On June 12, French police detained and questioned AXA’s Management Board Chairman Henri de Castries and his predecessor, the company’s founder Claude Bébéar, who now presides over its Supervisory Board, about a massive tax evasion scheme involving former AXA subsidiary …
On June 12, French police detained and questioned AXA’s Management Board Chairman Henri de Castries and his predecessor, the company’s founder Claude Bébéar, who now presides over its Supervisory Board, about a massive tax evasion scheme involving former AXA subsidiary …
Newark, California-based Risk Management Solutions has released “two comprehensive data products designed to quantify the risks associated with European windstorms.” The heavy losses, $14.4 billion ($7.8 billion insured), caused by the storms Lothar and Martin at the end of 1999 …
Claude Bébéar, AXA’s founder and head of its advisory board, and its current CEO, Henri de Castries, were freed yesterday after each posted a 2 million franc ($258,000) bond. The two business leaders remain under investigation, however, in connection with …
French police detained and questioned AXA’s Management Board Chairman Henri de Castries, and his predecessor the company’s founder Claude Bébéar, who now presides over its Supervisory Board, about a massive tax evasion scheme involving PanEuroLife, a Luxembourg-based subsidiary of UAP, …
The London insurance market achieved two significant milestones recently with the admission to Lloyd’s membership of three non-U.K.-based brokers, and the launch of Ins-sure Services, Ltd., which will assume the responsibility of managing back office procedures for both Lloyd’s and …
The London insurance market achieved two significant milestones recently with the admission to Lloyd’s membership of three non-U.K.-based brokers, and the launch of Ins-sure Services Ltd., which will assume the responsibility of managing back office procedures for both Lloyd’s and …
A.M. Best’s newly published Captive Directory reports that 245 new captive insurance companies were formed in 2000, while 170 were liquidated, a net gain of 31.6 percent over 1999. Best predicted further growth in 2001 to result from a continued …
Of the six new brokers admitted to Lloyd’s select fraternity five are based outside of the U.K., marking the first time that the venerable institution has given foreign brokers direct access to the Lloyd’s market. Beginning this year Lloyd’s revamped …
Insurance specialist A.M. Best’s newly published Captive Directory reports that there were 245 new captive insurance companies formed last year, while 170 were liquidated, a net gain of 31.6 percent over 1999. Best predicted further growth in 2001, “due to …
