When you’re compiling a list of top 10’s, there is always the fear of leaving someone off, admitting someone who maybe does not deserve the billing or having the players out of order of importance. Believe me, those thoughts crossed …
Who made the most “news” as opposed to the most “noise” in 2002? There were lots of candidates, but the ones we’ve selected usually made news because they faced problems or took initiatives that weren’t unique to their own experience, …
Global Aerospace Underwriting Managers (GAUM), the world’s largest managing agent in the aviation market, is undergoing major changes. Aviva and Royal & Sun Alliance both announced that they will drastically reduce their participation, while Zurich-based Converium will up its stake …
Tropical Storm Isidore’s swept across Louisiana causing an estimated $18 million in flood damage according to Gov. Mike Foster, who is expected to seek federal aid and disaster declaration for areas of the state. The Associated Press reported that as …
Trenwick Group Ltd. announced that it has entered into an agreement with Berkshire Hathaway to increase the total premium capacity of Trenwick Managing Agents’ Syndicate 839 at Lloyd’s for the 2002 year of account to $512 million. Berkshire Hathaway, the …
Amid heavy lobbying on the part of financial lenders, insurers, real estate executives and even President Bush, the Democrats and Republicans in the Senate seem to have come to agreement that there is need for some kind of governmental role …
Germany’s Allianz announced the launch of “a new product addressing the need of airlines for a solution regarding their exposure to terrorism and war third-party legal liability.” The policy, which will be available through Allianz “together with a panel of …
The issue of whether or not the government should be in the business of providing terrorism insurance is a confusing one. Congress clearly has a problem with it. Although the House passed its version of a bill that would create …
Berkshire Hathaway’s boss Warren Buffett didn’t become America’s most successful investor, and one of its richest men, by making mistakes, so when General Re suffered a $2.4 billion hit from the WTC attacks, everyone waited to see what the impact …
Berkshire Hathaway’s boss Warren Buffett didn’t become America’s most successful investor, and one of its richest men, by making mistakes, so when General Re suffered a $2.4 billion hit from the WTC attacks, everyone waited to see what the impact …
