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There are 68,930 results that match your search.68,930 results
  • EQC fails to renew multi-year cover
    New Zealand's Earthquake Commission failed to renew one of its multi-year reinsurance contracts at the July renewals and had to source the cover on an annual basis, according to local press.
    28 July 2011
  • Transatlantic sues Validus over offer and imposes takeover defence
    The battle for Transatlantic Holdings has gone legal with the US reinsurer suing Validus Holdings over the Bermudian's exchange offer direct to its shareholders and adopting a limited stockholders rights plan designed to significantly dilute the holdings of an unsolicited potential acquirer.
    28 July 2011
  • Greek bond exchange won’t impact insurers
    European insurers are unlikely to lose out if they take part in a proposed bond exchange that will devalue Greek sovereign debt holdings, ratings agency Moody's said.
    28 July 2011
  • UK motor premiums up 30% but 2011 pace slows
    The average cost of motor insurance in the UK has increased 30 percent in the last year, according to the AA's latest benchmark index.
    28 July 2011
  • Hardy shares slump as it raises Q1 loss estimates
    Hardy's share price dived by more than 12 percent in early trading after it warned investors that its loss range for first-quarter cats was increasing from £21mn-£26mn to £28mn-£33mn.
    28 July 2011
  • Everest reports modest fall in Q2 profits
    Everest Re held the fall in its second quarter profits to just 16 percent as it benefited from relatively low US storm losses and broadly robust reserves for first-quarter cats.
    28 July 2011
  • WTC settlement helps Scor turn H1 profit
    Scor defied its first-quarter cat losses to report a profit for the half-year, as a c.EUR30mn subrogation gain on its World Trade Center (WTC) loss helped it to post a net income of EUR40mn.
    28 July 2011
  • European parliament signals Solvency II delay
    European (re)insurers will not be held to their Solvency II mandated capital levels until 2014, if the proposals of a key committee of the European parliament are adopted, The Insurance Insider can reveal.
    28 July 2011
  • Transatlantic and Validus turn solid Q2 profits
    Transatlantic Holdings and its unsolicited suitor Validus Holdings both reported solid second quarter net profits despite significant catastrophe losses in the period.
    28 July 2011
  • Aspen profits down 90 percent but insurance arm continues growth
    Net profits at Aspen Insurance Holdings Ltd plummeted 90 percent from $108.9mn to $10.2mn in the second quarter as the bottom line was battered by $65.0mn of losses from record industry catastrophe events in the period.
    28 July 2011
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