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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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  • Attention is shifting onto Continental Airlines' historic aviation liability insurance programme after a Paris court ruled today (6 December) that it was "criminally responsible" for the fatal crash of a Concorde jet a decade ago.
  • American International Group (AIG) chairman Steve Miller has played down reports that the insurer is considering another debt issuance after successfully selling $2bn of bonds last week.
  • Despite balance sheet strength, Bermudians are facing a raft of challenges that will lead to disparities in companies' financial performance over the next 12-18 months, AM Best has warned.
  • The body responsible for regulating the UK solicitors' professional indemnity (PI) market is proposing a radical overhaul that would include abolishing the single date annual renewal.
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  • Specialty insurer Hiscox has added two new non-executive directors to its board - Richard Gillingwater and Bob McMillan..  </
  • Private equity backed Lloyd's insurer Barbican has now received approval to form its own Lloyd's managing agency, as predicted by The Insurance Insider earlier this month.
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  • American International Group (AIG) has returned to the capital markets for the first time since its government bailout in September 2008 with a $2bn bond issue.
  • ProSight acquisition is confirmed; Ratings agency downgrades Allianz subsidiary; HCC announces two additions to board...