Yearly Archives: 2005

Lloyd’s Note on Prettejohn

In a brief announcement Lloyd’s acknowledged the announcement by the U.K.’s Prudential Plc that CEO Nick Prettejohn will leave his...

Willis Announces Credit Facility

Global insurance broker Willis Group Holdings announced that it has entered into a new $300 million five-year revolving credit facility....

S&P Affirms AXA Re ‘AA-” Ratings

Standard & Poor’s Ratings Services announced from its Paris Office that it has affirmed its “AA-” insurer financial strength ratings...

S&P Rating Action on Odyssey Re

Standard & Poor’s Ratings Services announced that it has assigned its “BB” preferred stock rating to Odyssey Re Holding Corp.’s...

Types of employee fraud

The operations manager for a $56 million bank controlled the suspense accounts entirely on her own. She reviewed the unposted...