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There are 68,868 results that match your search.68,868 results
  • Frederico to head ACE spin-off
    Dominic Frederico – once the heir apparent to Brian Duperreault at the giant Bermudian insurer ACE Ltd – will head the financial guaranty spin-off, ACE Guaranty Group (AGC), when it is spun-off next year.
    29 December 2003
  • Wellington’s rating affirmed
    Rating agency Moody’s has affirmed its A1 financial strength rating of Wellington’s Lloyd’s Syndicate 2020 following its annual review.
    29 December 2003
  • Fortress Re ordered to pay $1.12bn over fraud
    Sompo Japan Insurance Inc was awarded $1.12bn in damages against Fortress Re, the North Carolina based aviation pool manager, on 18th December by a US arbitration panel.
    29 December 2003
  • Australia rejects DVT test case
    In a significant development for the insurance industry, the Australian Victoria state appeals court has rejected a civil lawsuit brought against British Airways and Quantas by a passenger who developed deep vein thrombosis (DVT) on a long-haul flight.
    29 December 2003
  • Lloyd’s hails digital milestone
    Lloyd’s Kinnect went live last week, with Willis taking inaugural honours to pass the first risk through the platform. The platform, which is funded by Lloyd's, enables brokers and underwriters to exchange data electronically.
    22 December 2003
  • Brit optimistic on past, present and future
    UK general insurer Brit unveiled a positive trading statement last Thursday (18 December) as it highlighted “exceptionally positive” underwriting conditions and its minimal legacy exposures.
    22 December 2003
  • Benfield: European earnings not reflecting premium performance
    Results for the first nine months of 2003 suggest that solid premium performance in favourable underwriting conditions has yet to show up in the earnings of European reinsurers still struggling with legacy issues, according to a report from Benfield.
    22 December 2003
  • Best view on Bermuda’s bumper crop
    Bermuda’s top 15 reinsurance and insurance outfits produced an impressive 87.5 percent combined ratio for the first nine months of 2003, according to rating agency AM Best.
    22 December 2003
  • HLF reduces debt with capital restructure
    London based broker Heath Lambert revealed last week that the consortium of private equity houses that have owned the majority of the group’s equity since its formation in 1999 have surrendered their holdings as part of a financial restructuring first ann
    22 December 2003
  • CNA settles lawsuit against former employees
    CNA has settled a lawsuit against five of its former executives who it accused of breaching confidentiality agreements and stealing trade secrets when they left to join rival Bermuda start-up Quanta Capital.
    22 December 2003
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