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There are 68,158 results that match your search.68,158 results
  • ACE and XL Capital settle with Silverstein
    Bermudian reinsurers XL Capital and Ace have settled their disputed property insurance claim with WTC leaseholder Silverstein Properties Inc. In a release Ace commented, "The settlement is based upon a single occurrence and therefore will comprise payment
    01 February 2002
  • St. Paul's: cuts back reinsurance operations, takes $900m charge
    In an effort to boost profitability St Paul's is planning a dramatic reduction in its International underwriting operations, which may include its non-Lloyd's UK operation, and to greatly reduce its reinsurance business including dropping Aviation and Cre
    01 February 2002
  • SVB woes compounded by Reliance PI exposures
    Troubled listed Lloyd's insurer SVB has blamed a £41.94mn cash call to comply with US Trust Fund requirements, which do not allow credit to be taken for any recoveries that may be made under existing reinsurance programmes, for the reduction in its 2002 u
    01 February 2002
  • It's not cricket
    London contingency underwriters were victorious in the High Court last month in demanding that an electronics manufacturer pay over £400,000 in premiums on a policy linked to the performance of the Indian cricket team held up because the Indian authoritie
    01 February 2002
  • AIG subpoenaed and bank sued over off balance sheet deals
    The US bank forced to unravel transactions with AIG which knocked $11bn off the value of the world's largest insurance company, is facing a class action suit from aggrieved shareholders. On the 1 February Milberg Weiss, the veteran New York plaintiff atto
    01 February 2002
  • Lloyd's capital problems
    Are the Bain & Co proposals a viable attempt to reform Lloyd's or a knee-jerk reaction from management to avoid criticisms of under-performance? For a three hundred year old organisation, Lloyd's of London demonstrates an admirable willingness to chang
    01 February 2002
  • Wallace - permanent Lloyd's ban
    Andrew Wallace, the former Chief Executive of Crowe Syndicate Management and active underwriter for Syndicate 963 has been banned from Lloyd’s after admitting to charges of misconduct.
    01 February 2002
  • Can the Hard Market End Before it Starts?
    A Tidal Wave of Capital - David Schiff pours on the cold water The capital markets are efficient - in an irrational way. Capital flows towards opportunities that offer superior returns. Paradoxically, those superior returns can fail to materialise if t
    01 December 2001
  • Lloyd's capital base takes shape
    As corporates reinforce their dominance of the capital base, the number of syndicates falls below 100 with Names facing a realistic chioce of twenty The Lloyd's market for 2002 is beginning to take shape. Some managing agents have taken advantage of th
    01 December 2001
  • Converium's stock rises
    Reinsurance is back in favour and, with generous subsides, Zurich's unwanted R/I division should enjoy a successful floatation. For sale. One reinsurance company no longer wanted by owner. Embarrassing exposures to Unicover after failed fronting arrang
    01 December 2001
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