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There are 68,317 results that match your search.68,317 results
  • Spirals on trial - Sphere Drake's victory in the UK High Court this summer has significant ramifications for industry practices
    Set deep within the gothic splendours of the Royal Courts of Justice, Court room 21 was the stage for a London revival last year - the unravelling of an elaborate insurance fraud. After a year-long trial, including an exhausting 110 days in court, the jud
    01 August 2003
  • Bermudians continue to climb - Established set solid standards; start-ups catching up with soaring growth
    ACE performs within expectations ACE reported $371mn of net income for the second quarter, dwarfing the $104mn figure for the same period last year. However, excluding net realised gains (losses), the figure was $286mn against $229mn last year. This
    01 August 2003
  • Dancing with bears: AIG in Russia
    Introducing a new column about the Russian insurance industry (“Dancing with bears”), John Helmer begins by analysing AIG’s investment funds ... A notable French medical researcher recently conducted an experiment with the drug Viagra on twelve men, wh
    01 August 2003
  • Lloyd’s set to lower levies
    Cost base will reduce in 2004 as Lloyd’s responds to investor pressures Lloyd’s is set to lower the levies it charges capital providers in response to calls that its fee structure is making the market uncompetitive against some of its rivals. The S
    01 August 2003
  • Hub withdraws from Near North purchase
    North American broker group Hub International Ltd has withdrawn from a proposed acquisition of the Near North National Group - the second time in under a year that take-over talks have collapsed at the 11th hour.
    01 August 2003
  • US power loss
    Although the power outage that affected much of New York, the Eastern United States and Canada will inevitably result in losses to the insurance industry, they are unlikely to be significant. This was the analysis of Morgan Stanley insurance analyst W
    01 August 2003
  • Hub steps in to purchase Near North
    Canadian broker Hub International Ltd has stepped in to purchase Near North National Group weeks after Near North’s management agreed the sale to private equity firm Frontenac.
    28 July 2003
  • R&SA: US property casualty arm next?
    Last week saw increased speculation that slimmed down UK general insurer Royal & Sun Alliance (R&SA) is hawking its US property and casualty business to potential buyers.
    28 July 2003
  • Everest Re not peaking yet
    Bermudian (re)insurer Everest Re reported a striking increase in net income last Tuesday, the second quarter up 105.1 percent to $109.6mn from $53.4mn last year.
    28 July 2003
  • Start-ups continue to set the pace but competition fears are growing
    Last week’s first round of half year results from Bermudian post 9/11 start-ups signalled an even stronger performance than last quarter. However, there were signs that increased competition is starting to drive down rates in some specialty reinsurance li
    28 July 2003
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