All Online only articles – Page 127
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ING saved by Dutch government
EUROS 10bn euros to be invested in ING after EUROS 1.6bn write-downs.
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UK already in recession, says E&Y
GDP predicted to fall 1% in 2009, then grow 1% in 2010.
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ACE expects $1.5bn 3Q investment loss
Operating income for 3Q to be between $1.44 and $1.48 per share.
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Europe resorts to legal action on reinsurance rules
Five European states are taken to court for their failure to implement directive
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‘Whole teams’ could leave AIG
Sources say a slide in employee share benefits and bonuses means executives could more easily be lured by competitors
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AIG humbled over ‘junkets and perks’
New boss Liddy makes concessions after being called to New York Attorney General’s office
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Global insurance market outlooks slashed
Fitch sees mounting pressure on insurers around the world
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AIG replies to NY Attorney General
AIG says it has issued a clear directive ending all activities "that are not essential to the conduct of our business"
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Negative outlook for Dutch insurance industry
Moody's assessment is based on credit conditions rather than number of expected downgrades
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Hurricane Omar batters Virgin Islands
Rapid intensification to Category 3 exceeded forecasters expectations
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New active underwriter at Kiln Syndicate 807
Lloyd Tunnicliffe takes over from Stephen Mathers, who led the syndicate for 17 years
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AIG "pedicure-gate"
Row over $0.5m hotel costs at company conference after the $85bn government bailout.
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Collins and Especializada Re form broker alliance
Two companies join forces to serve Brazilian reinsurance market