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There are 68,919 results that match your search.68,919 results
  • S&P downgrades Mapfre
    Fresh from its downgrade of Bermudian cat reinsurer Platinum Holdings late last week, Standard & Poor's (S&P) has lowered its financial strength and credit ratings of Spanish reinsurer Mapfre from AA to AA- because of its heavy reliance on the ailing Spanish economy.
    17 October 2011
  • AmWINS-THB extend takeover window
    Aim-listed broker Thomson Heath and Bond (THB) has extended the deadline for its takeover by US wholesaler AmWINS by a month to 14 November after the two sides failed to conclude negotiations in time.
    17 October 2011
  • Neal Bill back to threaten Bermuda
    A law aimed at ending a "tax loophole" that allows US (re)insurers to transfer premium income to offshore affiliates to avoid paying tax on profits was reintroduced into the US congress last week
    17 October 2011
  • Insurers’ debt poised to bounce after recent slump
    The price of debt issued by European (re)insurers is poised to rally after six months of falling valuations, as the continent's governments and regulators edge closer to intervening in a bid to shore up confidence in their faltering banks and sovereign debt.
    14 October 2011
  • Suicidal competition won’t stop until shortfalls recognised - Markel
    Despite signs of optimism emerging from the gathering of the US surplus lines community in San Diego this week, there will be no significant market change until insurers are made to wake up to reserving inadequacies, according to industry veteran Tony Markel.
    14 October 2011
  • Platinum downgraded on 2011 cat loss creep
    Standard & Poor's (S&P) has reduced the financial strength rating of Platinum Underwriters' operating companies by one notch from A to A- after the Bermudian revealed that it had taken $112.4mn of cat losses in the third quarter.
    14 October 2011
  • ‘Tornado creep’ emerges from latest batch of Q3 cat estimates
    Montpelier Re, Aspen and Allied World have pre-announced their catastrophe losses for the third quarter. The figures show mixed fortunes for the trio, but confirm wider market fears that aggregate loss estimates from the series of tornadoes that struck the US in Q2 are set to rise.
    14 October 2011
  • Byrne secures FSA approval for Omega bid
    Mark Byrne's bid to acquire a 25 percent stake in listed Lloyd's underwriter Omega has moved a step closer to completion after being approved by UK regulator the Financial Services Authority (FSA)
    14 October 2011
  • Catalina completes RLCH purchase
    Run-off acquirer Catalina has completed its acquisition of Residential Loss Control Holdings (RLCH) after obtaining regulatory approval from the Colorado and Hawaii Departments of Insurance.
    13 October 2011
  • BLG partners depart as Clyde merger looms
    Several partners have defected from City law firm Barlow Lyde and Gilbert (BLG) ahead of the firm's planned merger with larger rival Clyde & Co next month.
    13 October 2011
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