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There are 40,561 results that match your search.40,561 results
  • Controversial insurer CIC has become embroiled in a fresh scandal relating to an alleged US multimillion dollar employee health care fraud involving participants from both sides of the Atlantic. Last month, Federal Bureau of Investigation officers swoo
  • Bermudian (re)insurer Flagstone Re posted total revenue growth of 38 percent for the first quarter to $251mn, as it rebranded its Lloyd's syndicate.
  • Bermudian reinsurer Montpelier Re acted swiftly to restore its Hurricane Katrina battered balance sheet by raising some $600mn from selling its stock at $24 per share. The “class of 2001” reinsurer saw its share price plummet 17 percent...
  • Global insurance giant Zurich Financial Services has reported a 21 percent decline in non-life business operating profits over the first nine months of the year to $1.96bn.
  • QBE's flagship Lloyd's Syndicate 386 has boosted profit forecasts for its 2007 year to a staggering 58 percent of its £340mn capacity, on the back of releases from its bountiful reserves.
  • The disclosure of another merger and acquisition (M&A) scramble for Chaucer this week (7 February) has not surprised many in the industry - with small- and mid-sized Lloyd's listed insurers currently viewed as attractive takeover targets
  • An aspiring state-owned catastrophe reinsurance facility for south-eastern Europe is currently being established by the governments of Albania, the former Yugoslav republic (FYR) of Macedonia and Serbia, and is tendering for a firm to manage it.
  • Integer, the mutual set up to sell stop-loss policies to Lloyd’s Names, has lost a High Court hearing over settlement money paid to almost 500 members of the Stop Loss Recover Group (SLRG). The action marked the latest in a series as the board of...
  • A dispute over an annual aggregate deductible is the latest manifestation of the tensions simmering in the marine market since the Costa Concordia loss in January, The Insurance Insider can reveal...
  • Marsh & McLennan Companies (MMC), the parent company for brokers Marsh and Guy Carpenter, paid $435mn to settle securities and ERISA class actions last week.