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There are 68,932 results that match your search.68,932 results
  • Endurance-Aspen deal ‘appears unlikely’: BarCap
    Barclays Capital analyst Sarah DeWitt has played down the likelihood of Endurance succeeding in its hostile takeover bid for Aspen after three shareholder proxy firms urged investors to withhold their support on the two votes that will test shareholder sentiment
    17 July 2014
  • Platinum shrinks Q2 casualty top line by 31%
    Bermudian Platinum Underwriters Holdings showed a continued propensity to shrink its top line as it highlighted what it said was its focus on profitability over market share in a challenging reinsurance market.
    17 July 2014
  • RLI beat driven by underwriting and investments
    RLI Corp opened the US P&C second quarter earnings season with a modest earnings beat that benefited from reserve releases that more than offset spring storm losses.
    17 July 2014
  • Sunshine State deal to lower Heritage reinsurance costs
    The diversification benefits of Heritage's deal to assume around $59mn in annual premium from failed Floridian Sunshine State Insurance Company (SSIC) will have a positive effect on its reinsurance costs in future, according to the carrier
    17 July 2014
  • Third proxy firm advises rejection of Endurance proposals
    A third independent shareholder proxy firm, Glass Lewis, has advised Aspen shareholders to reject proposals put forward by Endurance in its attempt to pressure the target company to engage with its takeover offer.
    16 July 2014
  • AIG gets at least $650mn in BoA mortgage settlement
    AIG has settled its residential mortgage disputes with Bank of America, in a deal that pays the insurance giant $650mn cash up front and a pro rata share of the amount ultimately paid out to investors in connection with the Countryside repurchase settlement
    16 July 2014
  • Allstate adds ‘buffer layer’ to work around Sanders Re bonds
    Allstate has purchased a new one-shot "buffer layer" of reinsurance that will sit around its Sanders Re cat bonds after shedding more than $250mn of top-layer limit from its traditional nationwide reinsurance programme for 2014.
    16 July 2014
  • Brendan McCafferty appointed Flood Re CEO
    Brendan McCafferty, commercial director at Paymentshield, a subsidiary of UK intermediary Towergate, has been appointed CEO of UK state-backed flood insurer Flood Re
    16 July 2014
  • CFC launches intellectual property cover
    Specialist lines managing general agent CFC Underwriting today (16 July) announced the launch of a new intellectual property (IP) product targeted at small and medium-sized companies
    16 July 2014
  • Rammasun on course for Cat 3 China landfall
    China is bracing itself for the potential of Typhoon Rammasun to make landfall as a Category 3 storm, as it intensifies after hitting the Philippines yesterday afternoon (15 July).
    16 July 2014
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