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There are 68,951 results that match your search.68,951 results
  • Tower future bleak as downgrade threatens
    All eyes are on AM Best as sources suggest US-listed Tower Group will find it difficult to escape a potentially fatal downgrade following its $365mn reserving charge...
    08 October 2013
  • UK regulator scrutinising alternative reinsurance
    Julian Adams, deputy head of the UK's Prudential Regulation Authority, says the watchdog is closely monitoring the inexorable rise of alternative reinsurance capital
    08 October 2013
  • Towers Watson and Guy Carp in dispute over hires
    JLT's new $250mn broker has filed detailed claims that its value was undermined by Guy Carpenter's early September coup to hire senior executive Jay Woods...
    08 October 2013
  • Axa lifts Calypso cat bond target to EUR350mn
    Axa has upsized its new European wind cat bond Calypso Capital II to EUR350mn from EUR200mn, reflecting persistently strong investor interest in insurance-linked securities
    08 October 2013
  • Ailing Tower faces AM Best downgrade: KBW
    AM Best will probably downgrade Tower Group, forcing the crisis-hit US carrier to go into run-off or drastically revise its business model to stay afloat, US investment bank Keefe, Bruyette & Woods (KBW) has said
    08 October 2013
  • Direct Line may sell life insurance book
    Direct Line, the UK motor insurer spun out of bailed-out lender Royal Bank of Scotland, may enter the life insurance market, it said today (8 October) as it announced the sale of a book of closed life insurance policies.
    08 October 2013
  • Endurance confirms Evans hire
    Bermudian (re)insurer Endurance Specialty Holdings has confirmed it has hired former Axis executive Graham Evans to lead its international insurance operation, as first revealed by The Insurance Insider.
    08 October 2013
  • Prestia returns to the market with AIG Re
    Former Flagstone Re executive Gary Prestia has returned to the market at American International Group's assumed reinsurance operation AIG Re, The Insurance Insider can reveal.
    08 October 2013
  • Tower announces devastating $365mn reserve charge
    The future of ailing insurer Tower Group has been thrown into further doubt after the company announced its long-expected reserve strengthening exercise will cost it $365mn, sending its shares down sharply in aftermarket trading.
    08 October 2013
  • US price rises accelerate to 5%
    Commercial property lines led resurgent US P&C insurance pricing to rises of 5 percent overall last month, up 1 percentage point on August, according to the latest MarketScout market barometer
    07 October 2013
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