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There are 68,813 results that match your search.68,813 results
  • Munich Re reports lower loss, but further writedowns likely
    Munich Re – the world’s largest reinsurer by premium – released first quarter results showing an improvement on the final quarter of last year, but massive deterioration on the comparable first three months of 2002. The German group conceded that results
    02 June 2003
  • Equitas boosts asbestos reserves by £400mn
    Total payouts fall, but shrinking surplus and deteriorating solvency margin as balance sheet weakens Equitas unveiled financial results for the year ended 31 March 2003, announcing a £399mn increase in gross discounted asbestos reserves. The world's
    01 June 2003
  • Heritage to launch new UK liability syndicate
    Heritage is set to capitalise on the improved rating environment for UK liability by spinning off a new Lloyd's Syndicate from their existing operations, The Insider can reveal.
    01 June 2003
  • Aspen Re plans £800mn IPO
    Aspen Re, the London market reinsurer spun-out of the Lloyd's insurer Wellington Underwriting last year, is planning to reward its private equity backers by floating in the US later this year. Although less than a year old, Aspen plans to follow in the
    01 June 2003
  • Munich Re warns of further writedowns
    Munich Re - the world's largest reinsurer by premium - released first quarter results showing an improvement on the final quarter of last year, but massive deterioration on the comparable first three months of 2002. The German group conceded earlier t
    01 June 2003
  • AIG settles $180mn film dispute
    Largest film finance resolution yet, as AIG, JLT, and CSFB settle UK High Court action with investors supporting Flashpoint backed films Lexington Insurance Company, a subsidiary of the world's most valuable insurance group AIG, has settled a $180mn di
    01 June 2003
  • Europe fights for reduced US collateral demands
    A tit-for-tat letter exchange has ensued between European reinsurers and their US (re)insurance counterparts as the ground is fought out to establish the way ahead for collateral requirements of so-called "alien reinsurers" operating in the US marketplace
    01 June 2003
  • Benfield buoyed by successful float
    Shares in Benfield Group began conditional trading on the London Stock Exchange on Friday 13 June as the company announced the pricing of its IPO at 250p per share. The debut was towards the upper end of the 200p to 260p indicative price range, and val
    01 June 2003
  • 2002 bright for Brit, 2003 better
    Lloyd's insurer Brit expects to write upwards of £1.15bn total gross premium income in 2003 after strong 2003 renewals and new business flow in the first few months of the year. This projection is based largely on its recent all-paper acquisition of PRI (
    01 June 2003
  • Lloyd’s picks Kellett in Central Fund dispute
    Lloyd’s have appointed veteran reinsurance underwriter Bryan Kellett to represent its interests in the forthcoming Central Fund reinsurance arbitration dispute against Swiss Re.
    01 June 2003
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