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There are 68,963 results that match your search.68,963 results
  • WR Berkley and Aspen win ‘top and drop’ dispute
    WR Berkley and Aspen have avoided an estimated $20mn loss after the highest court in England and Wales ruled that an insured's own captive could not arrange claim repayments so as to maximise its own coverage
    06 August 2013
  • Munich Re pushes Q2 loss tally past $5.6bn
    The world's biggest reinsurer Munich Re pushed total disclosed Q2 catastrophe losses past the $5.6bn mark after it reported a EUR364mn ($483mn) hit from second quarter cat events. We tabulate all the 2Q disclosures to date
    06 August 2013
  • Bernanke to testify in $56bn AIG bailout suit
    Fed chief Ben Bernanke must testify in Maurice "Hank" Greenberg's $55.5bn class action suit over the government's bailout of American International Group (AIG), the US federal claims court ruled late last month
    06 August 2013
  • PwC facing EUR1bn suit for ‘negligent’ Quinn audits
    The administrator of the defunct insurer Quinn Insurance has filed a EUR1bn suit against its former auditor PricewaterhouseCoopers (PwC) in one of the largest commercial suits in Irish legal history
    06 August 2013
  • Hiscox leads H1 way for London market stocks
    With only Amlin and Catlin left to report (Novae on 7 August), we are nearing the end of a H1 reporting season where investors in London market (re)insurers have been piqued by investment losses and concerns over rates
    06 August 2013
  • Charman axes 30% of senior Endurance execs
    Newly-installed Endurance chairman and CEO John Charman said he had eliminated 30 percent of the senior positions within his corporate management team in an effort to squeeze the Bermudian (re)insurer's cost base.
    06 August 2013
  • Falling bond prices pour red ink over (re)insurers’ Q2 earnings
    Large mark-to-market investment losses have been the defining feature of the second quarter earnings season as the impact of choppy bond markets in May and June has worked its way through P&C (re)insurers' financials.
    06 August 2013
  • Divergent views on P&C pricing as pressures mount
    Carriers and brokers are continuing to diverge in their views on insurance pricing, with the former attempting to maintain a bullish outlook while the latter paint a picture of slowing momentum on US rates
    06 August 2013
  • Catalina builds war chest as Apollo invests
    Run-off acquirer Catalina has obtained a new acquisitions war chest after completing a process to raise new equity, with investment management giant Apollo Global Management joining as an investor. The Insurance Insider has the details
    06 August 2013
  • ASI cleared to talk to Catalina as acrimonious takeover battle looms
    American Safety Insurance has been given permission by would-be buyer Fairfax Financial to talk to run-off acquirer Catalina about its recent improved offer as the contentious takeover battle for the US insurer reignites
    06 August 2013
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