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There are 69,225 results that match your search.69,225 results
  • Munich Re: record loss hides strong underlying performance
    Giant German reinsurer Munich Re last week revealed its first net loss in 98 years as strong underlying underwriting performance was buried beneath deferred tax charges, goodwill writedowns for HVB, and higher than expected reserving at US subsidiary Amer
    23 March 2004
  • SVB grows with trade credit buy
    Lloyd’s insurer SVB announced today (22 March) that it has bought the business of trade credit insurer Credit Indemnity & Financial Services Ltd (CIFS).
    23 March 2004
  • Moody’s upgrades Lloyd’s forecasts
    Ratings agency Moody's has released its latest forecasts for Lloyd's, indicating that the market could record profits of around £6bn for the 2002 to 2004 years of account, with cumulative returns on capacity equalling profits recorded by Lloyd's between 1
    23 March 2004
  • Benfield’s US growth hit by dollar decline
    Reinsurance broker Benfield last week announced results that saw a more than threefold leap in pre-tax annual profits to £31.2mn last year from £9.8mn.
    23 March 2004
  • Supermerger draws to close as shareholders back deal
    Significant steps were taken last week on the road to creating the second largest US commercial lines insurer as the St Paul Travelers super merger moved closer to reality.
    23 March 2004
  • WTC update: Dramatic testimony; Silverstein barred from court
    WTC leaseholder Silverstein Properties and insurers led by reinsurance giant Swiss Re are litigating over which contractual wordings the various parties used in placing the building’s insurance cover.
    23 March 2004
  • Swiss Re continues overseas expansion with Taipei branch
    European reinsurer Swiss Re is set to open a branch office in Taiwan after winning regulatory approval from the Taiwan Ministry of Finance.
    23 March 2004
  • AM Best downgrades Winterthur
    Ratings agency AM Best downgraded Swiss insurer Winterthur Swiss Insurance Company and its subsidiary Winterthur Life last Tuesday (16 March) over capital concerns.
    23 March 2004
  • Heritage to merge syndicates; Tweedie departs
    Lloyd’s insurer Heritage Managing Agency Ltd is planning to merge two of its syndicates into one, larger unit headed by veteran Lloyd’s underwriter Les Rock.
    23 March 2004
  • Generali ahead of the game; execution doubts remain
    Italian (re)insurer Generali looks to be well on the road to recovery as it announced EUR1,015mn 2003 net profits last week, compared to a 2002 loss of EUR754mn and ahead of the projected EUR931mn profit under its self-imposed three-year plan.
    23 March 2004
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