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There are 69,729 results that match your search.69,729 results
  • Insurers' disingenuous over liability losses
    "Close the law schools" quipped the legendary AIG chief Maurice "Hank" Greenberg earlier this month in response to a question on what could stem rising tort cost inflation. Controlling the spiraling costs of US tort awards has been a key theme this yea
    01 May 2003
  • Lloyd's pension deficit grows
    Corporation accounts reveal pension shortfall grows to £47mn post-tax and £19.9mn fees to support Project Blue Mountain (Kinnect) The Corporation of Lloyd's after tax pension deficit increased last year from £6mn to £47mn (£67mn before tax) because of
    01 May 2003
  • Dalzell-Piper joins Hiscox
    Former Faraday D&O underwriter Lance Dalzell-Piper has joined Hiscox to help the Lloyd's insurer market its professional indemnity lines.
    01 May 2003
  • If it ain't broke... - Lloyd’s was an aggressive monitor of commission payments in the London market, but with concerns rising that the FSA may be les
    Over the last five loss making years Lloyd’s lost around £6.9bn, yet it generously paid out £7.9bn over the same period in brokerage commissions for the privilege of writing the business. These sobering figures, compiled by The Insider’s analysis of Lloyd
    01 April 2003
  • Lloyd's results show 2000 misery
    Impressive turn-around in 2002 but 2000 yr figures deteriorate beyond £2bn mark Last month, The Insider’s analysis of the early 2000 results suggested that 11th quarter forecasts were unlikely to deviate significantly enough to push the loss for the y
    01 April 2003
  • D&O returns to Lloyd's
    US Directors & Officers cover is returning to Lloyd's after an almost complete withdrawal 18 months ago. Beazley is in negotiations to put together a $10mn Lloyd's facility in conjunction with other underwriters thought to include Hiscox. Beazley recently
    01 April 2003
  • PRI loses sight of white knight
    Shareholder backed Brit the only bidder after breaking PRI board’s resolve The board of UK insurer PRI finally succumbed to the weight of Brit pressure on 17 April when it agreed to recommend the insurer’s all share offer to its shareholders. Approval
    01 April 2003
  • GoshawK takes hit on death insurance
    Lloyd's insurer unveils disappointing results and agrees to reverse out £27mn of earned premiums from controversial viatical insurance GoshawK's involvement with viatical business - the controversial practice of buying life insurance policies off the
    01 April 2003
  • Lloyd's faces Central Fund fight
    Lloyd's was lauded in some quarters at the beginning of the month; praised for a record return to profit after years of losses, congratulated for its peer beating combined ratio, and bandied about as a unique performer in an otherwise depressed industry.
    01 April 2003
  • Hannover fails to answer critics
    Despite impressive underwriting results, doubts continue over Hannover Re’s stretched capital base, rating downgrades and heavy reinsurance exposures Poor Hannover Re. The world's fifth largest reinsurer declares a healthy profit, out-performs its pee
    01 April 2003
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