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There are 68,868 results that match your search.68,868 results
  • Energised Glencairn keeps growing
    In its first year as an independent entity, the London market broker Glencairn Ltd unveiled a 47 percent increase in operating income to £14.575mn for 2002.
    04 August 2003
  • ACE faces Brandywine hangover?
    As ACE Limited announced a solid set of second quarter results, the spectre of asbestos balance sheet threats loomed again amid concerns over the legacy of Brandywine and ACE INA, inherited with the $3.45bn purchase of CIGNA’s p/c operation in July 1999.
    04 August 2003
  • Dore back in the frame with new Abacus Syndicate
    Lloyd’s managing agency Abacus is set to launch a new professional indemnity (PI) syndicate with former PRI underwriter Andy Dore at the helm, Insider Week can reveal. Dore left PRI in mid June after the liability start-up was taken over by Brit.
    04 August 2003
  • Spirals on trial - Sphere Drake's victory in the UK High Court this summer has significant ramifications for industry practices
    Set deep within the gothic splendours of the Royal Courts of Justice, Court room 21 was the stage for a London revival last year - the unravelling of an elaborate insurance fraud. After a year-long trial, including an exhausting 110 days in court, the jud
    01 August 2003
  • Bermudians continue to climb - Established set solid standards; start-ups catching up with soaring growth
    ACE performs within expectations ACE reported $371mn of net income for the second quarter, dwarfing the $104mn figure for the same period last year. However, excluding net realised gains (losses), the figure was $286mn against $229mn last year. This
    01 August 2003
  • 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
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