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There are 68,918 results that match your search.68,918 results
  • Japan, still reeling from the billions of dollars of economic damage caused by the Great Tohoku earthquake in March, has largely escaped fresh disaster after a landfalling category 2 storm caused only modest losses
  • French mutual insurer Groupama faces a further downgrade of up to two notches tomorrow (23 September) by Standard & Poor's (S&P), unless it demonstrates it has acted strongly to ease the ratings agency's concerns over its capital adequacy.
  • Fresh from the controversy generated by RMS' revised US windstorm model - widely regarded as a key driver for the mid-year rate increases seen for US hurricane-exposed risk - brokers are now warning about the potential consequences of the modeling firm's new European model.
  • London wholesale broker Lonmar Global Risks' 2010 results have been overshadowed by the revelation that the company made a provision of over £2mn to reimburse excess commissions that it charged to marine underwriters.
  • Lloyd's has disclosed a preliminary loss estimate of $600mn for the outbreaks of tornadoes in the US throughout April and May.
  • Long-term Omega suitor Barbican has answered recent Haverford and Canopius bids by tabling a nil-premium merger proposal with a post-completion 84p cash tender offer for up to a quarter of the shares
  • Lloyd's senior management has shrugged off industry loss creep in the Japanese and New Zealand earthquakes to say that its initial $3.8bn loss estimate for the first three major cats of the year is holding solid.
  • Ailing New Zealand mutual AMI has confirmed that its reinsurers will be forced to accept two NZ$595mn (US$487mn) total losses from the September and February earthquakes in Canterbury.
  • Lord Peter Levene of Portsoken, the outgoing chairman of Lloyd's, has been awarded the rare honour of a gold medal for services to Lloyd's for his role in re-cultivating the market's reputation and gaining access to new territories
  • Lloyd's has disclosed an interim loss of £697mn following record catastrophe claims in H1, but comfortably outperformed the £1.5bn half-year loss forecast by specialist accountancy firm Mazars