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There are 68,927 results that match your search.68,927 results
  • Catalina in $168mn US run-off move
    Expansive run-off acquirer Catalina has bought a US home warranty company that has businesses in Colorado and Hawaii with combined assets of $168.4mn.
    30 August 2011
  • Lehman Brothers asks court to allow insurers to pay D&O settlements
    Former executives of failed bank Lehman Brothers have petitioned a US bankruptcy court to authorise insurers to release funds to pay a proposed a $90mn settlement.
    30 August 2011
  • Stalemate over Irene livecat trades; third event ILWs on risk
    Only a handful of livecat industry loss warranty (ILW) deals were conducted last week as Irene ploughed through the Caribbean and on to become the first hurricane to make landfall in the US in three years.
    30 August 2011
  • Liberty Mutual workers’ comp appeal thwarted
    A US judge has denied Liberty Mutual the right to appeal against the courts' preliminary approval of a $450mn class action settlement over claims that AIG deliberately misstated the amount of workers' compensation premium that it wrote.
    30 August 2011
  • First half cats send US P&C combined ratio to 108.5%
    The full impact of catastrophe losses has caused the US property casualty (re)insurance sector's combined ratio to deteriorate to 108.5 percent in the first half of 2011, up from 97.2 percent in the prior-year period, according to analysis by Fitch Ratings.
    30 August 2011
  • Fitch: US P&C reserves deteriorating
    US P&C insurers are still maintaining adequate loss reserves even though their level has deteriorated moderately, according to Fitch Ratings.
    30 August 2011
  • Admiral results stoke fresh UK motor fears
    The drying up of reserve releases at top-performing UK motor insurer Admiral last week provided market watchers with a chastening reminder that they are all still vulnerable to claims inflation as the sector continues to struggle to return to the black.
    30 August 2011
  • EQC more than doubles NZ quake claims estimate
    New Zealand's Earthquake Commission (EQC) has run through its $NZ2.5bn ($2bn) reinsurance cover for claims from the February Christchurch earthquakes, according to the country's finance minister Bill English.
    30 August 2011
  • Aussie results reiterate vast scale of reinsurance recoveries
    The "big three" primary commercial insurers in Australasia retained less than $1.5bn of combined losses from the string of Antipodean disasters that cost the (re)insurance industry an estimated $21bn, their recent results show.
    30 August 2011
  • Russian satellite failure poised to land $300mn loss
    The loss of a communications satellite following the partial launch failure of a Russian-made rocket on the 16 August is likely to cost the international space insurance market up to $300mn.
    30 August 2011
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