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There are 68,962 results that match your search.68,962 results
  • Travelers ordered to pay $445mn asbestos settlement
    US insurance giant Travelers has been ordered by a judge to pay $445mn to settle an asbestos claim with a trail of litigation leading back as far as 1986.
    21 December 2010
  • QBE named in US lawsuit against BP
    QBE Underwriting/Lloyd's O'Farrell Syndicate 1036 has been named as one of eight firms in a civil lawsuit filed by the US government against BP over the Deepwater Horizon oil spill.
    21 December 2010
  • Insurers’ corporation tax payments go above banks
    Insurers' consistent profitability through the financial crisis means the industry is now paying more corporation tax than the banking sector, according to UK tax experts.
    21 December 2010
  • Insurers escape financial institutions bonus crackdown
    Insurers will not be affected by draconian new EU legislation that restricts the cash element of bankers' bonuses to 30 percent of their salary, according to the Financial Services Authority (FSA)'s new remuneration code.
    21 December 2010
  • Brazil’s good news for local reinsurers
    The Brazilian insurance regulator, SUSEP, has published two new resolutions altering the landscape of the Brazilian reinsurance market.
    21 December 2010
  • Lloyd’s rejigs governance structure for Solvency II
    Lloyd's has reworked its risk governance structure to address concerns that it would not stand up to the scrutiny of regulators under Solvency II.
    21 December 2010
  • AIG confirms $150mn D&O settlement
    American International Group (AIG) has confirmed that its directors' and officers' (D&O) insurers, including lead Great American, have agreed to pay $150mn to help settle shareholder claims against the company.
    21 December 2010
  • Chile loss estimated at $8.5bn
    More than nine months after the earthquake that struck Chile, reinsurance broker Aon Benfield has estimated an ultimate industry insured loss figure of $8.5bn.
    21 December 2010
  • Bermuda market facing Pemex pipeline loss
    The Bermudian excess casualty market looks set for another significant loss from an oil pipeline rupture following a blast at Mexico's state-owned operator Petroleos Mexicanos (Pemex).
    21 December 2010
  • Year’s top 10 major losses cost $29bn
    For the second year in a row, direct and facultative (D&F) underwriters have been spared a substantial loss from a major US hurricane, despite an above average level of tropical storm activity.
    21 December 2010
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