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  • Disappointing 2002 results but if its disposals go to plan then UK giant should end 2003 far stronger than it began the year In a fortnight that saw relegation from the FTSE 100, a disappointing set of 2002 results and a higher than expected dividend
  • AXIS Capital has joined the growing list of Bermudian operators seeking to list on the New York Stock Exchange.
  • Founder departs; but all is well, liability insurer insists The chief executive of the commercial liability insurer The Underwriter Insurance Company Ltd has parted company with the firm he helped form. Keith Rutter resigned from The Underwriter last
  • Lloyd's Names are being asked to pay £75.00 to join an action group that will investigate the possibility of alleged mis-selling by Names' stop loss mutual Integer. The newly formed Stop Loss Recovery Group is canvassing Names who purchased stop loss i
  • Insurance stocks on both sides of the Atlantic wobbled on 10 March as investors nervously digested Warren Buffett's remarks in his annual letter to Berkshire shareholders. In contrast to his remarkably bullish comments on Berkshire Hathaway, he lashed
  • Insurers need to think more like brokers or derivative traders if they are to get away from the culture of underwriting losses, which has become engrained within significant parts of the industry. This was the message of US insurance analyst Alice Schr
  • Participants anxiously await verdict in mammoth Sphere Drake/SCB “arbitrage” trial "There is no way that I can reach a judgement that will not result in the finding of the gravest dishonesty against someone. But so be it." This chilling phrase was
  • Larry Silverstein, the World Trade Center leaseholder, has complained that New York City officials are undermining his position as he campaigns for a $7bn settlement from his insurers.
  • As we approach the heart of the European reporting season, UBS Warburg has warned that investors will have to wait another year before reinsurers' results properly reflect the improved rating environment.
  • Pressure for comprehensive legal reform in the US has grown with the American Bar Association (ABA) voting to back asbestos limit caps and the asbestos reform bill was introduced in the US Senate. This after President Bush called for changes to medical ma