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There are 68,932 results that match your search.68,932 results
  • Fighting Omega rejects fresh Haverford approach
    Embattled Lloyd's insurer Omega has firmly rejected suitor Haverford's (HBL) downwardly revised cash bid for a stake in the firm and hinted at possible legal proceedings as it vowed to "take such actions as it deems necessary to protect its legitimate interests."
    15 December 2011
  • Canopius appoints Inga Beale as CEO
    Privately owned international (re)insurer Canopius has provided further evidence of its expansive ambition with the appointment of heavy hitting former reinsurance executive Inga Beale.
    15 December 2011
  • Swiss Re puts 2011 cat losses at $108bn
    This year will just fall short of overtaking 2005 as the most expensive year ever for the insurance industry, according to estimates from Swiss Re.
    15 December 2011
  • Omega standoff continues as Haverford reiterates lower bid
    Mark Byrne's Haverford says it remains interested in putting in a lower fixed-price bid for a cornerstone stake in Lloyd's insurer Omega a day after the takeover target released a statement defending its capital position and reiterating its belief that Haverford's original tender offer should have gone unconditional.
    15 December 2011
  • Chaucer bolsters energy sector
    Lloyd's (re)insurer Chaucer has hired multiple staff to its bases in London and Houston as well as the newly created office in Oslo, Norway.
    14 December 2011
  • ABI and LMA welcome watchdog probe
    UK trade bodies the Association of British Insurers (ABI) and the Lloyd's Market Association (LMA) have welcomed UK consumer watchdog the Office of Fair Trading's (OFT) probe into private motor premiums.
    14 December 2011
  • Mapfre Re latest Euro carrier to be downgraded
    Mapfre Re became the latest European (re)insurer to be hit with a credit rating downgrade due to the Eurozone debt crisis today (14 December) after AM Best cut its financial strength rating by one notch to A from A+.
    14 December 2011
  • Scottish Friedhelm losses unlikely to hit treaties – Willis Re
    Insured losses from windstorm Friedhelm, which struck parts of Scotland and northern England last week, will likely have insured losses in the low hundreds of millions of pounds and will probably not hit reinsurance treaties, according to global reinsurance broker Willis Re.
    14 December 2011
  • Fears grow of a further Solvency II delay
    The European Parliament has pushed back a vote on the final rules for the crucial Omnibus II directive until April 2012, meaning insurers may face a further four months without additional clarity on some technical details of the new Solvency II regime.
    14 December 2011
  • Torus enters US surety market with acquisition
    Expansive global specialty insurer Torus is to establish itself in the US and international surety market through the acquisition of First Sealord, a Pennsylvania based surety company licensed in 38 states.
    13 December 2011
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