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There are 68,868 results that match your search.68,868 results
  • 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
  • XL boost capital as new team moves in
    Bermudian (re)insurer XL Capital has announced today the completion of a $500mn capital markets transaction.
    14 July 2003
  • Rating agencies down on Royal
    Standard & Poor’s (S&P) has echoed rating agency rival Moody’s concerns over the capital adequacy of Royal &Sun Alliance’s (R&SA) US operations.
    14 July 2003
  • Hampden stands alone in Chaucer defiance
    Lloyd’s (re)insurer Chaucer has written to Names increasing the offer for unaligned 2004 capacity on its proposed merged Syndicate 1084 from 7.5p to 11p per £1.
    14 July 2003
  • Asbestos reform passes first test of trust
    The drive for meaningful asbestos reform in the US took a big step forward last Thursday as the Senate Judiciary Committee marginally voted in favour of Senator Orrin Hatch’s Fairness in Asbestos Resolution Act.
    14 July 2003
  • Time runs out as The Underwriter goes into run-off after less than four years
    Troubled UK liability insurer The Underwriter has announced that it has gone into “solvent run-off” and, as of last Friday (11 July), will no longer write new business. The decision comes as a result of an FSA review into the company’s parlous capital sit
    14 July 2003
  • Montpelier to raise $200mn
    Bermudian (re)insurer Montpelier Re filed last Thursday with the Securities and Exchange Commission to sell $200mn in senior notes.
    14 July 2003
  • Munich Re takes Chinese bow
    Giant German Munich Re has become the first international reinsurer to receive a nationwide composite operating license in China as penetration into the tightly controlled domestic market gathers pace.
    14 July 2003
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