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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)

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68711 results
  • The standard model capital charge would be the equivalent of the 25 largest cat losses of the past decade all occurring in one year. No wonder Lloyd's is seeking approval for its own model
  • The body responsible for regulating the UK solicitors' professional indemnity (PI) market is recommending key changes to cut the cost of providing non-commercial cover to firms.
  • Cathedral's Lloyd's Syndicate 2010 was the protection buyer involved in an innovative private cat bond securitisation that may pave the way for future syndicates or smaller (re)insurers to acquire protection from the capital markets
  • Guy Carpenter is understood to have won the lead position on the Italian reinsurance placement for insurance giant Assicurazioni Generali from rival Aon Benfield.
  • But our columnist Buffy is troubled by calls to restrict small Lloyd's start-ups
  • The former Lloyd's CEO is on a shortlist to be the next chairman of Brit Insurance in 2011, as shareholders meet this week to vote on the £865mn+ buy-out
  • Lloyd's (re)insurer Beazley Group is contemplating a $50mn capital return as it looks to shore up its position with investors after its £185mn takeover approach for smaller rival Hardy Underwriting collapsed
  • Shipping protection and indemnity (P&I) specialists at Willis have warned in a state-of-the-market report due out later today (13 December) that claims continue to climb to record levels, challenging the sector's recent financial recovery.
  • Ratings agency Standard & Poor's (S&P) has upgraded the financial strength ratings of a number of Ace Group's operating companies from A+ to AA- with a stable outlook.
  • Beazley takeover target Hardy Underwriting has ended speculation about the identity of its new third-party backer by revealing it is the previously unnamed Bahrain-based Arab Insurance Group (Arig).