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There are 68,872 results that match your search.68,872 results
  • Workers’ compensation victory earns cautious welcome
    Last week saw victory for Californian governor Arnold Schwarzenegger in his crusade to reform the state’s troubled workers’ compensation system, as a landmark bill was passed with an overwhelming 77-3 vote in the State Assembly and 33-3 in the Senate.
    19 April 2004
  • Spitzer probes Marsh over PSAs
    MMC is facing the prospect of a further, unwelcome regulatory probe as the New York Attorney General Elliot Spitzer examines commission payments charged by insurance intermediaries such as Marsh, the world’s largest insurance broker.
    19 April 2004
  • Humphreys resigns from AEGIS
    Diana Humphreys, the managing director of the utility mutual Associated Electric & Gas Insurance Services Ltd’s (AEGIS) London arm, has suddenly resigned from the company.
    13 April 2004
  • Moody’s upbeat on Hannover Re
    Strong performance from German reinsurer Hannover Re has been rewarded with an upgrade to a positive ratings outlook from Moody’s.
    13 April 2004
  • $110mn Putnam deal confirmed as Marsh’s Greenberg takes NYSE post
    Marsh & McLennan Companies (MMC) chairman Jeffrey Greenberg has followed in his father’s footsteps by being appointed to a prestigious position on the New York Stock Exchange’s (NYSE) executive board.
    13 April 2004
  • Lloyd's £1.9bn profit; Central Fund up 38%
    Lloyd's last week announced record profits of £1,892mn on the back of a benign loss environment and high premiums. The profits, recorded on a pro-forma annual accounting basis, represent a 127 percent increase on 2002's figure of £834mn.
    13 April 2004
  • Kiln's 77% combined ratio 'leads market'
    In the same week that Lloyd's posted earnings of £1,892mn, specialist London market insurer Kiln announced its own set of record annual profits. In a statement released on 6 April the insurer said pre-tax earnings for 2003 had reached £33.1mn, up from 200
    13 April 2004
  • AM Best sings Cathedral’s praises
    Cathedral managed Lloyd’s Syndicate 2010 had its ‘A-‘ (Excellent) rating affirmed by AM Best last Tuesday (7 April).
    13 April 2004
  • R&SA sell-off continues with Polish sale
    UK insurer Royal & Sun Alliance has continued its programme of selling its overseas units by revealing last week that it has agreed to sell its 81.8 percent stake in its Polish life subsidiary, T U na Zycie Royal PBK S.A. (Royal PBK), after purchasing the
    13 April 2004
  • Willis builds Chinese presence
    Willis revealed last week that the Chinese Insurance Regulatory Commission (CIRC) had approved its 50 percent acquisition of Shanghai Pudong Insurance Brokers Ltd, giving the group a significant strategic platform to exploit the region’s growth potential.
    13 April 2004
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