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There are 68,940 results that match your search.68,940 results
  • Validus outperforms on underwriting and reserve releases
    Bermudian reinsurer Validus has beaten Wall Street estimates by posting net income of $124mn in the first quarter of the year as its core underwriting performance and reserve releases outpaced expectations.
    27 April 2012
  • Scor secures 7% rate rise on 1 April business
    Scor has revealed that it achieved a weighted average rate increase of 7 percent on the EUR328mn of premium that it renewed at 1 April.
    27 April 2012
  • Mitsui Sumitomo injects $150mn into Bermuda unit MS Frontier
    Major Japanese insurance group Mitsui Sumitomo has injected $150mn of capital into its Bermudian subsidiary MS Frontier Reinsurance.
    27 April 2012
  • Willis posts 2% organic growth
    Global broker Willis has turned its disappointing full-year 2011 fortunes around by posting overall organic commission and fee growth of 2 percent in Q1 2012 and an operating margin of 31.3 percent.
    27 April 2012
  • Axis cuts Q1 cat premium by 40 percent
    Bermudian (re)insurer Axis Capital has reacted to the brutal global catastrophe losses last year by slashing its catastrophe reinsurance underwriting during Q1 by more than 40 percent.
    27 April 2012
  • Barclays and Deutsche buy AIG assets from New York Fed
    The New York Federal Reserve Bank has now sold its tranche of collateralised debt obligations (CDOs) in its Maiden Lane III vehicle -stemming from its 2008 bailout of American International Group (AIG) - to a consortium comprising Barclays Capital and Deutsche Bank Securities.
    26 April 2012
  • The Hartford sells annuity salesforce
    US insurer the Hartford has agreed to sell the new business capabilities of its Individual Annuity unit to Forethought, a Houston based private financial services company.
    26 April 2012
  • Refinancing takes its toll on Towergate’s results
    Broker aggregator Towergate has posted a £77.5mn pre-tax loss on ordinary activities for 2011 compared to a modest £0.8mn loss in 2010. The group's recent debt refinancing and redemption of preference shares has taken its toll, with the firm attributing most of the loss to interest costs of £111.8mn.
    26 April 2012
  • Hyperion acclaimed for international trade growth
    International insurance broking group Hyperion has attained its second Queen's Award for Enterprise in the international trade category.
    26 April 2012
  • Antares hires new COO
    Lloyd's insurer Antares announced today the appointment of Mark Graham to the newly created role of chief operating officer.
    26 April 2012
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