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There are 68,940 results that match your search.68,940 results
  • Aggregate protections and model changes offer hope for reinsurance demand
    Amid the soft market gloom, delegates at the PCI annual convention in Colorado Springs found some grounds for optimism on growth opportunities for reinsurers.
    01 November 2010
  • Tomas triggers CCRIF payout
    The Caribbean Catastrophe Risk Insurance Facility (CCRIF) expects to pay out more than $10mn to Barbados, Saint Lucia and St Vincent & the Grenadines after Hurricane Tomas buffeted the islands over the weekend.
    01 November 2010
  • US Midwest bears up through storm
    Risk modeller RMS says the severe storm system that hit the Midwest US last week does not appear to have caused major damage despite creating near-record low pressure readings for a non-tropical storm.
    01 November 2010
  • Marine follows Bender from Platinum to Allied World
    Allied World Assurance Company has lured senior Platinum Underwriters reinsurance executive Kevin Marine to join its US reinsurance platform, The Insurance Insider can reveal.
    01 November 2010
  • Fairfax buys First Mercury for $294mn amid profit plunge
    Fairfax Financial has bought US specialty (re)insurer First Mercury Financial for $294mn, while its Q3 net profit fell 65 percent year-on-year on lower investment gains.
    01 November 2010
  • Berkshire buys life reinsurer
    Canada-based Sun Life Financial has agreed to sell its life reinsurance business to Warren Buffett's Berkshire Hathaway for an undisclosed sum.
    01 November 2010
  • Ambac mulls Chapter 11 as shares collapse
    Bond insurer Ambac Financial Group warned today (1 November) that it may file for Chapter 11 protection later this year if it is unable to agree a pre-packaged bankruptcy plan with its senior debt holders.
    01 November 2010
  • Greenberg responds to $200mn Capco setback
    Maurice "Hank" Greenberg has responded angrily to the New York State Supreme Court's decision last month that he is liable for damages relating to the so-called Capco reinsurance deal that allegedly hid more than $200mn of auto warranty losses from American International Group (AIG).
    01 November 2010
  • AIA IPO and Alico closure net AIG $37bn
    American International Group (AIG) has raised almost $37bn to help it pay down its US government bailout by floating pan-Asian life insurance operation AIA and closing the deal to sell US life insurance business Alico to MetLife.
    01 November 2010
  • Xchanging in line but continues to battle headwinds
    Xchanging, the business process outsourcer that runs the London market back office, has said economic conditions are continuing to put pressure on activity levels.
    01 November 2010
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