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  • PricewaterhouseCoopers (PwC) is developing a London-based opt-out scheme for insolvent Orion Insurance Company and The London and Overseas Insurance Company Ltd.
  • Property cat remains the single most testing tail risk for (re)insurers despite the emergence of new exposures such as cyber liability, according to General Re CEO Tad Montross.
  • Property cat remains the single most testing tail risk for (re)insurers despite the emergence of new exposures such as cyber liability, according to General Re CEO Tad Montross
  • Sue Langley, the most senior female executive at Lloyd's, is to leave the Corporation later this year.
  • Shares in RSA, the UK's biggest non-life insurer, plummeted on Monday (11 November) after accounting irregularities at the company's Irish operation forced it to issue its second profit warning in a week late on Friday.
  • The winding up of the liabilities of insolvent UK insurer Highlands Insurance Company (HUK) will enter its final stage next month, as reinsurance cedants will have the chance to vote on a proposed scheme of arrangement.
  • UK Chancellor of the Exchequer George Osborne has announced a further one percentage point reduction in the headline rate of corporation tax to 21 percent by April 2014.
  • UK corporation tax in the UK will be cut by 2 percent this year in a budget that accountancy firm PricewaterhouseCoopers (PwC) has welcomed as good for insurers
  • The criteria proposed for choosing "too big to fail" insurers do not give an incentive to stop risky behaviour and could let companies engaged in systemically risky activities slip through the net, a leading insurance lobby group and thinktank has warned
  • The vast run-off markets in German-speaking countries are set to expand further as more European (re)insurers focus on making efficient use of equity capital, according to a new Swiss study