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There are 68,868 results that match your search.68,868 results
  • Some Thoughts on Insurance Company Ratings - An Unusual Correspondence by David Schiff
    The front page of the business section of yesterday's (20 March) New York Times carried the following headline: “Credit Raters to Explain Enron Role.” The rating agencies' explanations took place yesterday before the Senate Governmental Affairs Committee,
    01 April 2002
  • SCB's guaranteed profit scheme
    The Insider's exclusive coverage of the Sphere Drake arbitrage trial continues with the revelation of SCB's supposed win-win scheme for PA LMX reinsurers Stirling Cooke Brown devised an intricate business plan guaranteeing net profits for insurers who
    01 April 2002
  • Dennis to the rescue
    Aon's Dennis Mahoney has become involved in Combined's $100m WTC dispute with Lloyd's Dennis Mahoney, the rumbustious docker's son and head of Aon's UK operations, has been charged with responsibility for cajoling Lloyd's underwriters into paying the e
    01 April 2002
  • Enron to buy new D&O programme from London
    Enron's new directors will be able to purchase directors and officers insurance, after the US bankruptcy court gave permission for funds to be released to pay the premium earlier this month.
    01 April 2002
  • St Paul to stop reinsuring Lloyd's central fund
    St Paul, one of the giant corporate capital providers to Lloyd's thought to be cooling about its involvement in the market, will not renew its reinsurance of the Central Fund when the policy expires next year.
    01 April 2002
  • Lloyd's rating affirmed
    Fitch, the ratings agency, has removed Lloyd's from Ratings Watch and has affirmed its financial strength rating as A-. Lloyd's was double downgraded by Fitch on 21 September 2001 from A+ following uncertainties over “Lloyd's poor earnings performance in
    01 April 2002
  • SCB's Realm National wins Hancock arbitration
    An arbitration panel has ruled in favour of Realm National, Stirling Cooke Brown's C++ rated property and casualty reinsurer, in its dispute with John Hancock over a workers' compensation carve out reinsurance.
    01 April 2002
  • Wellington close to £1bn capacity target
    Wellington are planning a 50 percent increase in capacity after agreeing terms for quota share reinsurance and a new parallel syndicate.
    01 April 2002
  • Beazley plans Bermuda move
    One of the few remaining independent Lloyd’s insurers plans to raise private equity capital in expansion drive The largest independent Lloyd’s agency Beazley is planning to raise capital from a consortium of private equity firms as part of a fund raisi
    01 April 2002
  • HIH "accounting shortcomings" over FAI purchase
    Dramatic testimony at the Royal Commission hearing into the collapse of Australian insurance company HIH has exposed the "accounting shortcomings" of HIH surrounding its 1998 acquisition of FAI Insurance.
    01 March 2002
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