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1 through 16 of 16 matching documents, best matches first.   Sort by date

Insurance Executives Worry Over Growing Regulatory, Catastrophe Risks
Karl Wittmann, a member of Munich Reinsurance Co.'s board of management and moderator of the panel, told the audience that Ram Kishore Joshi, chairman and managing director of ...
Source: BestWire   Date: July 24, 2006
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IIS Conference Probes Globalization, Convergence of Insurance Risks
Natural catastrophes no doubt are upping the ante for the industry. But as more than 500 delegates to the 42nd annual seminar of the International Insurance Society heard this ...
Source: BestWire   Date: July 20, 2006
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N.Y. Insurance Deputy Moves to Ace
What was your agency's response? A. The New York Insurance Department worked closely with the Attorney General's office in New York on the investigations and the settlements. At ...
Source: BestWire   Date: May 1, 2006
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Ace Settles for $80 Million With Three States in Finite Reinsurance, Brokerage Probes
New York, Connecticut and Illinois. Those settlements will cost Ace $80 million pretax, a charge to first-quarter earnings that cut into an otherwise impressive performance. Ace ...
Source: BestWire   Date: April 26, 2006
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Global Insurers Seen Needing More Capital to Withstand Storms
The capital implications for global insurers as a result of the 2005 U.S. hurricanes still are being formulated but are likely to be significant, according to Andrew Kendrick, ...
Source: BestWire   Date: April 24, 2006
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Ace Execs Downplay Effect of Restatements on Strong Second-Quarter Results
Chief Financial Officer Philip V. Bancroft said only that the restatements had no impact on second-quarter results, other than income that was reclassified as deposits rather than ...
Source: BestWire   Date: July 26, 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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Good Night, Finite?: Innovators on the Front Line
American International Group, Ace Ltd., Platinum Underwriters Holdings Ltd., MBIA Inc., St. Paul Travelers Cos., Swiss Re, Zurich Financial Services Group and Berkshire Hathaway ...
Source: Best's Review   Date: April 1, 2005
Rival Insurers Seek to Block Sale of Ace's Asbestos-Impaired Units
Four of its biggest competitors are targeting Ace Ltd.'s move to sell off units that carry large prior-year asbestos obligations by complaining to regulators in Pennsylvania and ...
Source: BestWire   Date: February 18, 2005
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Ace Consolidates European Operations in London
Financial Services Authority. The consolidation was completed with the successful transfer of the insurance and reinsurance portfolios of Brussels, Belgium-based Ace Insurance S.A. ...
Source: BestWire   Date: January 17, 2005
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Ace sale of $1 Billion in Assets Raises Profile of London-Based Runoff Specialist
Ace American Reinsurance Co., Brandywine Reinsurance Co. (U.K.) Ltd. and Brandywine Reinsurance Co. S.A.-N.V. Ace (NYSE: Ace) said the sale would bolster its asbestos and ...
Source: BestWire   Date: January 13, 2005
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Benfield's U.S. Unit Adopts Full-Disclosure Guidelines in Response to Spitzer Probe
The group said its U.S. subsidiary, Benfield Inc., will also disclose to its reinsurance customers all material relationships it has with its customers' reinsurers. The ...
Source: BestWire   Date: December 14, 2004
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Swiss Re Subpoenaed in Growing Financial Reinsurance Probe
Swiss Re Group said it has received requests from the U.S. Securities and Exchange Commission and the New York state Attorney General for documentation related to nontraditional ...
Source: BestWire   Date: November 22, 2004
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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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Ace to Bolster U.K. Presence With Shift from Belgium to London
Ace European Group Ltd. is on course to bolster its presence in the United Kingdom after winning regulatory permission to move business from Belgium to London. Ace said in a ...
Source: BestWire   Date: November 9, 2004
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Bermuda Insurers Look Ahead to a Transformed Market
Dominic Frederico, Ace Ltd.'s president and chief operating officer, predicted rate increases of 50% to 100% across wide swaths of the commercial liability, property and aviation ...
Source: BestWire   Date: October 5, 2001