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There are 68,919 results that match your search.68,919 results
  • Tornado cat bond losses rise
    S&P downgraded the Mariah Re 2010-1 tornado bond by one notch to CCC with a negative outlook after covered losses rose to $790mn.
    10 October 2011
  • Charles Taylor makes minnow life acquisition
    UK-listed Charles Taylor Consulting (CTC) has agreed to purchase run-off life assurance company Alico IoM from the American Life Insurance Company (Alico).
    10 October 2011
  • New York gets first taste of new super-regulator
    New York's new Department of Financial Services (DFS) will focus on keeping the Empire State as the pre-eminent global finance centre and on being tough in carrying out its consumer protection duties, according to the body's new superintendent Benjamin Lawsky.
    10 October 2011
  • Golden age of run-off over, survey finds
    The size of the UK non-life legacy market declined by almost 10 percent during 2010 as favourable prior-year development and the active management of portfolios reduced run-off insurance liabilities
    10 October 2011
  • Insurers could take down the financial system, says Geneva Association
    Insurance companies could bring down the entire financial system in a way similar to the banking 2008 banking crisis, according to Patrick Liedtke, secretary general of the Geneva Association.
    10 October 2011
  • NFIP reform limps on
    US lawmakers have avoided yet another lapse of the beleaguered National Flood Insurance Program (NFIP) after the House of Representatives voted last week to extend it through to mid-November.
    10 October 2011
  • Industry unsure on FSA Solvency II timeline shift
    The UK insurance industry has given a mixed response to the Financial Services Authority (FSA)'s declaration that it is now planning for a 2014 start date for the Solvency II regime, with large (re)insurers pushing for the new system to begin a year early in 2013.
    10 October 2011
  • UK financial reform debate heats up
    The overhaul of the UK's financial regulatory architecture received fresh criticism last week as the political wheels on reform begin to turn.
    10 October 2011
  • Washington Metro Authority turns on Lexington
    The spate of litigation relating to the Washington Metro train crash in June 2009 that killed nine people and seriously injured a number of others has continued, with the Washington Metropolitan Area Transit Authority (WMATA) now seeking more than $13mn from Lexington.
    10 October 2011
  • Irene to cause legal disputes
    Property damaged by flooding from Hurricane Irene is set to cause a multitude of legal issues, according to Dan Gerber, a partner at New York law firm Goldberg Segalla.
    10 October 2011
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