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There are 68,868 results that match your search.68,868 results
  • US Supreme Court gives heart to insurers
    In a welcome reversal of type, the US Supreme court delivered a pro insurer judgement earlier this month restricting the scale of punitive damage awards. In State Farm Mutual vs Campbell et al, the US Supreme Court decided by a 6-3 majority that puniti
    01 April 2003
  • GoshawK takes hit on death insurance
    Lloyd's insurer unveils disappointing results and agrees to reverse out £27mn of earned premiums from controversial viatical insurance GoshawK's involvement with viatical business - the controversial practice of buying life insurance policies off the
    01 April 2003
  • Rutter leaves the Underwriter
    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
    01 March 2003
  • 'Death of the Sure Thing' Thoughts on AIG - Play it again, Hank - says David Schiff
    At 8:23 p.m on February 3, when AIG announced that it would take a $2.8 billion pretax charge ($1.8 billion after tax) to boost loss reserves, investors' perception of the company was radically altered. AIG had been venerated for its rapidly growing, pred
    01 March 2003
  • Arbitrage market on tenterhooks
    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
    01 March 2003
  • AXIS access public offering
    AXIS Capital has joined the growing list of Bermudian operators seeking to list on the New York Stock Exchange.
    01 March 2003
  • Lost in space - Space market at crisis point as $1.6bn satellites claim lodged
    The Insurance Insider can confirm that space insurers have received six claims for constructive total loss amounting to more than $1.6bn as a result of Boeing telecommunications satellites found to have a shorter than expected lifespan. As revealed in
    01 March 2003
  • Why can't an insurer be more like a broker?
    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
    01 March 2003
  • Let the good times roll
    2002 will see profits at Lloyd’s return, perhaps as much as £1.5bn. Good news because in contrast 2000 will be another poor year when Lloyd’s unveils its official results later this month. Exclusive analysis from The Insider’s Laptop. It was a long tim
    01 March 2003
  • Names canvassed by Integer Action Group
    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
    01 March 2003
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