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There are 69,214 results that match your search.69,214 results
  • Obesity suits face curb
    Legislation curbing the appetite of the US plaintiff bar to launch obesity class action suits took a step closer to reality after a US House of Representatives committee recommended the proposals to a formal vote.
    09 February 2004
  • Swiss Re to acquire CNA life business
    Swiss Re has agreed to buy the life insurance business of Chicago-based CNA for $690m in cash.
    09 February 2004
  • Financial irregularities found at China Life
    Accounting irregularities have been found at the predecessor firm of China Life, the Chinese life insurance company that held the world's largest IPO in December 2003.
    09 February 2004
  • Pool Re passes provisional antitrust test
    Pool Re’s role as a terrorism reinsurer for commercial property has provisionally passed the antitrust test as the UK Office of Fair Trading (OFT) announced Friday (6 February, 2004) that it satisfies the conditions for exemption under competition law.
    09 February 2004
  • Everest Re climbs higher
    Bermuda based Everest Re saw its fourth quarter net profits double from $55.6mn to $121.8mn, or $2.15 a share, as the reinsurer continued to capitalise on the strong rate environment. Operating profits rose 95.9 percent to $118.6mn excluding realised capi
    09 February 2004
  • Max Re sees earnings boost
    Bermudian reinsurer Max Re has reported Q4 net income of $36.4mn, or $0.76 per diluted share, compared to net income of $11mn, or net income of $0.29 per diluted share, for the same period in 2002.
    09 February 2004
  • Analysts impressed by ACE results
    Bermudian giant ACE impressed analysts with a record set of results last Thursday (5 February, 2004), earning $1.4bn in 2003, equivalent to $4.93 per share, and up from $77mn or 19 cents per share the previous year, which was hit by a $354mn fourth quarte
    09 February 2004
  • Income, loss reserves surge at Chubb
    US insurer Chubb last week reported $808.8mn in net income for 2003, a 262.9 percent increase on 2002.
    09 February 2004
  • WTC trial begins
    Although an appeal is inevitable, and settlement still a possibility, it is nevertheless conceivable that in the next two months we will know whether the 9/11 attacks on the World Trade Center amount to one insurable loss or two.
    09 February 2004
  • AXA’s revenues affected by strong Euro and reinsurance withdrawal
    AXA’s 2003 revenues were down 4.1 percent to €71.6bn today (2 February) as the French giant revealed turnover was affected by the strong Euro, the sale of overseas businesses in Australia, Austria and Hungary and its retrenchment from reinsurance.
    02 February 2004
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