Insurance

Given its premium multiple, Securitas does not have much room to move. Its shares could stall or fall in coming months.

22 Nov 2002

Allianz Q3 loss hits E2.5bn, mulls bonds to boost capital

14 Nov 2002

A huge spike in bad loans at Dresdner, combined with flood losses and higher asbestos reserves, explain the record loss. After such a kitchensinking, it s natural to think Allianz is on the mend. But the German insurer isn t sure it is.

Allianz Q3 loss hits E2.5bn, mulls bonds to boost capital

14 Nov 2002

Royal & SunAlliance scraps rights issue, shrinks

7 Nov 2002

Even after this dramatic measure, it isn t clear whether RSA will have sufficient capital. Because investors wouldn t back it, RSA has been forced to shrink its business by 35%.

Royal & SunAlliance scraps rights issue, shrinks

7 Nov 2002

Roland Chlapowski parts company with Swiss Life

6 Nov 2002

First Royal & Sun, now Scor and Swiss Life have parted company with their chief executives. The market is finally imposing discipline on the industry's most egregious misallocators of capital. Zurich Financial Services and Royal & Sun Alliance lost their chief executives after overpriced acquisitions. But the reasons for Chlapowski s departure may be more worrying.

Roland Chlapowski parts company with Swiss Life

6 Nov 2002

Consob dealt another blow

31 Oct 2002

RSA should try its damndest to avoid a rights issue

22 Oct 2002

The British insurer needs about £1bn to finance its old "growth" business plan. But tapping shareholders for cash isn't the only, or even the best alternative.

RSA should try its damndest to avoid a rights issue

22 Oct 2002

Accounting is as easy as ABB

22 Oct 2002

The wrongs of rights

22 Oct 2002

Hard life

21 Oct 2002

Life goes on

17 Oct 2002

Toothless watchdog

14 Oct 2002

Less is more

24 Sep 2002

Wooden spoon

20 Sep 2002

Closing ranks

19 Sep 2002

Baa, Baa Black Sheep

19 Sep 2002

Not quite right

17 Sep 2002