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There are 91 results that match your search.91 results
  • Stanford CIO's $45mn Lloyd's claim creates dilemma for D&O insurers
    The success of a controversial $45mn claim from Stanford Financial Group (SFG)'s former chief investment officer (CIO) against a number of Lloyd's insurers will boil down to the specific wording of the original directors' and officers' (D&O) policy in whi
    06 April 2009
  • (Re)insurance stocks steady on bail-out failure
    Global (re)insurance stocks remained steady in early trading today (30 September) as news of the rejection by US Congress last night of the $700bn rescue package for the country's ailing banking sector sent tremors through global indices.
    30 September 2008
  • llinois quake marks 1906 'Big One' anniversary
    On the 18 April anniversary of the 1906 San Francisco "big one", a magnitude 5.4 earthquake shook southern Illinois last week issuing a warning to (re)insurers, some of whom are already reducing quake coverage.
    21 April 2008
  • UK earthquake could cost £30mn
    Property damage from the earthquake that hit the UK on 27 February is likely to cause insured losses of between £15-30mn, according to initial estimates by Risk Management Solutions (RMS).
    03 March 2008
  • Gallagher grows energy presence with Caribbean move
    Arthur J Gallagher & Co (AJG) has bolstered its presence in the energy markets with the agreement to acquire a 38.5 percent stake in Jamaican-headquartered intermediary CGM Group (CGM).
    17 December 2007
  • Gallagher acquires 'significant' stake in leading Caribbean broker
    Arthur J Gallagher & Co (AJG) has acquired a 38.5 percent interest in Jamaican-headquartered intermediary CGM Group (CGM) as part of the US-firm's strategic growth in the region, The Insurance Insider has learnt.
    14 December 2007
  • London counts cost of sub-prime
    London Market-fronted binding authorities specialising in the mortgage banking market look set for a hit from directors and officers (D&O) claims arising out of the sub-prime debacle.
    04 October 2007
  • Lloyd's debt spreads widen in credit market turmoil
    Spreads of Lloyd's subordinated debt over the London Interbank Offered Rate (LIBOR) have widened since late July as concerns over US sub-prime mortgages hit credit markets.
    07 September 2007
  • Decision to drop BAIC appeal leaves some uncertainty
    The advisors to a controversial scheme of arrangement have withdrawn their appeal leaving an untidy High Court decision apparently at odds with legal developments. When the proposed British Aviation Insurance Company (BAIC) scheme of arrangement...
    14 November 2005
  • Thousand perish in Indian Ocean earthquake
    More than 1,000 people are thought to have perished in the massive earthquake which struck a small island off western Indonesia yesterday – a mere 100 miles from the epicentre of the Boxing Day earthquake that left 280,000 people dead or missing across As
    29 March 2005
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