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There are 68,930 results that match your search.68,930 results
  • Apollo-CVC set to finalise Brit takeover
    The takeover of Brit Insurance by Apollo and CVC is expected to close in the next 24 hours, with a formal offer now expected to coincide with the release of the (re)insurer’s interim management statement tomorrow morning (26 October).
    25 October 2010
  • Hedge fund P&C start-ups close to launch
    Two hedge fund-backed property and casualty (P&C) start-ups are close to defying the soft market by looking to launch later this year, according to (re)insurance entrepreneur Don Kramer.
    25 October 2010
  • Greenberg to face trial over sham reinsurance deal
    A New York judge has thrown out Maurice "Hank" Greenberg's attempts to dismiss a case holding him personally liable for damages arising from a sham reinsurance transaction that took place while he was running American International Group (AIG).
    25 October 2010
  • AIA float to bring in at least $17.8bn for AIG
    Shares in AIA Group, the Asian life insurance "jewel in the crown" of AIG, are expected to start trading on the Hong Kong stock exchange on 29 October, raising at least $17.8bn.
    22 October 2010
  • Travelers lifts full-year guidance as Verisk windfall boost results
    New York-listed US and international specialty P&C insurer Travelers reported a 9.6 percent year-on-year rise in pre-tax net income for the third quarter to $1.005bn
    22 October 2010
  • Chubb solid in Q3 as cats come in under budget
    P&C insurer Chubb reported solid third-quarter results as lower-than-expected catastrophe losses over the period allowed the firm to lift its full-year operating income per share forecasts.  
    22 October 2010
  • Hannover Re gets EUR100mn tax windfall
    German reinsurer Hannover Re is set to book around EUR100mn profit in the third quarter after winning a legal dispute over the taxation of income generated by subsidiaries.
    21 October 2010
  • ICAT management clinch buy out through special vehicle Paraline
    ICAT, the Lloyd's-backed US cat underwriter for Syndicate 4242, has announced its takeover by a private equity-backed special vehicle Paraline.
    21 October 2010
  • Reinsurers signal return of multi-year contracts as soft market bites
    Further evidence is emerging of the impact the sustained soft market is having on underwriting conditions in the form of the multi-year covers that are increasingly being offered by reinsurers.
    21 October 2010
  • Platinum's third-quarter reserve releases offset NZ loss
    Platinum Underwriters more than offset a $28.5mn hit from the earthquake in New Zealand with third-quarter reserve releases, but booked a 14 percent year-on-year drop in net income for the period to $93.7mn on sharply falling premiums.
    21 October 2010
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