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There are 68,813 results that match your search.68,813 results
  • Willis facing WTC backlash
    Joe Plumeri’s arrival has coincided with the return of prosperous times. But the broker’s role in placing the WTC lineslip is an unwelcome cloud on the horizon In May Willis' majority owner, the US private equity firm KKR, took advantage of the broker
    01 June 2002
  • E&O insurers get tough with HLF
    Soon-to-be floated broker admits errors and omissions exposures are “unsustainable” after its insurers demand a leap in rates and conditions Investors in HLF, which is due to float on the London Stock Exchange this summer, will be backing a company tha
    01 June 2002
  • WorldCom borker Marsh gets liability blues
    Marsh, the world's largest insurance broker, has been sensationally dumped by Aetna on placing its own liability cover.
    01 June 2002
  • £140mn PRI start-up boosts London morale
    The morale of the London market - which has come up second best against Bermuda in the post 11 September capital raising stakes - was improved with the announced £139mn AIM float of Professional Risk Insurance Ltd.
    01 June 2002
  • Nissan takes $1bn in Fortress Re losses
    Nissan Fire & Marine now estimated its aviation losses in connection with reinsurance contracts written by managing agent Fortress Re now total 128.8bn yen ($1.035bn).
    01 June 2002
  • Amlin plans to buy out 2001 Names
    Amlin, the largest independent Lloyd’s insurer, has announced plans to raise £80mn from a rights issue to fund a buy-out offer to Names on its flagship Syndicate 2001.
    01 June 2002
  • AXA downgraded over difficulties with corporate solutions
    Rating agency A.M. Best Co. has downgraded the financial strength ratings to A (Excellent) from A+ (Superior) of the members of AXA Corporate Solutions (AXACS), France.
    01 June 2002
  • Wellington deal highlights tensions in Lloyd's capital base
    One of the most public airings of dirty washing in recent Lloyd's history ended with Names supporting plans to form Wellington Re. But it’s the insurer's nine month struggle to raise funds which shows the problems of the Society's convoluted and divided c
    01 June 2002
  • On the insurance beat - by David Schiff - of Schiff ’s Insurance Observer
    Buffettology Merrill Lynch recently agreed to pay a $100-million fine after New York attorney general, Elliot Spitzer, investigated the firm and was shocked to discover that its analysts had, allegedly, defrauded investors by recommending stocks of dub
    01 June 2002
  • Is AIG being re-rated?
    While analysts react positively to AIG’s charm offensive, investors are continuing to sell Maurice “Hank” Greenberg has been described, with good reason, as the greatest man in insurance. He didn't form AIG, the world's largest insurance company by mar
    01 June 2002
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