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There are 68,927 results that match your search.68,927 results
  • Zenkyoren poised to unveil $10bn+ loss revision
    The long awaited revised Japanese quake loss number for agricultural mutual giant Zenkyoren is expected this week, as the global reinsurance industry divides for two of its largest gatherings of the year.
    21 October 2011
  • Tawa completes Lincoln General purchase
    Insurance service provider and run-off acquirer Tawa has completed its purchase of a majority stake in Pennsylvania insurer Lincoln General, helping to end a bitter stand-off between the US-based insurer's former owners the Kingsway Group and the Pennsylvania Department of Insurance (PDI).
    21 October 2011
  • SEC crisis-linked actions approach $2bn
    Enforcement actions by the Securities and Exchange Commission (SEC) for offences stemming from the financial crisis have brought in almost $2bn so far.
    21 October 2011
  • R&Q picks up failed takaful insurer
    London-headquartered service provider and run-off acquirer Randall & Quilter (R&Q) has agreed to buy Principle Insurance Company Ltd for £4.275mn, as it starts to draw down on the hedge fund facility it negotiated earlier this year.
    21 October 2011
  • Citigroup receives second SEC enforcement
    Citigroup has agreed to pay $285mn to the Securities and Exchange Commission (SEC) over an action relating to the securitisation of sub-prime housing debt. The settlement is the third largest payout
    21 October 2011
  • Fear of uneven SII implementation provokes redomicile debate
    Fears of overzealous implementation of Solvency II regulations by UK regulator the Financial Services Authority (FSA) has prompted several UK (re)insurance companies to consider re-domiciling their headquarters.
    21 October 2011
  • FSA turns screw on brokers’ client money handling
    An increased focus on the handling of client assets has led the UK Financial Services Authority (FSA) to order Section 166 skilled person reports after 80 percent of visits to UK insurance intermediaries, The Insurance Insider understands.
    21 October 2011
  • GC Securities hires Potter from rival
    GC Securities confirmed last week that it has hired Des Potter from rival broker Aon Benfield to work in a newly created role within its merger and acquisition (M&A) advisory arm.
    21 October 2011
  • Axa’s EUR180mn Calypso Capital highlights Perils’ progress
    European insurance giant Axa's latest Calypso Capital cat bond shows how the insurance-linked securities (ILS) market is benefiting from data provided by European loss reporting agency Perils, structuring agent Swiss Re Capital Markets said as it confirmed details of the EUR180mn deal.
    21 October 2011
  • ILS market urged to focus on peak perils but cut price
    The ILS market will stagnate if it tries to build a broadly diversified base, according to Mark van Zanden, Catlin's head of outward reinsurance.
    21 October 2011
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