PIMCO Honored by Risk magazine as "Risk Manager of the Year" for Asset Management
February 04, 2002 14:00 ET | PIMCO
NEWPORT BEACH, Calif., Feb. 4, 2002 (PRIMEZONE) -- PIMCO, long recognized as one of the world's premiere fixed-income fund-management companies, was named "Risk Manager of the Year" in the...
Converium Holding Ltd.: Agreement with Crop 1 Insurance to Manage Delivery of U.S. Federal Crop Insurance
January 31, 2002 01:28 ET | Converium Holding AG
ZUG, Switzerland, Jan. 31, 2002 (PRIMEZONE) -- Converium Holding Ltd. (NYSE:CHR) is pleased to announce that its US insurance subsidiary Converium Insurance (North America) Inc. (formerly ZC...
Direct Line Insurance: Drivers' Undecided Over Speed Limiters in Cars
January 30, 2002 09:35 ET | Direct Line Insurance
STOCKHOLM, Sweden, Jan. 30, 2002 (PRIMEZONE) -- Direct Line Insurance: Just over half of drivers (51%) would approve of the compulsory fitting of speed limiters on all new cars to ensure they...
Skandia Named One of Europe's Best Employers
January 24, 2002 04:39 ET | Skandia
STOCKHOLM, Sweden, Jan. 24, 2002 (PRIMEZONE) -- Skandia has been named as one of the ten "greatest workplaces in Europe" by America's Fortune magazine. Fortune has been publishing yearly lists of...
Bexil Corporation Acquires 50 Percent of York Insurance Services Group
January 18, 2002 16:06 ET | Bexil Corporation
NEW YORK, Jan. 18, 2002 (PRIMEZONE) -- Bexil Corporation (AMEX:BXL) and the management of York Claims Service, Inc. announced today the acquisition of York from American International Group, Inc....
Skandia: December Sales SEK 11.0 Billion
January 16, 2002 05:35 ET | Skandia
STOCKHOLM, Sweden, Jan. 16, 2002 (PRIMEZONE) -- Skandia: Sales in December Sales amounted to SEK 11.0 billion, compared with SEK 10.1 billion in November 2001. New Sales of Unit Linked...
SCOR Announces a Loss Estimate for 2001 and Confirms that Its Strong Fundamentals Will Enable it to Fully Benefit in 2002 from the Major Recovery in the Reinsurance Market
January 15, 2002 03:15 ET | CompanynewsGroup
PARIS, Jan. 15, 2002 (PRIMEZONE) -- SCOR Group (NYSE:SCO) - A combination of negative factors that emerged at the end of the year weighs earnings estimates for 2001. The accumulation of negative...
If Strengthens Focus on Investments
January 09, 2002 09:52 ET | If P&C Insurance
STOCKHOLM, Sweden, Jan. 9, 2002 (PRIMEZONE) -- Following completion of the merger with Sampo's P&C operations, the enlarged If will have total investment assets of some 70 billion SEK, including...
Skandia Continues to Refine its Strategic Focus
January 08, 2002 03:32 ET | Skandia
STOCKHOLM, Sweden, Jan. 8, 2002 (PRIMEZONE) -- Skandia Insurance Company Ltd. is continuing the strategic focusing of its business through the sale of the ongoing asset management activities of...
SCOR Announces Placement of USD 150 Million CAT Bond
January 03, 2002 02:53 ET | CompanynewsGroup
PARIS, Jan. 3, 2002 (PRIMEZONE) -- SCOR Group (NYSE:SCO) today announced that it has placed in the capital market, a second multi-year reinsurance protection of USD 150 million intended to cover...