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Monte Carlo: Investors hear ‘soggy’ pricing theme
One recent tradition at Monte Carlo is the convoy of investors and equity analysts that join underwriters and brokers for Rendez-Vous week.
20 September 2010
New launch INREM promotes mediation to cut industry legal costs
The vast cost to the (re)insurance industry of legal disputes is under challenge from a London-based launch that is promoting mediation as an alternative to the traditional route of lawyers and acrimonious litigation.
21 February 2011
Equity Syndicate’s losses could mount to £480mn
Equity Syndicate 218's losses from its misfiring motor book are likely to reach £480mn, figures released by Equity Syndicate Management Limited suggest.
21 February 2011
Ambac reveals losses
Shares in bond insurer Ambac Financial Group plummeted after the company revealed a net loss of $1.66bn for Q1 2008 compared with a prior-year profit of $213mn.
28 April 2008
QBE details giant reinsurance cover
QBE has confirmed details of its giant $1.3bn multi-year global cat reinsurance cover, which was first revealed by The Insurance Insider last November.
07 February 2011
Satyam fraud potential $75mn D&O hit; Siemens 'confident' of EUR250mn pay-out
Indian-based software exporter and outsourcing giant Satyam Computer Services Ltd - which was earlier this month hit by its founder and former chairman B Ramalinga Raju's confession to a $1bn fraud - had a $75mn limit in director's and officer's (D&O) lia
19 January 2009
Greenberg says Ace is kissing a lot of M&A ‘frogs’
Ace remains a cautious merger and acquisition (M&A) suitor despite a busy quarter, according to group CEO Evan Greenberg.
01 November 2010
SFO launches AIG probe
The Serious Fraud Office (SFO) has launched a preliminary inquiry into the UK operations of American International Group’s Financial Products Corp (AIGFP).
12 February 2009
Scor latest to use low Swiss yields to issue debt
Scor has become the latest (re)insurer to take advantage of the low cost of issuing debt in Switzerland with a SFR400 (EUR300mn) subordinated debt offer.
24 January 2011
AmTrust engineers meteoric growth in Italian med-mal
From a standing start, AmTrust's UK arm has become the largest international writer of that troubled class, Italian med-mal. It has also just parted company with its CEO...
11 October 2010
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