Chubb CEO Says Industry Is Strong, Warns That Unavailability of Reinsurance Will Jeopardize Future T October 1, 2001 Dean R. O’Hare, Chairman and CEO of The Chubb Corporation, one of the world’s leading property and casualty insurers, told...
Insurers Assess Possible Government Role for War, Terror Cover October 1, 2001 In the wake of the terrorist attacks on the U.S. the world’s insurers are reassessing government’s potential role as the...
Fallout From Independent’s Collapse Continues, Regulators Questioned September 30, 2001 By Charles E. Boyle What did you know, and when did you know it?” Those questions from the Watergate era are increasingly being asked...
China To License Nine European Insurers September 27, 2001 Chinese insurance regulators have notified nine European insurers that they may submit documents preliminary to receiving licenses to begin or...
Hiscox Estimates Loss from U.S. Attacks at September 26, 2001 The U.K.’s Hiscox Plc, which writes business through the Lloyd’s market and independently, released its estimate that the Sept. 11...
Navigators Estimates Losses from Terrorist Attack September 25, 2001 The Navigators Group Inc. estimates its after tax net loss from the September 11th terrorist attack on the World Trade...
True Loss from Sept. 11 Terrorist Attacks on U.S. is Immeasurable, As Estimates of Potential Insured September 24, 2001 By Catherine Tapia “The World Trade Center is a living symbol of man’s dedication to world peace, his belief in cooperation of men...
Trade Center Attack, Acquisitions, Economy to Test AIG September 24, 2001 By Charles E. Boyle The events of Sept. 11 shook the foundations of the entire American financial community, and American International Group was no...
U.S.- EU To Help Airlines Cover War, Terrorist Risks September 24, 2001 The governments of the U.S., the U.K. and the European Union rode to the rescue of the airline industry over...
Stockton Reinsurance Ltd. Downgraded September 24, 2001 A.M. Best Co. downgraded the financial strength rating (FSR) of Stockton Reinsurance Limited to “BB++” from “A-” and removed the...