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There are 68,868 results that match your search.68,868 results
  • Greenberg bullish in uncertain times
    A War in Iraq would make little impact on AIG claimed ceo Hank Greenberg to industry analysts this month. Asked about a possible conflict he commented, "Our business in the middle east is not huge. We have both life and non-life operations, and neither
    01 February 2003
  • Insider Shorts - Silverstein "undermined" by City Hall
    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.
    01 February 2003
  • Calling in the cash - Laptop scrutinises the cash call system as Lloyd’s managing agents send out their latest demands
    It has become customary to add to the woes of syndicate members by declaring losses not only when an account is due to close after 36 months; but also at quarterly intervals at any point in the normal three-year life of an account, or thereafter during th
    01 February 2003
  • Catlin wins fight in Club renewal
    Fierce inter-syndicate competition sees Catlin capture flagship contract from LIMIT Perhaps it was destined to be that the year of its name would see Catlin’s Syndicate 2003 take the helm on Lloyd's biggest and most prestigious marine reinsurance cont
    01 February 2003
  • Calls grow for US tort reform
    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
    01 February 2003
  • Laddering threat comes closer to reality
    But insurers exposed to the black hole of so-called "laddering" claims, are taking different estimates on the scale of the industry's potential exposure... The potential black hole of laddering liabilities came closer to reality this month when a US c
    01 February 2003
  • More losses at troubled Trenwick
    Embattled insurer Trenwick Group posted devastating fourth quarterlies to unveil a $386.1mn loss for the year. A loss was inevitable even before the insurer announced a $107mn boost to its reserves for the fourth quarter. The reserve boost, which followed
    01 February 2003
  • Trenwick staves off disaster
    Trenwick, the Bermudian reinsurer, saved its vital Lloyd’s operations with a last-minute deal with its letter of credit providers. The Letter of Credit (LOC) was vital for Trenwick to secure its ability to underwrite in the Lloyd's market for the 2003
    01 January 2003
  • Enron insurers settle with J P Morgan
    The 11 insurers embroiled in a $1bn dispute with JP Morgan Chase over Enron deals will pay in the region of $655mn after a last minute settlement was reached earlier this month. Discussions dragged on through New Year's Day and the following night, wit
    01 January 2003
  • Creechurch to spring IPO
    Lloyd’s insurer plans to go public in a £75mn deal to launch UK insurance company Creechurch Underwriting Ltd is poised to become the latest Lloyd’s insurer to go public, as its management puts the finishing touches to a £75mn float currently planned
    01 January 2003
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