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  • Non-life earnings for the biggest of the European (re)insurers will grow by 8 percent in 2011, according to ratings agency Standard & Poor's (S&P).
  • The global executive liability (re)insurance community continues to see remarkably little impact from the sub-prime crisis and the major financial institution fraud-related losses such as Madoff and Stanford, an Insurance Insider survey has recently shown.
  • Securities lawsuit filings hit a new record in 2010, despite a significant drop-off in the number of new suits related to the credit crisis.
  • Sovereign non-payment remains a continuing threat to international business in 2011, according to political risk research carried out by global broker Aon.
  • Lloyd's (re)insurers Hiscox, Beazley and Brit can expect a combined $110mn hit from the New Zealand earthquake, Keefe Bruyette & Woods analyst Christopher Hitchings has estimated.
  • Scor has become the latest (re)insurer to take advantage of the low cost of issuing debt in Switzerland with a SFR400 (EUR300mn) subordinated debt offer.
  • Platinum Underwriters Holdings has agreed to pay almost $50mn to rival RenaissanceRe to buy back share options that it awarded to it when it went public in 2002.
  • Lloyd's insurer Hiscox may have joined its peer Amlin as the Lloyd's insurer of choice for investors, according to Keefe Bruyette & Woods (KBW) analysis.
  • Although the reserve buffer among European reinsurers has withstood the soft market better than might have been feared, there is a risk that the most recent accident years are under-reserved and developing negatively, according to research from Keefe, Bruyette & Woods (KBW).
  • Aon's attempts to impose a new 3.5 percent commission on London market placements are facing a wall of resistance from insurers, The Insurance Insider can reveal.