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There are 68,971 results that match your search.68,971 results
  • CNA firms seek to decline asbestos claims
    Two CNA subsidiaries have brought a lawsuit against 16 insurers, including several Lloyd's underwriters as well as industrial firm Hennessy Industries, over asbestos claims dating back to 1981.
    20 August 2012
  • BP fights for right to Transocean coverage
    BP has requested a reversal on a judgment ruling that Transocean's $950mn liability insurance programme should not cover BP's costs from the Deepwater Horizon oil spill.
    20 August 2012
  • Dewey partners may pay at least $70mn under settlement plan
    Former Dewey & LeBoeuf partners have agreed to contribute over $70mn as part of a settlement agreement at the bankrupt law firm, exceeding the minimum $50mn threshold which bankruptcy advisers needed to submit the proposal to bankruptcy court.
    20 August 2012
  • Deadline for force-placed rate agreement with Florida regulators approaches
    Newly instated QBE head John Neal said the group is currently in discussions with Florida insurance regulators to agree on an acceptable rate decrease for force-placed insurance cover, but said the rate is nowhere near the 36 percent reduction required by the regulator.
    20 August 2012
  • QBE Re to change Secura and Dublin units into UK branches
    Newly launched QBE Re is set to turn its Belgian business Secura NV and Dublin-based unit QBE Re (Europe) into branch offices of a single firm headquartered in the UK, The Insurance Insider can reveal.
    20 August 2012
  • Willis avoids US regulatory action on bribery probe
    Willis has escaped enforcement action from US regulators after investigations into anti-bribery controls at the broking giant that had previously led to a £7mn Financial Services Authority (FSA) fine for Willis' UK subsidiary.
    20 August 2012
  • Storm losses lead to Combine Re downgrade
    US thunderstorm losses have led ratings agency Moody's to downgrade a $50mn tranche of the Combine Re cat bond by a notch from Ba3 down to B1.
    20 August 2012
  • Catco returns 5% over half-year despite quake write-off
    London-listed collateralised retrocessionaire Catco Reinsurance Opportunities Fund has reported a 5.3 percent increase in net asset value to $357.9mn for the first half of the year as investment gains on its 2012 portfolio offset loss creep from 2011 catastrophes.
    20 August 2012
  • Buyback pressure grows as hard market hopes dwindle
    After two consecutive quarters of relatively benign losses helped capital to recover to record levels, Bermudian (re)insurers have spoken favourably about using share buybacks to take advantage of weak sector valuations.
    20 August 2012
  • Amlin leads London on profitability
    Having won over investors and regained its crown as the highest valued stock in the London market, (re)insurer Amlin duly delivered on its H1 results with peer-leading profitability.
    20 August 2012
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