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There are 68,296 results that match your search.68,296 results
  • Marsh conducts HLF due diligence
    A Marsh takeover of UK broker HLF Group has taken a step closer to reality with the revelations that the world's largest insurance broker has begun due diligence proceedings.
    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
  • Illium applies to form Lloyd's Syndicate
    Start-up changes advisers while debating merits of Lloyd's over company Illium Insurance, the proposed UK liability start-up headed by respected ex Limit stalwart Denis Burniston and Russell Benzies, has applied to form a new Lloyd's Syndicate to begi
    01 July 2003
  • GoshawK open for offers
    Advisors appointed to discuss "strategic options" which include a possible sale; concerns over reserve adequacies; space shuttle loss and The Accident Group; future of Syndicate 102 in doubt; share price falls by 30 percent Following reassurances from
    01 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
  • Truscott leaves Euclidian
    James Truscott has left Euclidian Group, the Lloyd's insurer he co-founded with James Stuart in 1994. Although currently the Group's executive chairman, Truscott has been away from the office for much of the year and, according to sources close to the
    01 July 2003
  • Sphere Drake defeats "dishonest" SCB in $258mn arbitrage trial
    Damning judgment involving "grave dishonesty" and "corruption of standards" In one of the industry's most eagerly awaited judgments in modern times, Sphere Drake has avoided over $250mn of exposures after broker Stirling Cooke Brown was lambasted by a
    01 July 2003
  • Insurers cheered by Wall Street victories
    Industry give cautious welcome to US Court decisions which reign in excesses of the Wall Street litigation; $1bn settlement removes 309 IPO companies from “laddering” litigation Insurers exposed to the myriad of US shareholder class action suits were
    01 July 2003
  • AIG's Secret Connection with Director - David Schiff looks at AIG’s charitable donations and independent directors
    Some of AIG’s “independent” directors have had unusual financial relationships with AIG or its affiliates, and may not be as independent as they appear to be. AIG’s failure to disclose these relationships to its shareholders raises questions about the com
    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
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