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There are 68,868 results that match your search.68,868 results
  • Fortress Re crumbles after $1.12bn award
    Japanese backer Sompo establishes fraud at controversial US aviation reinsurance The three Japanese insurers who discovered they owed more than $3bn after backing a North Carolina managing agency won a significant victory in the United States last mo
    01 January 2004
  • Parmalat scandal: Europe catches Enronitis
    Italian firm goes into meltdown; limited D&O cover available The ongoing investigation into the Parmalat accounting scandal has raised questions about insurers' exposures to the collapsed Italian long-life milk, juices and biscuits conglomerate. In
    01 January 2004
  • The Return of Irrational Exuberance - The Thrill is Gone, suggests David Schiff
    The insurance business appears quite good these days. Premiums have gone up sharply for several years. Reasonably well-capitalized property-casualty companies have to do something very wrong to achieve poor accident-year results. You'd probably call this
    01 January 2004
  • XL boosts US reserves for second consecutive quarter
    Bermudian casualty insurer XL Capital Ltd revealed a higher than expected $647mn post-tax charge for Q3 2003. In a press release the company said the charge, which followed a claims audit and year-end reserve review, was "primarily related to adverse deve
    01 January 2004
  • Swiss Re's withdrawal unrelated to Lloyd’s dispute
    Swiss Re's decision to stop writing a significant amount of Lloyd's reinsurance business is unrelated to the Central Fund coverage dispute, the Zurich headquartered reinsurer said last month. As revealed in the December edition of Insider Week's siste
    01 January 2004
  • Lloyd's Council election hits stumbling block
    Despite a growing trend to avoid the vulgarity of contested seats by pre-selecting suitable candidates, the annual Lloyd's Council election often fires up a controversy or two and this year is no exception.
    01 January 2004
  • Berkshire Hathaway embroiled in differences with Tolle
    Disagreements between Lloyd's underwriting supremo Rolf Tolle and Berkshire Hathaway led to the latter slashing the size of its Lloyd's subsidiary Marlborough, The Insider can reveal.
    01 January 2004
  • Brokers’ forecasts for 2004
    It’s not just analysts who made their predictions for 2004 – brokers also took a view on business conditions over the next 12 months. For Aon, the New Year was about resolutions – and to back up the message it published a "to-do" list for the insurance
    01 January 2004
  • More satellite losses bring further woe to sector
    Another loss struck year for the troubled space insurance sector was rounded off in farcical fashion with the revelation that a Loral-built SPAINSAT satellite was “dropped” during testing, leading to a potential $95mn claim on the London cargo market.
    01 January 2004
  • Analyst’s ball-gazing offers mixed views
    Insurance analysts are taking mixed positions on the industry’s fortunes with Europeans seemingly less confident on prospects, The Insurance Insider discovers 2004 is likely to be marked by premium growth in the high single digits, with a continuing bu
    01 January 2004
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