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There are 68,868 results that match your search.68,868 results
  • AIG fine shows SEC watching insurers
    The $10mn fine handed to AIG this month (11 September) was a further sign that US regulators are scrutinising the industry's penchant for complicated financial instruments. The world's most valuable insurance company agreed to settle an investigation b
    01 September 2003
  • Quanta starts-up with $550mn of capital
    A new $550mn capitalised (re)insurer is set to be launched later this year with backing from US private equity houses and management shipped in from Swiss Re, The Insider can reveal. Bermudian based Quanta Capital Holdings Ltd will provide fresh (re)i
    01 September 2003
  • Advent continues focus on LMX as profits
    Lloyd's insurer Advent Capital (Holdings) plc revealed a welcome return to profit after the devastations of the 2001 underwriting year. The former BF Caudle agency is forecasting a strong profit of 25 percent on the 2002 year of its Syndicate 780, but
    01 September 2003
  • Hardy to write FI next year
    Lloyd’s specialist insurer Hardy Underwriting Group announced on Monday 22 September that it will begin underwriting financial institutions for the 2004 year of account. The account, which will be accommodated within the 2004 stamp capacity of £115mn,
    01 September 2003
  • Brit considers legal action over Pri swoops
    Lloyd's insurer Brit is considering legal action against rival Abacus Syndicates Management over the recruitment of former PRI Ltd staff, the liability insurer acquired by Brit earlier this year for around £173mn. As first revealed in issue 81 of The I
    01 September 2003
  • US Blackout figures
    Despite continuing optimism that the North American power blackout on 14 August will not lead to major industry exposures, losses are still likely to breach the technical threshold of $25mn for a catastrophe.
    26 August 2003
  • QBE set for acquisition expansion after bullish interims
    QBE boss Frank O’Halloran is confident his Australian based (re)insurer can exceed 2003 forecasts after delivering upbeat interims last week.
    26 August 2003
  • BRIT sees further improvement for 2002
    Lloyd’s insurer Brit Insurance Holdings Plc revealed that 2002 forecasts for its flagship Syndicate 2987 have improved, leading to the possibility of a return equivalent to 15 percent on its £450mn capacity.
    26 August 2003
  • Kiln also upbeat
    Kiln became the latest Lloyd’s insurer to paint an attractive picture of 2002’s prospects when unveiling its syndicate forecasts this morning (26 August).
    26 August 2003
  • Hiscox resolves WTC cloud - But may have to weather criticism that it manipulated WTC figures…
    Quoted Lloyd’s insurer Hiscox plc announced bullish trading figures last week and took the opportunity to resolve the growing uncertainty over its World Trade Center provisions.
    26 August 2003
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