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There are 68,928 results that match your search.68,928 results
  • Armstrong settles $3mn prize indemnity suit
    Disgraced cyclist Lance Armstrong has reportedly settled a $3mn suit launched against him by an insurer looking to reclaim prize indemnity payments dating back to 1999.
    25 November 2013
  • McKeown returns to head XL-funded unit
    XL and Stone Point Capital have named their new reinsurance fund joint venture New Ocean Capital Management and confirmed the hire of CIG Re and New Castle Re founder Chris McKeown to lead the business.
    25 November 2013
  • AIG looks to launch new Tradewynd Re bond
    AIG is taking another shot at adding to its innovative Tradewynd Re cat bond cover, as the insurance heavyweight commits to giving investors more information on the complex portfolio of risks that are securitised in the structure
    25 November 2013
  • Ace buyback U-turn an ill omen for market
    New York-listed insurer Ace has delivered a vote of no confidence in the P&C market by shedding its previous aversion to share buybacks and planning to return $1.5bn of capital by the end of 2014.
    25 November 2013
  • Demand drives down pricing on $150mn ResRe cat bond
    Investor appetite for cat bonds continues unabated as the latest Residential Re (2013-2) cat bond sponsored by veteran issuer USAA has priced at the lowest end of marketing guidance and is set to close at $150mn, we can reveal...
    25 November 2013
  • Maiden shareholders welcome TRUPS cancellation
    Last week, Bermudian reinsurer Maiden outlined plans to refinance its trust-preferred securities (TRUPS), a source of capital that has dragged on earnings but been a boon to its founding investors. We look at the background and analyse the impact on the reinsurer's book value...
    25 November 2013
  • $27.7bn reserve shortfall clouds US workers’ comp outlook
    While prospects for workers' compensation insurers appear to be "brightening", AM Best has warned that the business will remain challenged as a widening reserve deficiency puts a drag on underwriting profitability.
    25 November 2013
  • Lloyd’s stocks upgraded after another benign hurricane season
    Equity analysts are raising their full-year profit forecasts for the listed Lloyd's (re)insurers as another benign North Atlantic hurricane season is set to end officially this week (Saturday) and with relatively modest cat losses elsewhere
    25 November 2013
  • $1bn Chinese typhoon Fitow triggers cat treaties
    October's Typhoon Fitow looks likely to become the second most expensive insured loss ever to hit China with an estimated bill of $1bn, it is now understood.
    25 November 2013
  • Tamesis Dual AIG deal pushes capacity to c.£55mn for 2014
    American International Group (AIG) has agreed to provide backing for specialty excess of loss (XoL) reinsurance MGA Tamesis Dual in a deal that will add £15mn-£20mn to the vehicle's 2014 capacity, The Insurance Insider understands.
    25 November 2013
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