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There are 68,813 results that match your search.68,813 results
  • Trenwick MBO plans new identity
    Trenwick Managing Agency (TMA) is set to rebrand following its August management buy-out from distressed parent, Trenwick Group Ltd. TMA was the last remaining underwriting operation of the Bermudian based insurer, Trenwick Group, and was finally spun
    01 August 2003
  • Syndicates reaping rewards but 2001 deteriorates
    SQRs suggest a bumper 2002 result but US casualty causes deterioration on 2001 The full extent of the current benign trading conditions within the London market were reflected by the updated forecasts from the Lloyd’s managing agents. According to
    01 August 2003
  • Hub withdraws from Near North purchase
    North American broker group Hub International Ltd has withdrawn from a proposed acquisition of the Near North National Group - the second time in under a year that take-over talks have collapsed at the 11th hour.
    01 August 2003
  • US results mixed as past returns to haunt
    C.N.A. boosts reserves by $308mn US insurer C.N.A became the latest carrier to reveal sizable additions to loss developments when announcing a $308mn after-tax charge to second quarter earnings. According to the firm, the reserve boost was due to "u
    01 August 2003
  • Europeans not out of the woods - Ratings agencies cop flak as downgrade woes continue
    Munich Re fights back at S&P downgrade Giant German reinsurer Munich Re has rallied against rating agency Standard & Poor’s (S&P) after being downgraded from AA- to A+ with a stable outlook. In a statement, the world’s largest reinsurer by premium desc
    01 August 2003
  • Liberty set for European expansion
    Liberty Syndicates, the Lloyd’s arm of US giant Liberty Mutual, is set to announce the formation of a Paris office as it gears up to expand its Continental business. According to sources, the managing agent of Syndicates 190 and 282 will soon open a Pa
    01 August 2003
  • Hiscox resolves WTC cloud
    Quoted Lloyd's insurer Hiscox plc announced bullish trading figures on 21 August and took the opportunity to resolve the growing uncertainty over its World Trade Center provisions. The insurer announced it was increasing its WTC loss reserves for the s
    01 August 2003
  • Abacus planning to open Dore
    Lloyd's managing agency Abacus is planning to launch a new professional indemnity (PI) syndicate with former PRI underwriter Andy Dore at the helm. Abacus Syndicates Ltd, backed by members' agent CBS, currently manages Syndicate 2525, with 2003 capaci
    01 August 2003
  • Dancing with bears: AIG in Russia
    Introducing a new column about the Russian insurance industry (“Dancing with bears”), John Helmer begins by analysing AIG’s investment funds ... A notable French medical researcher recently conducted an experiment with the drug Viagra on twelve men, wh
    01 August 2003
  • Lloyd’s set to lower levies
    Cost base will reduce in 2004 as Lloyd’s responds to investor pressures Lloyd’s is set to lower the levies it charges capital providers in response to calls that its fee structure is making the market uncompetitive against some of its rivals. The S
    01 August 2003
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