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There are 68,963 results that match your search.68,963 results
  • Citigroup to hand $110mn back to force-placed policyholders
    Citigroup could soon become the latest financial institution to reimburse homeowners over force-placed insurance premiums after it agreed to a $110mn settlement last week (5 February).
    10 February 2014
  • Validus victorious in cascading tax test case against IRS
    Validus Re has thwarted the US government in a dispute with the Internal Revenue Service (IRS) over a $435,380 tax bill it was forced to pay on retrocession cover. It could have wide-ranging implications
    10 February 2014
  • FIO chief: State vs fed debate ‘relic of bygone era’
    The director of the Federal Insurance Office (FIO), which late last year released a report assessing the need for federal oversight in the US insurance industry, has told the House of Representatives that the debate over federal versus state regulation was "a relic of a bygone era"
    10 February 2014
  • Plaintiff bar can appeal $178mn WR Berkley truck death retrial
    Lawyers representing a girl who was orphaned in a trucking accident involving a policyholder of a WR Berkley subsidiary can appeal a judge's order to quash a jury's decision to hand her a $178mn damages payout
    10 February 2014
  • Catlin confirms new sidecar launch
    Catlin has established a new sidecar vehicle that provides it with collateralised reinsurance support, the company said as it released its 2013 results
    10 February 2014
  • Collateralised business makes up 15% of Montpelier Re’s 2013 cat premium
    Some 15 percent of Montpelier Re's net property catastrophe premiums were written on a collateralised basis in 2013, according to the reinsurer's annual results.
    10 February 2014
  • Upsilon Re writes $350mn of limit in 1/1 renewals
    RenaissanceRe almost doubled the limit deployed via its Upsilon Re retrocession sidecar in the January 2014 renewals, the company told sister publication Trading Risk.
    10 February 2014
  • Kessler questions commitment of the ILS ‘mistress’
    Scor CEO Denis Kessler has questioned the long-term commitment of some insurance-linked securities (ILS) investors, comparing their current enthusiasm for the reinsurance sector to the infatuation generated by a mistress
    10 February 2014
  • European reinsurers stay resilient against softening conditions
    European reinsurers Scor and Hannover Re joined their peers in noting relatively strong renewals and pricing during the 1 January 2014 reinsurance renewal season, which has been generally overshadowed by negative broker commentary over rate softening.
    10 February 2014
  • Global insurance rates continue to soften: Marsh
    While insurers of US risks held on to modest average rate increases in the fourth quarter, a trend also identified in MarketScout's latest pricing survey, at the global level insurance rates continued to fall, according to Marsh
    10 February 2014
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