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There are 68,963 results that match your search.68,963 results
  • Milli Re facing AM Best downgrade threat
    Rating agency AM Best has placed the ratings of Turkish and international cat reinsurer Milli Reassurans (Milli Re) under review with negative implications following the rapid deterioration in its capital base last year.
    15 May 2012
  • Four major shareholders behind irrevocable undertakings over Omega takeover bid
    Four major institutional shareholders, led by UK fund manager heavyweight Invesco Asset Management, have given irrevocable undertakings to Canopius regarding its recommended bid of 67p per share for fellow Lloyd's insurer Omega.
    15 May 2012
  • AIG could repurchase a further $20bn of stock by Q3 – Deutsche
    AIG's quest to dispose of non-core assets and generate excess liquidity could see the company repurchase as much as $20bn of its stock over the next two quarters alone, potentially having a dramatic improvement on the insurer's current ailing valuation, according to research by Deutsche Bank.
    14 May 2012
  • Catlin leads Lloyd’s players’ hefty exposure to $550mn IG losses
    Market leader Catlin has the largest share among Lloyd's players of the $550mn gross open market exposures relating to the reinsurance programme of the International Group (IG) of protection and indemnity (P&I) clubs, The Insurance Insider can reveal.
    14 May 2012
  • Legacy news digest
    Tawa asset sale heads to formal process; ARC rebrands
    14 May 2012
  • Greek motor book highlights robust legacy demand
    More than 20 companies have expressed an interest in purchasing a portfolio of run-off Greek motor insurance, highlighting the strong competition for legacy assets that still exists in the London market, according to sources.
    14 May 2012
  • Forgotten Pillar III: 84% of European insurers not ready
    Solvency II reporting regulations under Pillar III are a low priority, with 84 percent of European insurers still not having implemented a reporting framework and complementary systems, according to a recent study.
    14 May 2012
  • Eiopa overrules confidentiality clauses on third-party models
    Eiopa has warned that confidentiality conditions on third-party internal models will not justify an insurer refusing to show that a model fulfils all Solvency II requirements.
    14 May 2012
  • NFIP may require further short-term extension
    A US Senator has said yet another short-term extension of the National Flood Insurance Programme (NFIP) looks likely as US lawmakers will not make the 31 May deadline for acting on a long-term bill. 

    14 May 2012
  • Bernardino says more regulation for loss adjusters
    Gabriel Bernardino, head of the European insurance watchdog Eiopa, has added his voice to calls for more regulation of loss adjusters and said the profession is likely to be "further recognised" at EU-level in the near future.
    14 May 2012
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