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There are 68,940 results that match your search.68,940 results
  • 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
  • Brit accepts Apollo-CVC takeover terms
    Brit Insurance this morning (26 October) accepted a cash offer worth up to £888mn from private equity houses Apollo Management and CVC Capital Partners, ending months of speculation about its future.
    26 October 2010
  • Greenberg fights back after $200mn Capco setback
    Maurice "Hank" Greenberg has responded angrily to the New York State Supreme Court decision last week 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).
    26 October 2010
  • Goss Re appoints trio of partners
    US Risk subsidiary Goss Re has appointed three new partners, including former EW Blanch head Ted Blanch.
    25 October 2010
  • People moves
    Antares completes property treaty line-up; Zurich appoints general CEOs; IAG hires Harmer...
    25 October 2010
  • AIG forced to disclose $125mn sale price for subprime lender
    US regulators have forced American International Group (AIG) to disclose the $125mn price tag for selling an 80 percent stake in a subprime lending subsidiary to Fortress Investment Group in August.
    25 October 2010
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