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There are 68,296 results that match your search.68,296 results
  • 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
  • Employers Re stands alone on Best downgrade
    Employers Re (ERC), the world’s fourth largest reinsurer, was effectively downgraded from A+ to A (Excellent) last week as AM Best revised ratings following a first time assessment of the firm as a standalone entity, separated from the influence of its ow
    30 June 2003
  • Affirmation as AIG increases Asian interest
    AIG’s move to buy Japanese life and selected US p/c insurance operations from General Electric Capital (GEC) for $2.1bn has been met with a cautious affirmation from ratings agency Moody’s.
    30 June 2003
  • Asbestos reform revival
    Groundbreaking progress but tough negotiations ahead With the clock running down on prospects for pushing through meaningful asbestos reform in this Congress, last week saw a rush for compromise and early indications suggest the tide is turning.
    30 June 2003
  • Insurers contribute to $1bn IPO settlement
    D&O insurers for 309 companies facing IPO class actions agreed to a $1bn settlement with plaintiff law firms last week, thereby clearing the decks for the “laddering” dispute between Wall Street firms, their liability insurers and disgruntled investors.
    30 June 2003
  • Legion faces liquidation after policyholder victory
    Major policyholders of defunct fronting insurer Legion Insurance Company can pursue their claims via Legion’s reinsurers, a Pennsylvania court ruled last week.
    30 June 2003
  • Marsh considers HLF swoop
    After two weeks of heightened rumours, Insider Week understands that Marsh representatives had contact with HLF over a potential take-over bid.
    30 June 2003
  • New UK liability start-up planned by ex Limit underwriter
    Corporate financiers at Hoare Govett, the London broking arm of Dutch bank ABN Amro, are rounding up investors to back a £50mn plus flotation of a new UK start up, Illium Insurance.
    30 June 2003
  • SCOR management upheaval continues
    French reinsurer SCOR’s “back on track” recovery plan was shunted backwards last week with the early retirement of group deputy chief operating officer Pierre-Denis Champvillard.
    30 June 2003
  • Hard market to continue: Swiss Re
    Despite growing concerns that US property & casualty rates are tailing off, Swiss Re senior economist Thomas Holzheu predicted last week that rates will continue to remain firm while profits remain hampered by poor investment returns and reserving issues.
    30 June 2003
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