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There are 68,918 results that match your search.68,918 results
  • Validus registers Q1 losses of $172mn
    Bermudian-headquartred short-tail specialist Validus fell to a loss of $172mn in the first three months of the year as $271mn of catastrophe losses took their toll.
    06 May 2011
  • Willis Facultative to merge with Glencairn
    The facultative reinsurance arm of Willis Group is to be moved into the group's London-headquartered wholesale broker Glencairn, sister publication InsideFAC has revealed.
    06 May 2011
  • Buffett continues to feast on asbestos
    National Indemnity Company (NICO)'s reinsurance deal last month to assume $3.5bn of American International Group (AIG) liabilities in advance of its planned IPO was also further demonstration of Warren Buffett's enduring appetite for asbestos risk.
    06 May 2011
  • GTE Re ruling gives Rhode Island unique winding-up powers
    A potentially pivotal ruling in a Rhode Island court has approved a commutation plan for a solvent insurer to extinguish its liabilities without going into insolvency, in a ruling that could have significant implications for commercial (re)insurers with a run-off portfolio in the States.
    06 May 2011
  • Tawa extracts PXRE capital
    Defunct Bermudian retro player PXRE - now owned by UK-listed run-off acquirer Tawa - has received approval from the Connecticut Insurance Department to withdraw $22,800,000 in the form of a cash dividend to its immediate parent WT Holdings, Inc.
    06 May 2011
  • R&Q delivers on 2011 investor enthusiasm
    After Randall & Quilter (R&Q)'s shares climbed 19 percent on the London Stock Exchange in the first four months of 2011 its year-end results largely validated investors' enthusiasm.
    06 May 2011
  • Goldman Sachs invests $291mn in Enstar
    Goldman Sachs' private equity arm has agreed to invest up to $291.6mn for a 19.9 percent stake in leading Bermudian run-off player Enstar, becoming the group's largest single shareholder in the process.
    06 May 2011
  • FSA quadruples Solvency II staff
    The Financial Services Authority (FSA)'s Solvency II contingent has quadrupled in size in the last year as the regulator tries to keep pace with the EU's schedule.
    06 May 2011
  • FSA focuses on the big picture
    UK insurers don't hear too much about "proportionality" from their regulator these days but there was a welcome echo last month when the Financial Services Authority (FSA) said it would impose a two-tier approach to Solvency II.
    06 May 2011
  • Bolt reignites broker remuneration tensions
    The simmering tensions between some brokers and insurers risked spilling into open hostilities during April as arguments again erupted over broker remuneration.
    06 May 2011
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