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Aon calls for clarity on P&I piracy cover
Broker Aon has called for P&I (protection and indemnity) clubs to remove war risks exclusions to allow shipowners greater certainty over coverage should they be subjected to piracy attacks.
22 May 2009
London News Digest - September 2005
In our regular monthly London News Digest, we round up key stories from the last month, presenting them to you in easily digestable snippets.
12 September 2005
Insurers ignore Solvency II at their peril, says S&P
European insurance companies ignore the planned Solvency II regulations at their peril, according to a report by rating agency Standard & Poor's (S&P).
04 June 2007
US plea bargains raise indemnity and D&O exposures, warns Marsh
UK executives have been warned about the impact US plea bargains could have on indemnity and directors’ and officers’ (D&O) insurance.
14 January 2008
Sciemus to launch power MGA
Sciemus Ltd is set for a 1 March underwriting start in the power market, after securing capital for the venture, The Insurance Insider can reveal.
11 February 2008
Scor 'unaffected' by current climate; Fitch
French reinsurer Scor's financial strength has not been affected by the current economic turmoil, said ratings agency Fitch, as it maintained financial strength and debt ratings at A.
17 August 2009
AEGON in £250mn life securitisation
Dutch insurance giant AEGON has closed a £250mn value in-force (VIF) life insurance securitisation with Barclays Capital that unlocks cash tied up in its primary UK subsidiary, Scottish Equitable.
28 July 2008
US Senate slams rating agencies for ‘collusion’ with Wall Street
A US Senate oversight committee has criticised rating agencies Moody's and Standard & Poor's (S&P), alleging that they sold AAA ratings to investment banks for portfolios of assets that they knew to be a considerable default risk.
27 April 2010
Buy-out talk levers Aon shares to year-high
Shares in Aon Corporation were up last week amid rumours the broking giant may be the target for a leveraged buyout as private equity interest in the sector continues to grow.
21 May 2007
Hardy mid-point for 2001; 2002 hit by weak dollar
Specialist Lloyd’s insurer Hardy Underwriting has announced its syndicate results for 2003 and forecasts for the coming year.
08 March 2004
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