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There are 68,330 results that match your search.68,330 results
  • AM Best downgrades Hannover Re to A
    The downward ratings migration of major reinsurers continued last week with the AM Best reduction of Hannover Re’s financial strength rating to A from A+.
    03 November 2003
  • California brushfires loss spreads wide
    The devastation reaped by the Californian brushfires will be spread throughout the US P&C sector, according to analysis by stockbrokers Collins Stewart.
    03 November 2003
  • R&SA results strengthened by restructuring; weakened by reserve charge
    Royal & SunAlliance (R&SA) disappointed in November with a set of results that showed earnings at the lower end of expectations for the first nine months of 2003. The UK's second largest insurer, which announced a £960mn rights issue in September, also
    01 November 2003
  • CIC in FSA probe
    Centennial Insurance Company (CIC), revealed by The Insider in September as a new entrant to the UK professional indemnity (PI) market with a chequered past and debatable security, is understood to be the subject of a Financial Services Authority (FSA) en
    01 November 2003
  • Europeans continue to suffer
    Munich Re misses analyst expectations by EUR277mn Munich Re missed analysts' expectations by a significant margin in its third quarter results for 2003. The world's largest reinsurer said on 25 November that it had made Q3 net profit of EUR152mn - w
    01 November 2003
  • US results strong but legacy issues still
    CNA's $1.5bn reserve boost Insurer CNA announced a massive $1.5bn post-tax reserve boost in its third quarter results on 12 November. The increase in reserves pushed the company into the red, with third quarter losses of $1.76bn, or $7.94 a share, c
    01 November 2003
  • Gerling’s own goal with football finance
    The extent of the insurance industry's exposure to structured football finance was under the spotlight again this month following the publication of Premiership football club Leeds United's full year results. The results, which have been described as t
    01 November 2003
  • A 'merger of equals' - but some mergers are more equal than others
    St Paul takes strength as Travelers takes on baggage Hailed as a "merger of equals" by the management of both parties, the proposed joining up of US insurance giants Travelers and St Paul has met with a tepid response from some observers, with question
    01 November 2003
  • GoshawK avoided capital punishment more than two years ago
    GoshawK's defunct Syndicate 102 successfully appealed a capital loading penalty that could have prevented losses falling on the Central Fund, The Insider can reveal. Syndicate 102 was finally placed into run-off on 31 October, after a gruelling year wh
    01 November 2003
  • JLT set to acquire HLF aviation team
    JLT, the world's fifth largest insurance broking group, are in advanced talks to acquire rival HLF's aviation team, The Insider can reveal. HLF's well regarded aviation team is led by Nigel Weyman. Sources suggest he is set to join JLT together with a
    01 November 2003
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