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There are 68,273 results that match your search.68,273 results
  • PRI loses sight of white knight
    Shareholder backed Brit the only bidder after breaking PRI board’s resolve The board of UK insurer PRI finally succumbed to the weight of Brit pressure on 17 April when it agreed to recommend the insurer’s all share offer to its shareholders. Approval
    01 April 2003
  • GoshawK takes hit on death insurance
    Lloyd's insurer unveils disappointing results and agrees to reverse out £27mn of earned premiums from controversial viatical insurance GoshawK's involvement with viatical business - the controversial practice of buying life insurance policies off the
    01 April 2003
  • Lloyd's faces Central Fund fight
    Lloyd's was lauded in some quarters at the beginning of the month; praised for a record return to profit after years of losses, congratulated for its peer beating combined ratio, and bandied about as a unique performer in an otherwise depressed industry.
    01 April 2003
  • Hannover fails to answer critics
    Despite impressive underwriting results, doubts continue over Hannover Re’s stretched capital base, rating downgrades and heavy reinsurance exposures Poor Hannover Re. The world's fifth largest reinsurer declares a healthy profit, out-performs its pee
    01 April 2003
  • Inside the AIG Proxy Statement - in depth analysis from David Schiff
    The Audit-Committee Report AIG is arguably the greatest insurance organization in the world. As such, it deserves more scrutiny than other companies. In its reports for the years ending 2001 and 2000, AIG's audit committee disclaimed virtually all r
    01 April 2003
  • US Supreme Court gives heart to insurers
    In a welcome reversal of type, the US Supreme court delivered a pro insurer judgement earlier this month restricting the scale of punitive damage awards. In State Farm Mutual vs Campbell et al, the US Supreme Court decided by a 6-3 majority that puniti
    01 April 2003
  • Credit derivatives: industry exposed?
    Buffett blast derives credit and criticism. Should (re)insurance investors be concerned? When the Sage of Omaha sounds a warning signal, the insurance world usually tunes in. So when Warren Buffett wrote his annual letter to Berkshire Hathaway shar
    01 April 2003
  • Lost in space - Space market at crisis point as $1.6bn satellites claim lodged
    The Insurance Insider can confirm that space insurers have received six claims for constructive total loss amounting to more than $1.6bn as a result of Boeing telecommunications satellites found to have a shorter than expected lifespan. As revealed in
    01 March 2003
  • 'Death of the Sure Thing' Thoughts on AIG - Play it again, Hank - says David Schiff
    At 8:23 p.m on February 3, when AIG announced that it would take a $2.8 billion pretax charge ($1.8 billion after tax) to boost loss reserves, investors' perception of the company was radically altered. AIG had been venerated for its rapidly growing, pred
    01 March 2003
  • Let the good times roll
    2002 will see profits at Lloyd’s return, perhaps as much as £1.5bn. Good news because in contrast 2000 will be another poor year when Lloyd’s unveils its official results later this month. Exclusive analysis from The Insider’s Laptop. It was a long tim
    01 March 2003
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