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There are 68,328 results that match your search.68,328 results
  • 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
  • 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
  • Boeing 702 saga continues as capacity squeezed
    Over two years after Boeing officially announced an endemic fault on its 702/GEM telecommunications satellites, last-ditch negotiations continue in an attempt to avert a round of litigation that could cost the industry and its insurers dear. Satellite
    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
  • Cycle dominates speakers’circuit
    The build-up to the renewals season was marked by calls at conferences across London for pricing discipline, underwriting profit and an end to gearing by under-reserving. Former Morgan Stanley analyst Alice Schroeder kicked off the season on 3 November
    01 November 2003
  • Markel reserve boost
    US insurer Markel Corporation is set to unveil a third quarter loss of up to $20mn later this week as it joined a list of (re)insurers announcing reserve increases in the third quarter.
    27 October 2003
  • Willis acquires Ital Re
    Willis Group Holdings announced today that it has agreed to acquire the Italian reinsurance broker Ital Re SpA, for an undisclosed sum.
    27 October 2003
  • Chaucer expands with Kiln liability Syndicate
    Quoted Lloyd’s insurer Chaucer Holdings Plc will take over the business and management of Kiln’s professional liability Syndicate 1204, subject to Lloyd’s approval.
    27 October 2003
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