All Archive articles – Page 576
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Archive
Stop press... Folgate buys Trinity
Folgate buys TrinityThe Folgate Partnership has made its 33rd acquisition buying Trinity Insurance Advisers of Halifax. Trinity controls gross written premiums totalling about £10m of …
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Archive
Brit's capital reorganisation no threat to rating - Fitch
Brit Insurance had its financial strength rating affirmed today after announcing plans to reorganise its capital structure.Fitch Ratings affirmed Brit's A rating with a positive outlook.The ag ...
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Archive
Stop press...Geologistics appeal
Geologistics appealThe Financial Services Compensation Scheme (FSCS) is petitioning the House of Lords for leave to appeal the recent judgment by the Court of Appeal in the case of Geo …
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Downgrade for Allianz French and German marine and aviation operations
Ratings agency Standard & Poor's downgraded the German and French marine and aviation operations of Allianz to A- from A+.The businesses together are known as AMA.Credit analyst Emmanuelle Cal ...
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Archive
Ex-directors aim for claims deal
New venture plans to win unprocessed claims of failed Life Repair Group
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Misys shares down as profits fall 45%
Misys announced a "disappointing" set of results showing profits down by 45% and revenues down by 10% in the six months to 30 November 2003.The software group's financial services division, which ...
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Terrorism seen as a threat by just 20% of directors - survey
Terrorism features in just 20% of risk management plans, a survey found.Directors of 700 European companies were quizzed, leading to findings that 50% of companies have reviewed their business con ...
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Archive
Aon sued for £1m in contract row
Consultant claims money owed from Kazakhstan deal, but Aon counter-sues
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Archive
Insurers still vulnerable, FSA warns
Insurers rocked by legacy liabilities and constrained by lack of capital are vulnerable to "fresh shocks" despite current hard market conditions, the FSA warned.In addition, risk carriers' financi ...
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Online shopping 'creates opportunity for insurers'
A boom in the number of self-employed couriers delivering goods bought on the internet is creating a niche for insurance, it was claimed.The growth of online shopping would lead to increasing numb ...
