AIG loss in 2002
AIG was forced into loss in the last quarter of 2002 after having to boost its reserves.
It made a net loss of $103.8m (£64.4m) compared to net income of $1.87bn (£1.16bn) in the same period the year before.
Its net income for the full year was $5.52bn (£3.4bn), compared to $5.36bn (£3.35bn) in 2001.
Chief executive Maurice Greenberg last week denied the US giant feared war in Iraq.
He said: "Our business in the Middle East is not huge. We have both life and non-life operations, and neither one was impacted very much by the first Gulf war."
Any rebuilding after damage would have to be insured, giving the industry a boost, he said.
Windsor shares
Fleming Mercantile Investment Trust has a beneficial holding of 2.28m shares, or 4.15%, of the issued share capital of Windsor.
L&G stake rises
Legal & General has bought an extra 1.4 million shares, or 0.8%, of Goshawk, taking its total holding to 5.9 million shares, or 3.4%
Brit expects £1bn
Brit has forecast that total premium income written by the group for the 2003 year of account will exceed £1bn for the first time.
The company said renewals in 2003 have been "exceptionally positive".
Intech profits
Intech Solutions made a pre-tax profit of £113,020 for the year ended 30 June 2002.
Managing director Tony Holland said it had "bucked the trend" despite falling investment returns and spending on IT.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
