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General Reinsurance Corp

1 through 19 of 19 matching documents, best matches first. Sort by date

Former Regulator: Difficult Questions Remain in Greenberg Dispute
General Reinsurance Corp. The agreement was announced to settle civil accounting fraud charges first brought against Greenberg and Smith in 2005 by then-Attorney General Eliot ...
Source: BestWire Date: February 15, 2017
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NY Reaches $9.9 Million Settlement With Former AIG CEO Greenberg, Ex-CFO Smith in Securities Fraud Suit
International Group Chief Executive Officer Maurice R. Greenberg and Howard I. Smith, AIG's former chief financial officer. "Today's agreement settles the indisputable fact that ...
Source: BestWire Date: February 10, 2017
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Former HIH Officer Pleads Guilty in Australian Finite Re Case
General Reinsurance Corp.'s Alternative Solutions division. According to APRA, as the division's CEO Vukelic was linked to questionable financial reinsurance transactions with FAI ...
Source: BestWire Date: September 27, 2007
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Three Former Execs Acquitted in Case Related to Collapse of Australia's HIH
General Cologne Re Australia Ltd. in 1998. ASIC had alleged that the "true substances" of those arrangements were concealed from auditors of FAI Insurances Ltd. and its ...
Source: BestWire Date: November 15, 2005
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Second General Re Exec Pleads Guilty in Federal Probe of AIG Deal
Berkshire Hathaway's General Reinsurance Corp. has pleaded guilty to a federal criminal charge in connection with a questionable finite reinsurance deal with American International ...
Source: BestWire Date: June 10, 2005
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Greenberg's Attorneys Blast AIG Financial Restatements
The filing of American International Group Inc.'s long-awaited 2004 earnings report contains several financial restatements and adjustments that promise to create fuel for disputes ...
Source: BestWire Date: June 1, 2005
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San Francisco Sues AIG on Behalf of City's Retirement System
American International Group Inc. on behalf of a city employees' pension fund that he claims suffered financial harm from AIG's alleged violations of securities laws. City Attorney ...
Source: BestWire Date: May 17, 2005
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Perspectives: Insurers and Investigators Are Redefining the Role of Finite Reinsurance
Innovation is a good thing, right? Reinsurers always have been great innovators, applying new techniques to increasingly complex problems created by economic conditions more ...
Source: BestWire Date: May 16, 2005
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Through Lawsuits, Institutional Shareholders Seek Change and Transparency at AIG
American International Group Inc. struggles with the accounting issues that attracted so much attention from state and federal officials, institutional shareholders are emerging as ...
Source: BestWire Date: May 9, 2005
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AIG Reinsurance Probes Likely to Spur Vast Changes in Industry Practices, Experts Say
General Reinsurance Corp., as well as dealings with offshore reinsurers in which it had controlling stakes, has fired at least three high-level executives for failing to cooperate ...
Source: BestWire Date: April 11, 2005
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As Greenberg Era Ends, Insurance Industry Leadership, Accountability Seem Less Certain
After another eventful week for American International Group Inc. as it attempts to sort out its troubles with federal and state regulators, industry watchers are wondering what ...
Source: BestWire Date: April 4, 2005
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AIG Acknowledges Improper Reinsurance Accounting, Pushes Back Release of 10-K
Berkshire Hathaway's General Re Corp. that involved two tranches of $250 million in 2000 and 2001. AIG said it commuted the first tranche of that transaction last November, ...
Source: BestWire Date: March 30, 2005
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Perspectives: Catastrophes Ruled 2004; This Year, Finite Re May Be the Industry Scourge
Among them, a probe by the U.S. Justice Department into whether Berkshire Hathaway's General Reinsurance Corp. used reinsurance arrangements to disguise loans for Reciprocal of ...
Source: BestWire Date: March 7, 2005
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Investigators Target Financial Reinsurance Transactions
Ace spokesman Robert T. Grieves said the company couldn't comment further on the issue at this point. Zurich Financial Services Group also said it has received subpoenas from the ...
Source: BestWire Date: November 17, 2004
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Perspectives: TRIA, Asbestos, Cycles...Uncertainty Looms for Reinsurance Industry
General Reinsurance Corp., and Swiss Reinsurance America Corp., all of whom say they--along with industry trade groups--have serious doubts about the trust fund approach to solving ...
Source: BestWire Date: April 26, 2004
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Liquidators of Australia's HIH Gain Extension to Probe Claims
Australian insurer HIH Ltd. to investigate claims against four companies, in an ongoing effort to recoup funds to pay HIH's obligations. The New South Wales Supreme Court granted ...
Source: BestWire Date: March 11, 2004
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Maximum Exposure
Reinsurers are in a strange position. After a long, soft market throughout the 1990s that kept underwriting income below the break-even point, fortunes seemed to be lifting ...
Source: Best's Review Date: August 1, 2003

Maximum Exposure: Reinsurance Regulatory Road Map Is Under Review
Since the shock of the Sept. 11 terrorist catastrophe and the massive losses it generated for global reinsurers, the OECD has become more concerned that greater risk exposure is ...
Source: Best's Review Date: August 1, 2003

Cashing Out
Meir Eliav, president of Legacy Benefits Corp., New York, and a founder of the Viatical & Life Settlement Association of America. "If an insured outlives the life expectancy by ...
Source: Best's Review Date: April 1, 2002