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  • Benfield’s $179mn acquisition of E W Blanch (EWB) catapults the privately owned broker into the world’s third largest broker reinsurance slot, behind Aon and Guy Carpenter (Marsh) Benfield had made no secret of its desire to expand its US operations. E W
  • Continued poor forecasting adds to dismal performance of Syndicates In February 2000 Douglas Morton joined the Corporation of Lloyd's as Chief Analyst, reporting directly to Pat Hakong in the Market reporting and Solvency Department. His appointment ha
  • Willis relocates to Bermuda; proposes a partial offering of its stock in the United States; and Kohlberg, Kravis Roberts announce that they're not quite ready to sell their shares just yet etc.
  • Stirling Cooke Brown's path towards redemption has taken a further step with the announcement of a re-branding exercise and the appointment of Tony McCallum as the new managing director of the Company's London operations. As a result of the re-branding SC
  • Proposed spin-off troubled by disputed workers’ compensation carve out losses Zurich Financial Services’ ability to spin-off its reinsurance division will depend upon persuading investors that a series of losses, including ongoing exposures arising fro
  • First City, the independent Broker specialising in insurance for financial institutions, will recruit the five strong FinPro team that resigned from Marsh's Financial and Professional Indemnity division (FINPRO) subsidiary last month. The move will contin
  • Dear Sir, Re: Laptop: Diversification of Risk I was pleased to see another reference in your January 2001 column to my 1988 MBA dissertation on risk and reward at Lloyd’s. A few minor points might interest you.
  • E W BLANCH A victim from the Unicover fallout, Blanch looks out on a limb as takeover speculation mounts On 6 May 1993, in the midst of strong investor confidence in insurance and reinsurance stocks, E W Blanch went public. Viewed as one of the US's
  • Tax reform bolsters results but disappointment with Clarendon acquisition gives weight to the Cassandras. Hannover Re, the world’s fifth largest reinsurer, expects gross premium income to grow by 25 percent for 2000 to some €8.4bn. However, pre-tax inc
  • The London contingency market, which routinely attracts publicity for covering outlandish risks such as prize indemnity and sporting non-events, has itself been washed out by that double whammy of too many claims and too much capacity. The latest departur