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There are 68,927 results that match your search.68,927 results
  • EQC reinsurers will have to wait for payback on 3-year deal
    Underwriters on the New Zealand Earthquake Commission (EQC) reinsurance programme will be limited in their ability to get payback for losses through rate rises because of the three-year rolling renewal of the NZ$2.5bn programme
    28 February 2011
  • Tokio Millennium the latest to gain Florida collateral boost
    Bermudian Tokio Millennium Re (TMR) has become the seventh international reinsurer to be granted approval by the Florida Office of Insurance Regulation (FLOIR) to post lower collateral against losses incurred in the state market
    28 February 2011
  • Hiscox profits down but combined ratio holds below 90%
    Hiscox booked a 34 percent slide in pre-tax profits to £211mn in 2010, but limited the widening of its sub-90 percent combined ratio to 3 percentage points despite a heavier loss experience.  
    28 February 2011
  • Berkshire Hathaway posts $2bn underwriting return in 2010
    Warren Buffett again paid tribute to his reinsurance maven Ajit Jain while revealing that Berkshire Hathaway's underwriting profits climbed from $1,460mn to $2,013mn in 2010
    28 February 2011
  • Royal Palm future secured with sale to Tower Hill
    The future of Florida's Royal Palm Insurance Company has been secured with its sale to an affiliate of Tower Hill Insurance Group in a deal first revealed by The Insurance Insider.
    26 February 2011
  • D&F market faces $5bn Chile loss
    The direct and facultative (D&F) market can expect to pay the lion's share of losses from last February's Chile earthquake, with a 60 percent share of total reinsured losses of $8.5bn, according to Aon Benfield
    25 February 2011
  • EQC says latest Christchurch quake is 'separate event'
    The New Zealand Earthquake Commission (EQC) has said that the Christchurch earthquake earlier this week will be classified as a separate event for insurance purposes from last September's quake and its aftershocks
    25 February 2011
  • Brit shareholders to receive 25p bonus on offer price
    Brit Insurance has reported that would-be acquirer Achilles has agreed that year-end net tangible assets (NTA) stood at 1,121p per share, ensuring that shareholders will receive a 25p contingent value payment on top of the basic offer
    25 February 2011
  • Chartis reserve charge drags AIG to $2.2bn Q4 operating loss
    American International Group (AIG) booked a Q4 operating loss of $2.2bn as its bottom line was hit by the previously announced $4.2bn reserve strengthening in its insurance arm Chartis.
    25 February 2011
  • Australia’s ‘big three’ to withstand NZ hit
    Australia's three largest non-life insurers will not be downgraded on their exposure to the latest New Zealand earthquake, ratings agencies Fitch and Moody's have confirmed
    24 February 2011
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