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There are 40,553 results that match your search.40,553 results
  • Auctions Remain Depressed
    Auction prices are still well below the level of preceding years with Auction 5 being the only one yet to see an increased volume traded. September saw two of the last remaining Lloyd’s capacity auctions to be held this season finish in less than a bl
    01 October 2000
  • Buffy
    Carpet-baggers and pre-emptions…
    11 November 2008
  • AIG assists Cuomo in ‘improper bonuses’ probe; appoints new CFO
    American International Group (AIG) has agreed to hand over details of all compensation paid to senior executives to New York attorney general Andrew Cuomo as he looks to recover “illegal expenditures” from the beleaguered insurer.
    17 October 2008
  • Pressure grows on XL management - Troubled (re)insurer plugs holes with $2.8bn raise
    Pressure is growing on senior management at Bermudian (re)insurer XL Capital after recent comments by equity analysts and rating agency Standard & Poor’s (S&P) – which last Monday (28 November) downgraded the company by a notch from AA- to A+.
    05 December 2005
  • SCOR gains new Asian Life licences
    French-headquartered reinsurer SCOR has been granted a Takaful reinsurance licence and a conventional reinsurance licence for its SCOR Global Life branch on the Malaysian offshore domicile of Labuan.
    22 December 2008
  • IAG lands negative outlook
    Rating agency Fitch Ratings has cut the outlook for Insurance Australia Group (IAG) from stable to negative having highlighted a number of challenges for the embattled insurance group.
    21 July 2008
  • ‘Milestone’ Aon Benfield deal completed; up to 700 job cuts expected
    Aon Corporation completed its takeover of Benfield Group on 28 November to establish the world’s largest reinsurance broker under the joint brand Aon Benfield, headed by CEO Andrew Appel and executive chairman Michael O’Halleran.
    01 December 2008
  • FSA still to approve Chaucer's Russian-backed investor
    Pamplona Capital Management, the Russian-backed private equity firm, is still waiting for clearance from the Financial Services Authority (FSA) to build a pivotal stake in the listed Lloyd's insurer Chaucer Insurance Holdings.
    03 August 2009
  • Equitas: asbestos continues to weigh heavily despite commutations
    Equitas announced its annual results for the year ended 31 March 2004 on 8 June, revealing a £296mn increase in gross discounted reserves for asbestos claims. Accumulated surplus after tax fell £67mn from £527mn to £460mn, but the reinsurer's solvency
    01 June 2004
  • Lloyd’s: £1.4bn net loss from Katrina
    Lloyd’s has issued an estimate of £1.4bn net loss due to Hurricane Katrina, stating that the London market is in a strong enough position to absorb the loss.
    14 September 2005
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