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There are 69,015 results that match your search.69,015 results
  • Scor’s CDS spread to peers narrows
    Debt investors and speculators have become increasingly bullish on French reinsurer Scor, though this sentiment that has not yet been matched by a similarly optimistic stance on the company's shares, according to analysis by The Insurance Insider.
    03 December 2012
  • A quarter of 330,000 Sandy claims paid out
    Insurers have been hit with 329,156 claims stemming from Hurricane Sandy, of which Allstate has received 72,504, according to report cards issued by New York State.
    03 December 2012
  • States put Sandy economic impact at $70bn
    New York State has set its preliminary repair and recovery bill from Hurricane Sandy at $32.8bn, while neighbouring New Jersey has estimated initial losses at $29.4bn including federal aid.
    03 December 2012
  • Selective estimates Sandy losses of up to $120mn
    Selective Insurance Group has announced a preliminary pre-tax gross Hurricane Sandy loss of $100mn-$120mn and a pre-tax net loss of around $52mn, including reinstatement premiums and reinsurance recoveries.
    03 December 2012
  • Cincinnati Financial expects $30mn Sandy hit
    US insurer Cincinnati Financial has announced that it expects to take $25mn-$35mn of fourth quarter pre-tax cat losses from Superstorm Sandy, a figure that falls significantly below analysts' initial forecasts.
    03 December 2012
  • Reinsurers bullish on US property cat rises
    Reinsurers are increasingly optimistic that they will be able to push through US cat rate rises at 1 January after Superstorm Sandy and the uncertainty over its ultimate toll on the industry.
    03 December 2012
  • MTA expects to claim full limit on Sandy
    The Metropolitan Transportation Authority (MTA) in New York has revealed that its losses from Sandy are in the region of $5bn, implying that it will use as much of its $1.075bn programme as it can.
    03 December 2012
  • PICC overcomes investor reticence with $3.1bn IPO
    It wasn't easy, but The People's Insurance Company of China (PICC) Group raised $3.1bn from its partial float on the Hong Kong Stock Exchange last week, capping an impressive fourth quarter for global insurance IPOs.
    03 December 2012
  • Tawa ends sale ambitions
    The board of UK-listed Tawa plc ended its formal sale process last week after failing to find a bidder prepared to meets its valuation of the company.
    03 December 2012
  • Flagstone investors oppose director payouts
    A significant proportion of Flagstone investors voted against a $26mn compensation package that is likely to be paid to the company's directors following its merger with Validus.
    03 December 2012
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