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There are 68,868 results that match your search.68,868 results
  • Numis sanctioned by Lloyd's
    Specialist investment banking group Numis Securities has been removed from the Register of Sponsors of Lloyd's Capacity offers for two years following proceedings bought against it by the Society.
    01 January 2003
  • Syndicates expand to record size
    The Insider’s exclusive analysis shows that Lloyd’s insurers continue to grow as they chase 2003 profits Lloyd’s Syndicates have grown their 2003 capacity by an average of 43 percent each, according to figures obtained by The Insider. The growth of
    01 January 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
  • Aioi files Fortress Re charges
    Aioi joins fellow insurer Nissan in attacking the Sabbah and Kornfeld “cash machine” Japanese insurer Aioi has accused directors of the Fortress Re Pool of "intentionally looting" the assets of its sister operation, the collapsed captive reinsurer Car
    01 January 2003
  • Travelers boosts asbestos reserves to £3.4bn
    This month’s announcement from Travelers Property Casualty met with a largely positive response from Wall Street, insurance analysts and ratings agencies.
    01 January 2003
  • Conseco is Bankrupt - Finally! - It’s been a long time coming argues David Schiff
    It can take some time for a big, sleazy company to go bust. And it can take even longer when that company is run by an avaricious mountebank assisted by a bunkum-spewing accountant skilled in numerical prestidigitation.
    01 January 2003
  • Greenwich to focus on marine reinsurance
    A few weeks after Lloyd’s approved a last-minute funding deal with the Caribbean Imagine Insurance Co. Ltd, Greenwich and their new investors have restructured Syndicate 994’s underwriting portfolio. As a consequence, a moratorium has been placed on a num
    01 January 2003
  • Silverstein goes on the offensive
    The WTC litigation took another turn earlier this month. Silverstein Properties Inc, The Port Authority and Westfield have filed two new complaints alleging the original trial judge failed to take into account a “mountain of evidence” in an earlier ruling
    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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