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There are 40,476 results that match your search.40,476 results
  • R&SA's £2.4bn shortfall
    Royal & Sun Alliance, the embattled UK insurer currently looking for a long-term replacement to its former chief executive Bob Mendelsohn, needs up to £2.4bn to shore up its capital base.
    01 October 2002
  • Happy Hannover issues new debt
    Germany's Hannover Re showed its strength across the board, with operating profit up 16.2 percent to EUR179.5mn, net income increasing 11.1 percent to EUR107.7mn and gross written premiums growing 6.2 percent to EUR2.6bn against the first quarter of 2004.
    16 May 2005
  • Munich Re downgraded on reserve boost
    World's largest reinsurer Munich Re has met with a mixed response from ratings agencies following its 19 July announcement that it has increased reserves at its US subsidiary American Re by $1.6bn, cutting group second quarter earnings by EUR0.4bn...
    21 July 2005
  • AIG: American National a "disgrace"
    AIG has lashed out at one of its reinsurers in a strongly worded complaint filed in the US District Court of the Southern District of New York.
    01 March 2002
  • Inside News - NOC, NOC - Who's There?
    The lack of standardisation, or perhaps the very individualism that Lloyd's is famous for, in the market anyway, has been highlighted by the recent acrimony caused by D J Newman's Syndicate 1218 when they issued Notices of Cancellation on every North Amer
    01 December 2000
  • Rutter leaves the Underwriter
    Founder departs; but all is well, liability insurer insists The chief executive of the commercial liability insurer The Underwriter Insurance Company Ltd has parted company with the firm he helped form. Keith Rutter resigned from The Underwriter last
    01 March 2003
  • Amlin gets away debt issue, replaces LOC
    Lloyd’s insurer Amlin announced last Wednesday (24 November) that it has restructured its debt, raising $50mn in subordinated debt and signing a new £30mn ($57mn) 12-month term loan facility with Lloyd’s TSB, replacing its existing $90mn Letter of Credit
    29 November 2004
  • SVB woes compounded by Reliance PI exposures
    Troubled listed Lloyd's insurer SVB has blamed a £41.94mn cash call to comply with US Trust Fund requirements, which do not allow credit to be taken for any recoveries that may be made under existing reinsurance programmes, for the reduction in its 2002 u
    01 February 2002
  • AIG shows underlying strength in delayed 1Qs
    After finally filing its long delayed 2004 10-K report at the end of May, world's largest insurer AIG continued to play catch-up with the Securities and Exchange Commission (SEC), delivering its first quarter 2005 results last Tuesday (27 June).
    04 July 2005
  • Munich Re's WTC reserve boost sparks share falls
    Munich Re, the world's second largest reinsurer, increased its WTC loss reserves by a further $500mn to €2.7bn sparking a collapse in the value of European stocks.
    01 July 2002
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