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MMC capital management welcomed as earnings target questioned
Marsh & McLennan (MMC) has set itself an ambitious long-term earnings per share (EPS) growth target of 13 percent, despite the soft market and economic headwinds.
04 October 2010
Chaucer stabilises with 2009 profit
Chaucer has turned around a loss-making 2008 to post profits slightly ahead of analyst expectations for 2009.
09 March 2010
Aon retains Prudential deal despite broker walkout to JLT
Broking giant is fighting to keep key accounts after another poaching by rival JLT.
03 February 2010
Market eyes Italian broker creditors' meeting
The international insurance market will be looking anxiously to the results of a creditors' meeting to be held today (25 June) to attempt to wind-up failed Italian insurance broker Taverna Spa.
25 June 2010
Fox and Stanard launch TigerRisk
Two industry veterans have formally launched their re-branded reinsurance brokerage, TigerRisk Partners.
08 September 2008
Excess capacity continues to drive down commercial lines rates: RIMS
The soft market conditions for US commercial insurance show no sign of abating as excess capacity continued to push down rates in Q2, according to the latest RIMS Benchmark Survey.
22 July 2010
US cat rates predicted to fall; M&A and capital management high on agenda
Softening rates, capital management and M&A are set to emerge as strong themes as reinsurance delegates fight for space at the cafés and hotel lobbies of Monte Carlo this week.
07 September 2009
Fitch: French non-life outlook positive, but challenges ahead
Fitch Ratings announced it is maintaining its Positive outlook on the non-life sector in France, despite the coming downturn in the market and warnings of a looming price war.
12 July 2004
London braces itself for next Italian med-mal loss
London is waiting to see where the next blow will fall after medical malpractice specialist Marketform acknowledged a $48mn adverse development in its Italian book of business earlier this month.
23 February 2010
SWIP completes $20mn capital raise
Texas-based Southwest Insurance Partners Inc (SWIP) has completed a $20mn capital raise increasing its overall capitalisation to more than $115mn, The Insurance Insider can reveal.
19 October 2009
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