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There are 69,195 results that match your search.69,195 results
  • Brit buys Creechurch property rights
    The expansive insurance group Brit announced this week that it has acquired renewal rights to the property insurance portfolio of Creechurch Underwriting, the small Lloyd’s insurer.
    13 October 2003
  • S&P fights back
    Ratings agency Standard & Poor’s has responded to criticism of its recent reinsurer downgrades, explaining that poor long-term profitability, and not just a lack of capital adequacy, was the catalyst for its actions.
    13 October 2003
  • Tax break boosts German insurers
    German insurance companies are set to enjoy substantial tax breaks, the German finance ministry has confirmed.
    13 October 2003
  • Hartford and Travelers hit by Isabel
    US giant Hartford Financial Services Group said this week that it would miss analysts’ earnings forecasts because of higher than expected exposures to Hurricane Isabel and high litigation costs.
    13 October 2003
  • WR Berkley in $750mn shelf filing
    Connecticut based insurer WR Berkley filed last Friday to sell up to $750mn in debt securities, common and preferred stock and other securities.
    13 October 2003
  • GoshawK’s ongoing concerns prompt further downgrade
    Beleaguered Lloyd’s insurer GoshawK was dealt another blow last week as ratings agency Standard & Poor’s followed Moody’s and downgraded Syndicate 102 by another notch, questioning its ability to trade forward into 2004.
    13 October 2003
  • R&SA rights issue cheers after tough month
    Embattled UK insurer Royal & Sun Alliance breathed a corporate sigh of relief this month after its £1bn rights issue went through with 92 percent of the 1.3bn new shares subscribed for by existing shareholders at 70p each. Although heavily discounted
    01 October 2003
  • Labor rejection threatens asbestos rescue bid
    Followers of US tort reform developments were teased this month with the prospect of a real breakthrough, as Republican Senator Bill Frist stepped in to rescue stalling asbestos talks, negotiating a new deal between insurers and industrial defendants over
    01 October 2003
  • Coutts vindicated in 'duty of care'
    'Unreliable' evidence of veteran Lloyd’s underwriter ends accusations of negligence Coutts, the royal bankers, has been exonerated in a legal battle about whether it should have told a Lloyd's syndicate that its managing agents had not opened an Indepe
    01 October 2003
  • SVB considers PRI mark II
    Quoted Lloyd's insurer SVB is considering a 2004 fund raising to capitalise a new FSA-authorised insurer that would lead its charge in writing D&O, medical malpractice and professional indemnity business - a model similar to UK start up PRI Ltd before its
    01 October 2003
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