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There are 68,296 results that match your search.68,296 results
  • AXIS to provide excess D&O cover from Bermuda
    Axis Speciality Ltd, the Bermudian insurer formed by John Charman in the aftermath of the 11 September terrorist attacks, announced today (7 July) that it will provide directors & officers liability insurance and other financial lines coverage.
    07 July 2003
  • Insurers win on Wall Street
    Insurers exposed to the myriad of US shareholder class action suits were encouraged by New York courts last week who rejected four lawsuits against Wall Street banks and the dot.com companies they helped IPO in the heady days of the late nineties.
    07 July 2003
  • Hance hits back at Moody's Royal downgrade
    UK insurer Royal and Sun Alliance (R&SA) has fought back against last week’s downgrade by ratings agency Moody’s, expressing its disappointment that “delivered improvements to date are not more fully taken into account.”
    07 July 2003
  • Trenwick withdraws from aviation as MBO imminent
    Trenwick Managing Agency announced last week that it had stopped writing aviation business “with immediate effect”. The firm, which is set to announce a management buyout from its distressed parent Trenwick International later this week, explained in a ma
    07 July 2003
  • Lloyd's looks again at capital base
    Despite Lloyd’s chairman Lord Levene’s recent assertion that “capital is capital. I don’t understand why people should be fixated by a particular type of capital”, the Franchise Board of Lloyd’s has established a Working Group to advise on the Society’s f
    01 July 2003
  • Munich Re takes Chinese bow
    Giant German Munich Re has become the first international reinsurer to receive a nationwide composite operating license in China as penetration into the tightly controlled domestic market gathers pace.
    01 July 2003
  • Pre-emptions set stall for record 2004
    Lloyd’s insurers are continuing to expand suggesting 2004 capacity will exceed £15bn Lloyd’s capacity should breach the £15bn barrier next year as managing agents continue expanding their capital bases to take advantage of the ripe trading conditions.
    01 July 2003
  • Legal odyssey spreads impact wide - The winners and losers of the Sphere Drake
    After an epic dispute that began in early 1999 with the Unicover fall-out, Odyssey Re predecessor Sphere Drake was victorious in the UK High Court earlier this month against the disgraced carve-out brokers SCB. It was one of the most eagerly awaited indus
    01 July 2003
  • Chaucer increases merger offer
    Lloyd's (re)insurer Chaucer has written to Names increasing the offer for unaligned 2004 capacity on its proposed merged Syndicate 1084 from 7.5p to 11p per £1. Chaucer upped the offer after its initial 21 June proposal met with little enthusiasm from
    01 July 2003
  • Trenwick withdraws from aviation as MBO imminent
    Trenwick Managing Agency announced at the beginning of the month that it had stopped writing aviation business "with immediate effect". The firm, which hopes to announce a management buyout from its distressed parent Trenwick International later this mont
    01 July 2003
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