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There are 68,930 results that match your search.68,930 results
  • AIG sues BoA for $10.5bn over RMBS
    American International Group (AIG) has filed a lawsuit suing Bank of America Corporation (BoA) for $10.5bn over residential mortgage-backed securities (RMBS) the lender and its subsidiaries packaged prior to the 2008 financial crisis.
    15 August 2011
  • Italian manager buys into Eskatos venture
    Italian-listed asset manager Azimut has bought a half-stake in insurance-linked securities (ILS) manager Katarsis Capital Advisors and its subsidiary Eskatos Capital Management for EUR7.5mn.
    15 August 2011
  • Aon eSolutions sues rival after defections
    Aon eSolutions is suing rival risk management software producer Riskonnect after three of its employees defected, allegedly taking confidential information with them.
    15 August 2011
  • Cat bond sales go against cycle, says S&P
    Ratings agency Standard & Poor's (S&P) says third quarter issuance from the insurance-linked security (ILS) market are on track to beat historical norms for the period, signalling a potential change to the sales cycle.
    15 August 2011
  • UK solicitors' structural woes behind Chartis moratorium
    American International Group's P&C subsidiary Chartis has withdrawn from writing new UK solicitors' professional indemnity (PI) business, amid claims that the Assigned Risk Pool (ARP) needs a major overhaul.
    15 August 2011
  • US captives pay dividends despite soft market
    US captive insurers lifted their dividends to policyholders in 2010, as they sought to reward clients who chose not to flee to the commercial market in search of better pricing, according to a survey by AM Best.
    15 August 2011
  • Reinsurers sweat on IAG deterioration
    International property reinsurers are anxiously anticipating a change in IAG's loss notification from the second New Zealand earthquake after Suncorp added a further $500mn to its total last month.
    15 August 2011
  • Terrorism market softens despite high alert
    The terrorism reinsurance market is currently oversupplied with capacity but this could quickly shift in the event of a major loss, broker Guy Carpenter warned last week.
    15 August 2011
  • (Re)insurers on course for Q3 book growth, despite market turmoil
    Despite the financial market turmoil of recent weeks, US and Bermudian (re)insurers have seen the estimated fair value of their investment portfolios increase in the third quarter, contributing to solid growth in book value per share (BVPS), according to research from UBS.
    15 August 2011
  • SeaBright workers’ comp woes fuel consolidation talk
    Challenging conditions in the US workers' compensation insurance market have heightened speculation over consolidation in the sector as carriers come under increased pressure from rating agencies.
    15 August 2011
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