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There are 40,553 results that match your search.40,553 results
  • Reinsurance broker Carvill has published details of a new index to measure hurricane damage, the Hurricane Damage Potential Index (HDPI). Carvill says that the HPDI will give a more accurate measure of a hurricane's potential to cause damage than...
  • CNA falls to Q4 loss Chicago-based insurer CNA Financial posted a fourth quarter net loss of $217mn, or 92 cents per share, down from a net profit of $303mn, or $1.11 per share, in 2004. The company was hit by $223mn in commuted reinsurance...
  • French mutual insurer Groupama faces a further downgrade of up to two notches tomorrow (23 September) by Standard & Poor's (S&P), unless it demonstrates it has acted strongly to ease the ratings agency's concerns over its capital adequacy.
  • Bermudian (re)insurer XL Capital announced 4 January a senior management reshuffle, as it steps up its long-term succession strategy to replace CEO Brian O’Hara. As part of the restructuring, James Veghte has been appointed...
  • Bermudian reinsurer Montpelier Re has announced its first ever quarterly dividend payment of 34 cents a share, payable on 15 January to holders of record from December 31.
  • It's not often that brokers find themselves praising their IT providers but that is exactly what occurred with Willis Group this week.
  • US reinsurer Transatlantic Holdings joined Bermudian rivals RenaissanceRe and Platinum Holdings in slipping to a heavy first quarter net loss following the record catastrophe losses in the period.
  • There are greater opportunities for acquiring and managing run-off and distressed portfolios in the US than in the London market, according to a senior figure at recently UK-listed run-off business Randall & Quilter Investment Holdings plc (R&Q).
  • The latest Residential Re cat bond sale currently being marketed for regular sponsor USAA is set to provide a key test of the market's capacity for US wind risk.
  • There is growing evidence that the hard market is at an end, with downward pressures on both pricing and terms according to brokers on both sides of the Atlantic.