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There are 40,558 results that match your search.40,558 results
  • 'King of Torts' receives 15-year sentence
    Louis Robles, known as the "King of Torts" has been sentenced to 15 years in jail and ordered to repay $13.5mn stolen from thousands of asbestos victims he represented.
    10 December 2007
  • Europe fights for reduced US collateral demands
    A tit-for-tat letter exchange has ensued between European reinsurers and their US (re)insurance counterparts as the ground is fought out to establish the way ahead for collateral requirements of so-called "alien reinsurers" operating in the US marketplace
    01 June 2003
  • AIG downgraded despite $20bn capital raise
    Moody's downgraded the debt ratings of American International Group (AIG) last week despite the insurance giant completing a $20bn capital raising exercise.
    27 May 2008
  • CNA shares plunge 33 percent as parent injects cash
    Shares in CNA Financial plummeted almost 33 percent yesterday (27 October) after parent Loews Corp said it would pump up to $1.25bn into the US insurer following its $331mn third quarter net loss.
    28 October 2008
  • AM Best warns downgrades more likely in 2008
    After two years characterised by more financial strength ratings upgrades than downgrades, AM Best has predicted actions will be more “fairly balanced” for US property and casualty (P&C) insurers in 2008.
    12 February 2008
  • AIG leads hull cover on Heathrow crash
    US giant American International Group (AIG) leads the hull cover on the British Airways jet that crash-landed at London’s Heathrow Airport yesterday (17 January) while carrying more than 150 passengers.
    18 January 2008
  • AIG investigated over CDS valuation
    Shares in American International Group Inc (AIG) fell 7 percent to close at $33.93 Friday after it emerged the company is being investigated by the Securities and Exchange Commission (SEC) over its valuation of contracts linked to sub-prime mortgages.
    09 June 2008
  • Spitzer widens commissions probe to employee benefits
    The campaigning New York Attorney General Eliot Spitzer has widened his investigations into broker commissions by examining payments made by life and health insurers.
    14 June 2004
  • RBS goes it alone after marathon auction
    UK state-controlled bank Royal Bank of Scotland (RBS) withdrew from talks with two private equity firms over the sale of its well-regarded insurance units last week, as first revealed by The Insurance Insider.
    09 February 2009
  • Lloyd’s M&A cycles at full tilt
    Ariel Holdings Ltd’s £193mn swoop for Atrium Underwriting Group last week was a further sign that the stars have aligned for Lloyd’s M&A activity as reinsurers look for growth at a time when rates are falling.
    23 July 2007
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