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There are 40,548 results that match your search.40,548 results

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S&P downgrades Wellington following Katrina increase

Standard & Poor’s (S&P) has reduced its stance on Wellington Underwriting Agency’s Syndicate 2020 following the sudden increase in its estimates to Hurricane Katrina. “The downgrade follows the Nov. 24, 2005 announcement of a 69 percent increase to...

05 December 2005
Willis joined in Pender Valentine case

Interim judgement reveals Plumeri's involvement in legal controversy.

21 June 2005
Great Mississippi flood could cost $160bn today

A repeat of the 1927 Great Mississippi Flood - the largest flood disaster in US history could cost up to $160nn in economic damages if it happened today, according to catastrophe modelling firm Risk Management Solutions (RMS).

21 May 2007
R&Q confirms capital ambitions and M&A appetite

Randall & Quilter (R&Q) is hopeful of completing its drive for additional capital over the summer months to help target larger-scale acquisitions, investors at the expansive UK run-off acquirer's AGM were told on 22 June.

27 June 2011
Fairfax labels Odyssey class action a 'nuisance suit'

Fairfax Financial Holdings (FFH) has described the shareholder class action suit filed against it over the acquisition of outstanding minority interests in OdysseyRe as a "nuisance suit".

11 November 2009
Markel profits down, but better than expected

US insurer Markel weathered a record hurricane season to report full-year profits just 10.5 percent down for 2005 from $165.5mn in 2004 to $148mn. Net income per share dropped to $14.80 for 2005, but the figure was significantly...

30 January 2006
Rating agencies hit with fresh Blumenthal complaint

The flurry of litigation against the rating agencies following the sub-prime meltdown continues unabated.

16 March 2010
Buffett rejected Lehman cash pleas in 2008

Warren Buffett declined requests from Lehman Brothers' management for support both shortly after Bear Stearns collapsed in March 2008 and then again in the run-up to the investment bank's fall in September of that year.

16 March 2010
AIG shelves plan to sell derivatives portfolio; hit by tax snag

In another eventful week, American International Group (AIG) has dropped plans to sell all of its controversial derivatives portfolio and walked straight into a...

23 February 2010
Acquisitive Fairfax absorbs Q4 investment blow; offers 31 percent premium for Zenith

Despite a modest investment setback in Q4, Fairfax Financial Holdings (FFH) added almost a third to its book value in 2009 as workers' compensation underwriter Zenith National Insurance (ZNT) was unveiled as its latest takeover target.

23 February 2010

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