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There are 68,925 results that match your search.68,925 results

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Cuomo in $120mn parting shot with Ace and Zurich

Outgoing New York Attorney General Andrew Cuomo has capped his period in office in characteristic style by agreeing a $120mn settlement with four insurance groups that he was prosecuting, including Ace and Zurich.

04 January 2011
PartnerRe continues capital return with new share repurchase authorisation

PartnerRe Ltd has stepped up its capital management strategy with a new board approved share repurchase authorisation of up to 7 million common shares.

31 December 2010
Flagstone NZ estimate hike points to creep at private insurers

Flagstone Reinsurance Holdings has become the latest international (re)insurer to significantly raise loss estimates for September's New Zealand earthquake, with a 44 percent rise from US$52.5mn to US$75.5mn net of reinstatement premiums and retrocession.

31 December 2010
Willis Re sees reinsurance pricing down 5 to 10 percent at 1.1

Reinsurance broker Willis Re has reported a 5 to 10 percent average fall in global reinsurance pricing at the 1.1 renewals as an overcapitalised and competitive reinsurance market bore fruit for clients.

31 December 2010
Aon Benfield sees reinsurers back in step with cedants at 1.1

Reinsurers are now lowering rates at the same or faster pace than their cedants according to reinsurance broker Aon Benfield.

30 December 2010
Property cat rates slide 7.5% at 1.1 says Guy Carpenter

Global property catastrophe reinsurance rates were down 7.5 percent in the aggregate for 1 January 2011 renewals as excess capital in the sector absorbed 2010 losses, according to Guy Carpenter.

30 December 2010
Achilles-Brit deal vote period extended into 2011

Brit shareholders have been given a further fortnight to vote on the joint Apollo-CVC offer for the listed Lloyd's insurer first unveiled in late October.

29 December 2010
Allstate sues Bank of America over $700mn toxic sub-prime investments

US insurance giant Allstate Co is suing the Bank of America and its subsidiary Countrywide Financial over $700mn in residential mortgage-backed securities the insurer purchased over a two-year period.

29 December 2010
Houston International sells wholesale arm to Bob Deutsch private equity firm

Houston International Insurance Group (HIIG) has sold its wholesale broking arm Southwest Risk LP (SWR) to Bob Deutsch-led private equity firm GCP Capital Partners as it looks to focus its efforts on buying underwriting agencies.

29 December 2010
AIG takes $4.3bn credit line to lift it off US government support

American International Group has taken a further step towards loosening its reliance on the US government with a new $4.3bn credit facility.

29 December 2010

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