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There are 40,574 results that match your search.40,574 results
  • Insurers in $830mn Suncor BI settlement
    Canadian energy company Suncor Energy Inc announced yesterday (25 April) it has agreed an $830mn settlement with insurers over business interruption (BI) claims arising from a major fire at its Oilsands facilities in northern Alberta last January.
    26 April 2006
  • Lloyd's offers potential for capital returns boost
    Alongside access to international risks, and the Society's A+ Standard & Poor's (S&P) rating, the lower capital requirements of operating at Lloyd's are one of its key attractions to new entrants and acquirers of existing businesses.
    14 January 2008
  • US dollar sends PARIS RE to IFRS loss
    Foreign exchange losses sent PARIS RE to a $129.5mn first quarter net loss under IFRS reporting, against a comparable prior-year period net profit of $35.7mn.
    14 May 2008
  • Swiss Re and World Bank carve out African weather derivatives contract
    Leading global reinsurer Swiss Re has partnered with the World Bank’s International Development Association (IDA) to develop a weather derivatives contract to hedge against loss of maize crops as a result of drought in Malawi.
    20 October 2008
  • SVB continues recovery with trebling profits; Villers to step aside
    Lloyd’s insurer SVB showed signs of a continuing turnaround last week, announcing a trebling of operating profits and combined ratio recovering to below 100 percent.
    15 September 2003
  • Inside News
    AHP new treaty division Agnew, Higgins & Pickering, the natural resources Lloyd’s broker created two years ago, is forming a treaty reinsurance division. Simon Samson has been recruited from AHP’s parent company Jardine Lloyd Thompson to head the ne
    01 September 2000
  • Ratings agencies mixed on Montpelier capital raise
    Ratings agencies Moody’s and Standard & Poor’s (S&P) have delivered contrasting responses to Bermudian reinsurer Montpelier Re’s successful $600mn fundraising exercise to fill the hole left by Hurricane Katrina and subsequent flood losses.
    26 September 2005
  • Solvency II to drive European run-off focus
    The introduction of the Solvency II directive will drive an increased focus on run-off across Europe, according to a new survey launched by PricewaterhouseCoopers LLP (PwC) in conjunction with the Association of Run-Off Companies.
    13 February 2008
  • MMC share price falls on Putnam fears
    Marsh and McLennan, the parent of the world's largest insurance broker Marsh, saw its share price fall this week despite the company posting a 19 percent rise in quarterly profits on the 21 October.
    27 October 2003
  • UK insurance giants face being cut down to size
    If reports are true, Patrick Snowball’s decision to reappear at Towergate is masterful. Snowball was widely thought to have fallen out with his Aviva colleague Andrew Moss
    11 May 2007
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