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There are 68,868 results that match your search.68,868 results
  • Marsh’s HLF talks slip
    Marsh has missed key deadlines in its acquisition talks with HLF Group Plc, leading to speculation that the world’s largest insurance broker may withdraw from the proposed £350mn takeover.
    28 July 2003
  • AIG records “record” Q2
    US giant insurer AIG has announced sturdy second quarter 2003 figures with profits up 26.4 percent to $2.28bn, against $1.80bn for the same period last year. The six monthly showing saw net income totalling $4.23bn, up from $3.78bn last year.
    28 July 2003
  • United Airlines sues AIG over 9/11 claims
    United Airlines has filed a $25mn complaint in the US District Court in the Southern District of New York against AIG over the insurer’s refusal to pay for business interruption losses after the 9/11 attacks.
    21 July 2003
  • Insurers defeat CSFB over IPO claims
    CSFB’s professional liability insurers do not need to reimburse the bank over its $100mn settlement with the Securities and Exchange Commission, a US State Supreme Court ruled last week.
    21 July 2003
  • AXIS Re appoints Dr Karl Mayr
    Axis Capital Holdings Ltd, the Bermudian (re)insurer formed by ex-Lloyd’s underwriter John Charman after 9/11, has announced the appointment of Dr. Karl Mayr as president and chief executive officer of its European reinsurance subsidiary, Axis Re.
    21 July 2003
  • SCB appoints PwC as administrators
    Sphere Drake’s 8 July victory in the UK High Court over exposures to workers’ compensation carve-out reinsurance has forced the Lloyd’s broker Stirling Cooke Brown Insurance Brokers Ltd into administration.
    21 July 2003
  • Numis remains positive on GoshawK
    Numis Securities, the house broker to quoted Lloyd’s insurer GoshawK, is maintaining a bullish outlook on the company’s prospects, despite the shock 3 July profits warning.
    21 July 2003
  • Safe havens the only way to prevent a future Prestige
    Safe havens for stricken ships – not double hull tankers – are the answer to oil spill pollution problems in the long term, according to a senior marine lawyer.
    21 July 2003
  • CIGNA takes further $300mn on VADBE exposures - Reinsurance legacy continues to haunt…
    CIGNA’s inability to hedge its exposures to variable annuity death benefit contracts (VADBEs) have cost the embattled US health insurer a further $300mn.
    21 July 2003
  • S&P stands by to upgrade Gerling on imminent fund raising
    The rating agency Standard & Poor’s is primed to raise its BB+ financial strength rating on embattled German insurer Gerling on imminent news that it has raised equity funding of at least EUR75.5mn.
    21 July 2003
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