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There are 40,553 results that match your search.40,553 results
  • Equitas in $245mn settlement with Travelers
    Equitas has continued its policy of dealing with its largest (re)insurance exposures to asbestos and environmental claims by reaching a $245mn comprehensive settlement of all outstanding policies with US property casualty insurer Travelers.
    23 March 2004
  • 'Direct v broker' debate reignites at Baden Baden
    Last week's annual reinsurance meeting in Baden Baden saw the industry focus on fundamental issues as it looks ahead into 2010...
    02 November 2009
  • US Court upholds $500mn asbestos settlement against Travelers
    The US Supreme Court has reinstated an approximate $500mn settlement in an asbestos lawsuit against US insurance giant The Travelers Casualty Companies (Travelers).
    22 June 2009
  • AIG scrutiny grows - Banning order prevents probe interference
    Under-fire insurance giant American International Group (AIG) endured another difficult week as further revelations broke about the nature of its involvement in transactions now under the intense scrutiny of regulators. The week had begun in relatively
    11 April 2005
  • Florida cat rates set to fall 10%+
    Florida cat reinsurance rates are likely to fall back to 2008 levels at the key 1 June renewal date, with pricing projected to soften by 10-13 percent across most layers, fuelled by excess capacity.
    24 May 2010
  • Airline sector still struggling to break even
    Despite an average swing in lead hull and liability premiums of 18 percentage points in the last two years, airline rates are still "below breakeven", according to Aon.
    23 March 2009
  • New ILW fund closes at $30mn
    Despite investor caution and the category five financial storms, a new industry loss warranty fund (ILW) was launched last week to capitalise on the recent spike in rates.
    23 March 2009
  • Lloyd's (re)insurer posts £24mn underwriting loss
    Advent Capital joined the calls for an overhaul of how the industry underwrites Gulf of Mexico energy risks after Hurricane Ike ripped through the firm’s reinsurance protection and led to a £24.2mn underwriting loss.
    23 February 2009
  • Fraud and bribery top transatlantic agenda
    Moves to clampdown on corporate crime have edged forward on both sides of the Atlantic, with the launch of an anti-fraud initiative in Washington and a bribery bill at Westminster.
    24 November 2009
  • Run-off market in Germanic nations leaps to EUR115bn
    Continental Europe offers huge opportunities for the run-off industry with the discontinued market in the region's German-speaking countries totalling EUR115bn at the end of 2008, according to a new KPMG survey.
    14 June 2010
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