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There are 69,024 results that match your search.69,024 results
  • St Paul Travelers surprises with mammoth $1.6bn reserve charge
    Recently merged commercial insurance giant St Paul Travelers confounded observers last Friday (23 July) with a supercharge, announcing a $1.625bn reserve boost ahead of second quarter results.
    26 July 2004
  • ZFS in nursing home troubles – again
    According to reports last week, Zurich Financial Services (ZFS) faces more than $500mn in debts after a Texas bankruptcy ruling that the Swiss company had part ownership in failed nursing-home operator Senior Living Properties.
    19 July 2004
  • Lloyd’s brings binding authority under LMP umbrella
    Lloyd’s announced Friday (16 July) that all slips placed under binding authority agreements will have to meet London Market Principles (LMP) standards from the start of 2005.
    19 July 2004
  • IIS survey points to brighter business outlook
    New market opportunities are creating a more positive business outlook than at any time in the past three years, the most recent International Insurance Society (IIS) survey of insurance executives has revealed.
    19 July 2004
  • Insurers warned of emerging environmental threat
    Equity analysts from Morgan Stanley have reinforced concerns over insurers’ exposure to environmental liabilities, suggesting current reserves are “priced for perfection”, and warning that claims for Natural Resource Damages (NRDs) should be looming large
    19 July 2004
  • HIH to plead film finance fraud against JLT
    The defunct Australian insurer HIH Casualty & General will be able to allege fraud against its broker JLT Risk Solutions over controversial film finance losses written in 1997.
    19 July 2004
  • News in brief
    Anglo-American scheme increase The joint scheme administrators of Anglo American Insurance Company, KPMG partners Tony McMahon and John Wardrop, revealed that the payout percentage has climbed yet further from 85 percent to 90 percent.
    19 July 2004
  • Markel International comments on AM Best rating
    Specialist property and casualty insurer Markel International has welcomed the confirmation of its "A-" (Excellent) rating, with a stable outlook, by ratings agency AM Best.
    19 July 2004
  • WTC judge imposes confidentiality order
    World Trade Center leaseholder Larry Silverstein succeeded in persuading US district court judge Michael Mukasey to issue a “confidentiality order” over mediation discussions between the remaining ten insurers.
    19 July 2004
  • More disposals at R&SA
    UK insurance group Royal & Sun Alliance (R&SA) has announced the sale of its Pakistan based business to the International General Insurance Company of Pakistan Limited for a consideration of around £700,000 to be paid in cash.
    19 July 2004
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