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There are 68,160 results that match your search.68,160 results
  • Aon's results dip but resolves SEC "comments"
    Shares in the world's second largest broking group, Aon, collapsed after the firm revealed below consensus earnings and details of an SEC enquiry into the firm's accounting practices. Excluding special charges, Aon's second quarter earnings would have bee
    01 September 2002
  • Benfield in Bermuda move rumour
    Benfield, the privately owned London based reinsurance broker currently debating the merits of staying private, floating or a trade sale, is rumoured to be considering a relocation to Bermuda.
    01 September 2002
  • Enron Mahonia fraud allegations dismissed
    A New York Court has struck a body blow against JP Morgan Chase Bank after dismissing the fraud allegations that the bank levelled against 11 insurers who underwrote almost $2bn of surety bonds securing Enron contracts.
    01 September 2002
  • Hiscox - raising £110mn in 2nd rights issue
    Hiscox plc is to take advantage of what it calls the market’s “superb conditions” with a second rights issue in 10 months. The Group, which raised £54mn in November 2001, comes to the stockmarket with a 1-for-2 rights issue to raise £110mn.
    01 September 2002
  • Willis to hand over WTC E&O documents
    Court ruling should establish if concerns over potential legal liability may have influenced Willis' view on the occurrence issue. The WTC dispute between insurers, led by Swiss Re, and the WTC leaseholder Silverstein looks set to force broker Willis G
    01 September 2002
  • ZFS launches aggresive plan to replenish capital base
    Zurich Financial Services (ZFS), has announced losses of $2bn for the first half of 2002. ZFS stated it has undertaken a thorough review of the adequacy of its non-life insurance and reinsurance reserves in consultation with an independent third party
    01 September 2002
  • CIGNA takes $1.1bn hit over VADBE exposures
    The employee benefits giant is facing a possible 2 notch downgrade from the rating agencies as worsening equity markets increased exposure on run-off contracts Shares in CIGNA fell in reaction to the shock announcement of a $1.1bn pre-tax charge over i
    01 September 2002
  • European insurers - failing to impress
    The share prices of European insurers are tumbling as investors get the jitters over a series of worsening results and balance sheet strengthening capital raising exercises.
    01 September 2002
  • Lloyd's results - 2000 & 2001 forecasts
    Few surprises in 6th and 10th quarters result forecasts for Syndicates demonstrates improved forecasting Updated estimates for the forecast results of syndicates in the 10th quarter of the 2000 underwriting year showed few significant deviations from e
    01 September 2002
  • Lloyd's reforms vote: Everybody wins
    Or do they? A failure to compromise on wordings may lead to further disputes. In the meantime, the franchise model rolls on. In the cynical world of modern politics, it’s not unheard of for more than one side to claim victory and so it proved at the re
    01 September 2002
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