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Company Example A

Overview
Content
Data

Company type

Insurance-Linked Securities (ILS) and Investment Managers

Miscellaneous

Founded
1896

Major offices

Zurich, CH (headquarters)
Nassau, BS

Officers

Smedley MacGuffin (CEO)

Search and Filters
Month
Year
68940 results
  • Pender Mutual collapse strains
    Cover for up to $65bn of telecoms assets may have to be placed on the open market following the collapse in November 2004 of Pender Mutual Insurance Company (PMIC), the Isle of Man based insurer set up to provide cover for Cable & Wireless and other large
    01 January 2005
  • Banc of America boosts MMC with upgrade
    Analysts at Banc of America Securities provided a New Year boost to MMC by upgrading their stance on the world's largest insurance broker from "neutral" to "buy".
    01 January 2005
  • ALAS settles: reinsurers win back commutations
    A second dispute, which went to arbitration in November 2004, saw London market reinsurers victorious in a dispute over professional indemnity reinsurance cover broked by Carvill for the Attorneys Liability Assurance Society (ALAS), a US-based mutual insu
    01 January 2005
  • Aspen Specialty resignation
    The chief executive of Aspen Insurance Holdings’ US specialty insurer Aspen Specialty Insurance Company has resigned after admitting he supplied false information about his “educational credentials” in regulatory submissions.
    20 December 2004
  • Endurance gets positive outlook
    Fast-growing Bermudian post-9/11 start-up Endurance Specialty saw it’s A- Standard & Poor’s ratings outlook updated from stable to positive last week (13 December) on the back of its “strong competitive position, which is supported by a diversified busine
    20 December 2004
  • Fairfax’s equity issue
    Canadian holding company Fairfax Financial Holdings has announced the closure of its issuance of $300mn of subordinate voting shares (2,406,741 shares) to a number of institutional investors, including Markel Corporation ($100mn) and Southeastern Asset Ma
    20 December 2004
  • Supreme court rules on EL
    A recent decision by the US Supreme Court on environmental liabilities could have profound consequences for the insurance industry, analysts at Morgan Stanley have warned.
    20 December 2004
  • Concern over deteriorating D&O market
    Fears over deteriorating conditions in the market for US Directors’ and Officers’ insurance (D&O) have been confirmed by actuarial consulting firm Tillinghast in its annual survey on the sector.
    20 December 2004
  • St Paul Travelers plans board cull
    Nine months into its merged existence, US insurer The St Paul Travelers revealed last week (16 December) that it plans to slash the size of its board from 23 to a proposed 13 members.
    20 December 2004
  • Glacier formed
    Switzerland got a new reinsurer last week with the launch of Glacier Re, a niche, global specialty reinsurer backed by money from legendary investment guru George Soros.
    20 December 2004
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