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There are 68,935 results that match your search.68,935 results
  • Regulators approve QBE takeover of Secura
    QBE has received the green light from regulators for its EUR267mn takeover of Belgium-based specialist reinsurer Secura.
    27 October 2010
  • AJ Gallagher's organic growth declines
    AJ Gallagher's organic growth dipped over the first nine months of 2010, with the broker reporting a 1.9 percent decline in organic commissions and fees, supplemental commissions and contingent commissions.
    27 October 2010
  • AM Best puts Brit under review over post-takeover uncertainties
    AM Best has placed Brit Insurance's credit ratings under review with negative implications after the long-awaited announcement yesterday (October 26) of the £888mn cash takeover offer from private equity firms Apollo Management and CVC Capital Partners.
    27 October 2010
  • RenRe founder looking to launch $500mn Flex Re
    Bermudian stalwarts John Lummis and Jim Stanard have formed Flex Capital Advisors (FCA), a management company that will underwrite reinsurance on behalf of companies and funds and is set to sponsor a new $500mn start-up Flex Re on the island.
    27 October 2010
  • Profits flat at WR Berkley as it beats expectations
    Specialty insurer WR Berkley saw profits slip by a modest 4 percent to $94mn in the third quarter as it resisted the downward pressure that softening rates and torpid investment returns have been placing on bottom lines.
    26 October 2010
  • Profits hold for WR Berkley
    US specialty insurer WR Berkley's net profits slipped by only 4 percent to $94mn in the third quarter, as it resisted the downward pressure of softening rates and poor investment returns.
    26 October 2010
  • Buffett hires hedge fund manager to handle Berkshire investments
    Berkshire Hathaway has appointed Todd Combs from the hedge fund sector as an investment manager, marking further progress in the succession planning for Warren Buffett.
    26 October 2010
  • Arch books 48% drop in Q3 net income
    Bermudian (re)insurer Arch Capital revealed a 48 percent drop in net profit for the third quarter of 2010 to $141.6mn, as investment income and net earned premiums shrank.
    26 October 2010
  • PWS head jailed for Costa Rica reinsurance bribes
    Julian Messent, the former CEO of Lord Pearson of Rannoch's (re)insurance broker PWS Holdings, has been jailed, disqualified and ordered to pay £100,000 compensation after pleading guilty to committing bribery in Costa Rica.
    26 October 2010
  • AIG CEO Benmosche diagnosed with cancer
    American International Group (AIG)'s president and CEO Robert Benmosche has been diagnosed with cancer, but will remain in his role for now and "honour existing commitments".
    26 October 2010
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