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There are 68,983 results that match your search.68,983 results
  • Catalina buys Tawa run-off assets for $28mn
    Tawa has continued to divest non-core portfolios with an agreement to sell two of its run-off subsidiaries to the acquisitive Bermudian Catalina for $28mn, while still pursuing a full sale of the business.
    24 September 2012
  • White Mountains sues Allstate over Esurance price
    White Mountains is suing Allstate for allegedly lowering the final purchase price for Esurance inappropriately when it bought the firm in mid-2011.
    24 September 2012
  • Louisiana Citizens makes $61mn Katrina settlement
    The Louisiana Citizens Property Insurance Corporation board has unanimously voted to settle two long-running, class-action lawsuits linked to claims handling from hurricanes Katrina and Rita for $61mn.
    24 September 2012
  • Higher capital adequacy not justified under Solvency II: study
    Regulatory initiatives under Solvency II and the US Solvency Modernization Initiative (SMI) have been challenged, after a study found that the losses stemming from natural catastrophes do not justify higher capital reserves for insurers.
    24 September 2012
  • Capital markets are required to take on longevity peril
    As pension funds groan under the liabilities of ageing Western populations, Swiss Re has warned that the (re)insurance industry needs the scale of the capital markets to absorb some of the challenges of the longevity market.
    24 September 2012
  • Solvency II delay on the cards… again
    The European Parliament and the Council of the European Union have asked the European Commission to review the Solvency II timetable, adding to speculation that the regime's go-live date could be delayed by one year, The Insurance Insider understands.
    24 September 2012
  • Munich Re looks to funds management venture
    Munich Re has been talking to investors and alternative funds managers about becoming partners for a potential insurance-linked securities (ILS) fund management venture, the company confirmed last week.
    24 September 2012
  • Talanx back on as spotlight turns to Direct Line
    After withdrawing its planned autumn IPO because of differences of opinion with investors over its value, the German (re)insurance group Talanx made a volte face last week and is now expected to list on the Frankfurt Stock Exchange on 2 October.
    24 September 2012
  • Beazley taps new debt market with £75mn retail bond issuance
    With Solvency II forcing a rethink on capital structures, the miserly yield environment has opened a new door for European (re)insurers looking to attract funding.
    24 September 2012
  • Third quarter bounce means only Mapfre is still underwater for the year
    With almost three quarters of the year gone, the European (re)insurance sector has performed strongly, with only Mapfre in the red for the year to date.
    24 September 2012
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