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There are 68,963 results that match your search.68,963 results
  • Sony Thai loss hits $805mn
    The $805mn Thai flood claim from electronics giant Sony included a $66.5mn contingent business interruption (CBI) claim, The Insurance Insider revealed.
    21 May 2012
  • Texas storm costs hit $1bn
    Insured losses from the tornadoes that devastated parts of Texas in April are likely to reach $1bn, with more bad weather expected in May, according to the Insurance Council of Texas.
    21 May 2012
  • Ironshore still committed to fac despite 2011 retrenchment
    Ironshore's Lloyd's syndicate, Pembroke 4000, has cut back its property direct and facultative (D&F) book after a mixed performance and the relocation of underwriter Rod Todd from London to Bermuda, sister title Inside FAC revealed last week.
    21 May 2012
  • IAG looks to recoup after £800mn UK car crash
    Insurance Australia Group (IAG) has sunk around £800mn into Lloyd's insurer Equity Redstar and the rest of its UK operations since 2006 and will be looking to recoup as much of this sum as possible from the recently announced sale process.
    21 May 2012
  • Aviva’s stock falls amidst Greek and CEO fears
    Shares in the UK's second largest insurance company Aviva fell 8 percent last week after disappointing shareholders with its interim management statement and news that the search for a new CEO may take the rest of the year.
    21 May 2012
  • Sale of BP Marsh stake values Hyperion at £165mn
    The sale of 1.2 million Hyperion shares by BP Marsh & Co Ltd has valued the international broking and managing general agency group at £165mn.
    21 May 2012
  • Jupiter affirmed as captive ups limit available to BP
    The capital strength of BP's captive insurer Jupiter deteriorated in 2011 as it took on more risk, but AM Best affirmed the Guernsey vehicle's A financial strength rating last week.
    21 May 2012
  • Paulson takes backseat at The Hartford
    John Paulson's hedge fund Paulson & Co no longer intends to take an activist shareholder role at The Hartford after lobbying the firm to break up its life and non-life operations earlier this year, according to regulatory filings.
    21 May 2012
  • Omega scales back in liability
    Omega Syndicate 958 scaled back the amount of third-party liability business that it wrote by almost a third in the first quarter of 2012 after a reserve strengthening exercise last year dragged the segment to a significant loss
    21 May 2012
  • AM Best affirmation distracts from Flagstone M&A silence
    Flagstone shareholders will have to wait even longer for an official word on the long-rumoured M&A process, after the company conducted an annual general meeting (AGM) in Switzerland without making a statement on the subject.
    21 May 2012
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