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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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68681 results
  • Ambac says banks are liable for RMBS losses
    Ambac Assurance Corp, a subsidiary of troubled bond insurer Ambac Financial Group Inc, has said banks may be liable for some of the losses resulting from poorly performing mortgage bonds that it insured.
    22 November 2010
  • Sluggish run-off holds back Charles Taylor
    Charles Taylor plc has warned that its full-year 2010 earnings will be at the lower end of expectations as its legacy operations continue to underperform.
    22 November 2010
  • News in brief
    Barclays hires new MD of insurance; Heath Lambert strengthens projects risks division; Canopius strengthens marine and North American facilities teams; Markel International expands trade credit division; Tawa announces share buyback programme; Russell Group launches underwriting software package.
    22 November 2010
  • Investors seek ILWs to counter low-risk cat bonds
    Buyers of industry loss warranty (ILW) instruments are seeking more risky exposure to European wind to provide balance to the run of low-risk new cat bonds that have been issued in recent months.
    22 November 2010
  • Willis UK head adds global COO role to duties
    Willis UK head David Margrett will take up the role of president and chief operating officer of Willis Global in addition to his existing responsibilities, The Insurance Insider has learnt.
    22 November 2010
  • Sagicor hit by London market losses
    Caribbean insurer Sagicor's international property and casualty unit posted a $7.8mn loss in the third quarter as the London-based operation picked up losses from the New Zealand earthquake.
    22 November 2010
  • Zurich upgraded to A+
    Zurich Financial Services has been upgraded by AM Best to reflect the global insurer's stronger balance sheet.
    22 November 2010
  • Qatari executives join CATCo board
    Start-up Bermudian reinsurance fund CATCo has signed up two executives from the Qatar Insurance Company to its board.
    22 November 2010
  • QBE spends $275mn on RenRe’s insurance arm
    QBE has continued its North American acquisition drive with an agreement to purchase Bermudian RenaissanceRe's US insurance operations for around $275mn.
    22 November 2010
  • UK solicitor body orders PI insurance investigation
    The UK Solicitors Regulation Authority (SRA) has ordered an audit of insurers providing professional indemnity (PI) cover to the industry amid growing concern over the misreporting of income on compulsory cover, The Insurance Insider can reveal.
    22 November 2010
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