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There are 68,868 results that match your search.68,868 results
  • Labor rejection threatens asbestos rescue bid
    Followers of US tort reform developments were teased this month with the prospect of a real breakthrough, as Republican Senator Bill Frist stepped in to rescue stalling asbestos talks, negotiating a new deal between insurers and industrial defendants over
    01 October 2003
  • Coutts vindicated in 'duty of care'
    'Unreliable' evidence of veteran Lloyd’s underwriter ends accusations of negligence Coutts, the royal bankers, has been exonerated in a legal battle about whether it should have told a Lloyd's syndicate that its managing agents had not opened an Indepe
    01 October 2003
  • SVB considers PRI mark II
    Quoted Lloyd's insurer SVB is considering a 2004 fund raising to capitalise a new FSA-authorised insurer that would lead its charge in writing D&O, medical malpractice and professional indemnity business - a model similar to UK start up PRI Ltd before its
    01 October 2003
  • Omega scales back expansion but appoints key European team
    Lloyd's insurer Omega Underwriting Agents was forced to scale back its 2004 expansion plans following the failure of some members agents to fully support its ambitions. Nevertheless, the manager of Syndicate 958 will still expand its 2004 capacity by
    01 October 2003
  • Marsh embroiled in $250mn JP Morgan D&O dispute
    The world's largest insurance broker Marsh is embroiled in an awkward $250mn policy wordings dispute with the London market over the placing of Financial Institutions insurance cover for its long-time banking associate JP Morgan. Despite renewing a ble
    01 October 2003
  • More fallout from Sphere Drake ruling - Secondary litigation wagon begins to roll on Stirling Cooke Brown legacy
    The militant Lloyds Names Association (LNA) will attempt to recover up to £100mn from the Central Fund for what it describes as Lloyd's failure to adequately regulate the market, The Insider has learned. The move follows this summer’s landmark judgment
    01 October 2003
  • Hammond to join JLT
    Mike Hammond the former chief executive of broker Marsh's UK operations is to join rival Jardine Lloyd Thompson, it was revealed last month. Staff at JLT were told of the move by senior management and the news ended months of speculation over Hammond's
    01 October 2003
  • Aspen Re set to raise $200mn in IPO
    Reinsurance spin-off Aspen Re is set to raise around $200mn if its NYSE IPO proceeds to plan next year, according to sources. Aspen Re, which specialises in property and casualty reinsurance in the UK, the US and Bermuda, has been seen as a prime IPO
    01 October 2003
  • Siegfried & Roy PA claim in Lloyd's
    Lloyd's personal accident market is braced for claims relating to the 3 October mauling of Roy Horn, one half of the stage act Siegfried & Roy, by a white tiger at the Mirage hotel, Las Vegas.
    01 October 2003
  • Aon 77 dispute hits the High Court
    After a failed final attempt at mediation, the sides in the controversial Aon 77 dispute are readying their corners ahead of a UK High Court trial, due to begin on 27 October in Court Room 22. The trial is scheduled to last for 10-12 weeks, with a Christm
    01 October 2003
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