streamlining backward business processes.
    11 November 2003
  • XL in Paris
    XL Re Europe announced last week the opening of its Paris underwriting office. The office will underwrite non-life business in France, Belgium and Luxembourg, and will be headed up by the current head of the company’s property department Jeremy Hindle.
    11 November 2003
  • Pickens against federal regulator
    National Association of Insurance Commissioners (NAIC) president Mike Pickens has advocated modernisation of state insurance regulation in the US, but baulked at suggestions that power should be taken away at the state level, as some have suggested with p
    11 November 2003
  • Putnam crisis deepens
    Mutual fund hit by lawsuits, client withdrawals, ratings downgrades
    11 November 2003
  • Rampant Berkshire roars ahead
    Berkshire Hathaway posted a 58 percent increase in third-quarter earnings including investment gains last Friday (7 November).
    11 November 2003
  • Raised capital rebuilds balance sheets not future growth, says ‘cynical’ Fitch
    Fitch Ratings upped the stakes in its robust stance with reinsurers last week when it questioned the motives behind the latest round of capital raising.
    11 November 2003
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