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There are 68,868 results that match your search.68,868 results
  • SEC probe into CIGNA following stock price fall
    Further woes for troubled insurer as SEC investigation follows class action suits CIGNA, the distressed US employee benefits giant currently defending class action suits over alleged violations of the Securities Exchange Act, is now being investigated
    01 November 2002
  • MRM offers $100mn to settle legion claims
    Allegations in a lawsuit filed against Mutual Risk Management suggest it has offered $100mn to the Pennsylvania Insurance Department for the settlement of all claims relating to its defunct subsidiary Legion Insurance.
    01 November 2002
  • Near North consolidates Aon allegations
    The feud between Aon and its Chicago rival Near North Insurance Brokerage reached a new intensity last month when Near North consolidated its allegations against Aon and some of its employers for civil conspiracy, cyber crimes and breaches of trade secret
    01 November 2002
  • Beazley goes public to fund expansion change
    The Lloyd's insurer plans to raise £150mn when it goes public on the 12 November Beazley, the Lloyd's insurer, has abandoned plans to form a Bermudian operation when the company goes public next week in a £150mn issue.
    01 November 2002
  • Bermudian optimism maintained
    In contrast to many of the stretched European (re)insurers, the Bermudian carriers are benefiting from the ripe conditions as they expand their international profiles
    01 November 2002
  • London withdraws further from US D&O
    London's rapid retreat from US Directors’ & Officers’ coverage has begun to look like total capitulation after the withdrawal of Faraday and the departure of a leading AIG underwriter within days of each other.
    01 November 2002
  • Lothian joins RISK
    Former QBE underwriter joins the mysterious Lloyd’s based MGA RISK Andrew Lothian, the former QBE underwriter who was considering launching a start-up operation with his former colleague Bob Grant, is to join RISK, the Lloyd's based managing agency he
    01 November 2002
  • Lloyd's broker rejects Aon bid
    Newman, Martin & Buchan Ltd, the Lloyd's energy reinsurance broker, has rejected a surprise takeover bid from Aon. According to market sources, NMB's chairman and cofounder Gordan Newman flew to Aon's Chicago headquarters recently to meet with Pat Ryan, t
    01 November 2002
  • SCOR's Blondeau falls on sword
    SCOR’s longstanding chairman and ceo Jacques Blondeau has paid the price for the reinsurer’s miserable results and rating downgrades by resigning from the group. Last month SCOR, the world’s 8th largest reinsurer, issued a profits warning and predicted
    01 November 2002
  • Hannover's capital issue
    As Hannover Re expands rapidly, the reinsurer’s balance sheet looks increasingly taut Premium growth for the first six months of 2002 soared by 32 percent for Hannover Re, the world's 5th largest reinsurer. However instead of being a cause for celebra
    01 November 2002
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