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There are 68,922 results that match your search.68,922 results
  • 2010 the sixth-worst cat year since 1980
    2010 was the sixth-worst year for natural catastrophes in the last 30, with insured losses reaching $37bn, according to research published by Munich Re.
    05 January 2011
  • ILW pricing down 20%
    US wind prices on industry loss warranty (ILW) contracts have dropped by as much as 20 percent for certain triggers after the close of the hurricane season, according to broker Aon Benfield Global ReSpecialty.
    05 January 2011
  • 2010 cat bond issuance reaches $5.2bn
    The closure of Swiss Re's $170mn Successor X cat bond ended a busy fourth quarter for the insurance-linked securities (ILS) market, with (re)insurers placing $2.2bn of bonds in the capital markets to contribute to a total of $5.2bn for the year.
    05 January 2011
  • Kortis attracts full $50mn
    Swiss Re has closed its Kortis Capital bond fully subscribed, raising $50mn from the first bond to securitise longevity risk.
    05 January 2011
  • Parent of UK solicitors’ PI writer put on negative watch
    The Ukrainian parent company of the ninth biggest carrier in the UK solicitors' professional indemnity (PI) market, Lemma, has been placed on negative watch by AM Best on concerns over its financial reporting.
    05 January 2011
  • Ceiops bullish on growth and M&A
    The Committee of European Insurance and Occupational Pensions Supervisors (Ceiops) has said that there is little prospect of (re)insurers achieving organic growth in 2011.
    05 January 2011
  • SWIP-Lightyear merger completed
    The merger between Houston-based insurance investment vehicle South West Insurance Partners (SWIP) and Lightyear Delos Acquisition Corp has been completed.
    05 January 2011
  • Catlin Re secures strong AM Best rating debut
    AM Best has given a strong ratings debut to the new Zurich-based reinsurance arm of Lloyd's and international (re)insurer Catlin Group, after Swiss regulators gave it the go-ahead earlier in the month.
    05 January 2011
  • AIG takes $4.3bn credit line
    American International Group (AIG) has taken a further step towards loosening its reliance on the US government with a new $4.3bn credit facility.
    05 January 2011
  • Greenberg: AIG ‘nationalisation’ was arbitrary
    Maurice "Hank" Greenberg, the former CEO of American International Group (AIG), has condemned the US government for effectively nationalising the embattled insurance group.The outspoken ex-AIG chief also claimed that the equity for loan deal substantially undervalued the company.
    05 January 2011
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