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There are 68,118 results that match your search.68,118 results
  • Arbitrage market on tenterhooks
    Participants anxiously await verdict in mammoth Sphere Drake/SCB “arbitrage” trial "There is no way that I can reach a judgement that will not result in the finding of the gravest dishonesty against someone. But so be it." This chilling phrase was
    01 March 2003
  • Insider Shorts - Silverstein "undermined" by City Hall
    Larry Silverstein, the World Trade Center leaseholder, has complained that New York City officials are undermining his position as he campaigns for a $7bn settlement from his insurers.
    01 February 2003
  • Insider Shorts - UBS Warburg bullish on reinsurance rates
    As we approach the heart of the European reporting season, UBS Warburg has warned that investors will have to wait another year before reinsurers' results properly reflect the improved rating environment.
    01 February 2003
  • Calls grow for US tort reform
    Pressure for comprehensive legal reform in the US has grown with the American Bar Association (ABA) voting to back asbestos limit caps and the asbestos reform bill was introduced in the US Senate. This after President Bush called for changes to medical ma
    01 February 2003
  • Fitch mixed on Lloyd's
    Fitch, the rating agency, has affirmed the 'A-' financial strength rating of Lloyd's, but has retained the market's negative outlook. While Lloyd's capacity might have leapt to a record high of £14.4bn there are still some problems ahead, argues the ag
    01 February 2003
  • Calling in the cash - Laptop scrutinises the cash call system as Lloyd’s managing agents send out their latest demands
    It has become customary to add to the woes of syndicate members by declaring losses not only when an account is due to close after 36 months; but also at quarterly intervals at any point in the normal three-year life of an account, or thereafter during th
    01 February 2003
  • 2002 results - Analysis on the big brokers’ 2002 year-ends; plus exclusive results coverage including ACE,Wellington, Chubb and Axis
    Marsh turns on the pressure As one of the first brokers to reveal their 2002 results, Marsh's 16 percent increase in organic growth put the pressure on its broker rivals who didn’t always measure up when they followed. Overall the results of Marsh's
    01 February 2003
  • More losses at troubled Trenwick
    Embattled insurer Trenwick Group posted devastating fourth quarterlies to unveil a $386.1mn loss for the year. A loss was inevitable even before the insurer announced a $107mn boost to its reserves for the fourth quarter. The reserve boost, which followed
    01 February 2003
  • Greenberg bullish in uncertain times
    A War in Iraq would make little impact on AIG claimed ceo Hank Greenberg to industry analysts this month. Asked about a possible conflict he commented, "Our business in the middle east is not huge. We have both life and non-life operations, and neither
    01 February 2003
  • Endurance set to be IPO pioneer for UK hopefuls
    The heavy-hitting private equity investors in Bermudian and London insurers will watch Endurance's planned $250mn initial public offering on 28 February with great interest. Endurance Specialty Holdings, formed in the post 9/11 capacity crunch with $1.
    01 February 2003
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