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There are 68,946 results that match your search.68,946 results
  • Florida homeowners object to $291mn force-placed settlement
    A group of US homeowners who were allegedly subjected to inflated force-placed insurance premiums have objected to a $291mn class action settlement proposed by JP Morgan Chase and specialty insurer Assurant
    27 January 2014
  • AIG insurers sue over fac asbestos claims
    Two more US court cases involving American International Group insurers in dispute over facultative reinsurance of asbestos claims have surfaced in the last month, sister publication Inside FAC reported
    27 January 2014
  • US securities class action settlements hit new average high in 2013
    The average payout awarded in US class action settlements is getting higher but fewer are being agreed, according to consulting firm Nera
    27 January 2014
  • SRA mulls minimum rating for UK PI cover
    The Solicitors Regulation Authority (SRA) has proposed new guidelines that would require its members to purchase professional indemnity (PI) cover from a carrier with a financial strength rating of at least B or higher
    27 January 2014
  • DCG Iris fund lifts second half returns to 2.2%
    London-listed insurance-linked securities fund DCG Iris reported a total return of 2.2 percent in the six months to 30 November 2013, as the fund's manager said that it had boosted results by shifting into private reinsurance deals and reducing its cat bond holdings
    27 January 2014
  • Cincinnati expands Skyline Re to $100mn
    US regional carrier The Cincinnati Insurance Companies has significantly increased the size of its Skyline Re cat bond cover to $100mn from $61.2mn last year
    27 January 2014
  • Cat bond investors tested boundaries in 2013: Swiss Re
    The ILS market broadened its investor base and the scope of cover it was willing to offer sponsors in 2013, Swiss Re Capital Markets acknowledged in its annual review of the burgeoning sector.
    27 January 2014
  • Lancashire deploys $250mn with Kinesis
    London-listed (re)insurer Lancashire has established one of the industry's largest market-facing reinsurer sidecars after deploying more than $250mn of limit through its Kinesis Re I vehicle during the January renewals.
    27 January 2014
  • Canadian rates increasing after record 2013 cat losses
    Insured losses of C$200mn from the December ice storm have pushed the 2013 loss tally for Canadian natural catastrophes up to a record-breaking C$3.2bn, according to data from PCS Canada quoted by the Insurance Bureau of Canada
    27 January 2014
  • Lloyd’s carriers get last hurrah before downturn
    On the eve of the full-year 2013 reporting season, Keefe, Bruyette & Woods (KBW) analyst Christopher Hitchings last week raised his 2013 profit before tax (PBT) forecasts for Lloyd's carriers by an average of 7 percent.
    27 January 2014
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