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There are 68,868 results that match your search.68,868 results
  • Best downgrades GoshawK Syndicate
    In the wake of GoshawK’s 3 July mea culpa profits warning, the rating agency AM Best have downgraded the Lloyd’s insurer’s Syndicate 102 from A (excellent) to A- (excellent).
    14 July 2003
  • Trenwick withdraws from aviation as MBO imminent
    Trenwick Managing Agency announced last week that it had stopped writing aviation business “with immediate effect”. The firm, which is set to announce a management buyout from its distressed parent Trenwick International later this week, explained in a ma
    07 July 2003
  • Blow for airline passengers as DVT ruling upheld
    Victims of deep vein thrombosis (DVT) lost a landmark appeal last Thursday as a December 2002 High Court ruling was upheld, preventing claimants from suing airlines for compensation.
    07 July 2003
  • Asbestos bill back in committee this week - but insurers may pull out
    With the Senate Judiciary Committee in recess over the 4 July break, hopes for successful passage of Senator Orrin Hatch’s Fairness in Asbestos Resolution Act were dealt a blow last Thursday as insurers threatened to withdraw from the initiative to set up
    07 July 2003
  • Alphastar faces final filing deadline with Odyssey Re decision imminent
    Alphastar – the firm formerly known as Stirling Cooke Brown (SCB) – has until the end of this week to file overdue financials or face delisting from Nasdaq.
    07 July 2003
  • Marsh conducting due diligence into HLF
    A Marsh takeover of UK broker HLF Group has taken a step closer to reality as Insider Week can reveal that the world’s largest insurance broker has begun due diligence proceedings.
    07 July 2003
  • Markel Intl receives AM Best boost
    Markel International, the London based arm of US insurer Markel Corporation, received a boost last week from rating agency AM Best when its financial strength rating was upgraded to A-.
    07 July 2003
  • Insurers win on Wall Street
    Insurers exposed to the myriad of US shareholder class action suits were encouraged by New York courts last week who rejected four lawsuits against Wall Street banks and the dot.com companies they helped IPO in the heady days of the late nineties.
    07 July 2003
  • HIH criminal probes begin
    Despite the relatively benign report by Royal Commissioner Justice Neville Owen into the A$5.3bn collapse of HIH, Australia’s prosecutors are lining up some of the key protagonists for criminal prosecutions over the debacle.
    07 July 2003
  • GoshawK open for offers
    Advisors appointed to discuss "strategic options" which include a possible sale; concerns over reserve adequacies; space shuttle loss and The Accident Group; future of Syndicate 102 in doubt; share price falls by 40 percent
    07 July 2003
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