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  • Berkshire Hathaway's capital injection helped Swiss Re boost its shareholders equity by SFr5.7bn in 2009 to SFr26.2bn.
  • Chartis UK has seen its 2009 combined ratio balloon to 105.8 percent, due to the combined effect of lower ceding commissions and claims arising from the global financial crisis.
  • Germany's heavyweight (re)insurance sector has lined up to suspend or clarify the extent of its business in Iran, amid mounting international concerns over the country's nuclear capability.
  • After a lengthy impasse, Russian-backed private equity firm Pamplona Capital Management has finally upped its shareholding in Lloyd’s insurer Chaucer to 16.27 percent.
  • Hannover Re today said it "likes the idea" of creating $10bn-$20bn in new third-party liability cover for offshore drilling operations around the US coast and would consider providing capacity alongside rival reinsurance giant Munich Re.
  • German reinsurer Munich Re Group has elaborated on its financial position. At an investors’ conference today in London it said the Group's available financial resources had increased by EUR1.9bn to EUR22.6bn in the business year 2004. At the same time, th
  • The Financial Services Authority (FSA) is yet to break the silence over its assessment of Russian-backed private equity firm Pamplona Capital Management’s plans to build an influential 29.9 percent stake in Lloyd's insurer Chaucer.
  • Securities litigation filings fell 39 percent in the first quarter of 2010 with 178 suits filed - compared to the record-breaking 294 suits seen at the height of the credit crisis backlash in Q1 2009.
  • French reinsurance group Scor is understood to be contemplating a new cat bond in the Atlas series, while leading ILS manager Goldman Sachs is working on three ILS...
  • The heavy first half of the year for catastrophe losses took its toll on Scor as the French reinsurer registered a combined ratio above 100 percent.