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For a Few Dollars More
Warren Buffett rode to the rescue of reinsurance giant Swiss Re for the second time in a little over a year in a move that displayed his unquenchable thirst for distressed opportunities.
01 September 2009
IFEX futures trading surges; Swiss Re to make market
January has continued to be a record month for derivatives trading platform Insurance Futures Exchange Services (IFEX), with a further 701 lots, or $7,010,000 of (re)insurance limit, traded last week.
28 January 2008
Post-Spitzer scene tough for big three, says S&P
Despite paying over $1bn in settlements and foregoing contingent commissions, the post-Spitzer picture is still not “rosy” for the big three brokers, according to a report by ratings agency Standard & Poor’s (S&P).
11 October 2006
Sidecars go excess-of-loss
Despite signs earlier in the year that demand was drying up for the vehicles, a new model of sidecar is emerging, with the recent launch of Mont Gele Re and Emerson Re.
07 September 2007
McGill to head new Aon Global division; Mahoney relocates to Bermuda
Aon Corp unveiled a significant restructuring of its senior international management last week which saw the veteran London head Dennis Mahoney relocate to Bermuda.
29 January 2007
Qatari executives join CATCo board
Start-up Bermudian reinsurance fund CATCo has signed up two executives from the Qatar Insurance Company to its board.
22 November 2010
Munich Re heads $110mn Caribbean programme
Munich Re led the innovative $110mn reinsurance programme for the World Bank-sponsored Caribbean Catastrophe Risk Insurance Facility (CCRIF), which went on risk for 16 countries in the region on 1 June.
11 June 2007
Aon: softening ‘more gentle’ than usual
Although reinsurance rates have continued to soften, the evidence at mid-year renewals is that the downward trend is not uniform, according to world’s second largest broker Aon.
18 July 2005
CV Starr defends Spitzer PR lawsuit
By John Helmer in Washington
05 April 2007
Novae pulls out of Chaucer talks
Lloyd’s insurer Novae Group has pulled out of merger discussions with rival Chaucer Holdings.
11 March 2009
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