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Dan Ascher

Published by this author:

  • James River beats consensus as top line balloons by 60%
    James River surpassed the expectations of analysts in the fourth quarter as it reported operating profit of $23.2mn and a top line that increased by almost 60 percent.
    Dan Ascher, 16 February 2017
  • Maiden shares plunge 10% after $120mn reserve charge
    Shares in Maiden Holdings plummeted by more than 10 percent today after the Bermuda-based reinsurer announced a $120mn charge related to commercial auto losses.
    Dan Ascher, 15 February 2017
  • Maiden’s commercial auto losses force a $120mn charge
    Bermuda-based reinsurer Maiden, which has a significant quota share with AmTrust, bolstered reserves by around $120mn in the fourth quarter mainly to adjust for commercial auto losses over four years through to 2014
    Dan Ascher, 15 February 2017
  • Greenberg: A 12-year fight
    Friday night (10 February) brought a spectacular end to probably the most important insurance dispute of a generation as New York's Attorney General (AG) announced that former AIG boss Maurice "Hank" Greenberg had admitted to involvement in two fraudulent transactions during his decades-long tenure.
    Dan Ascher, 14 February 2017
  • Greenberg’s admission speaks for itself: New York AG
    The war of words between former AIG boss Maurice "Hank" Greenberg and New York Attorney General (Eric Schneiderman intensified on Monday (13 February) as the two fought to get the better of the media coverage after the settlement on Friday of 12-year-old fraud charges
    Dan Ascher, 14 February 2017
  • Greenberg: I did nothing wrong
    Maurice "Hank" Greenberg has emphatically denied all wrongdoing and branded the New York Attorney General (AG)'s pursuit of him "a witch hunt" in an interview with this publication after he agreed to settle longstanding claims against him for $9mn
    Adam McNestrie, 13 February 2017
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