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There are 68,926 results that match your search.68,926 results
  • Doubts surface over AIG’s $725mn Ohio settlement
    American International Group (AIG)'s $725mn Ohio pension funds settlement appeared to bring a long-running securities litigation case to a close.
    26 July 2010
  • Texas windstorm pool pays $190mn to settle Ike claims
    Nearly two years after Hurricane Ike made landfall on the US coast, state insurer of last resort the Texas Windstorm Insurance Association (TWIA) has agreed to pay a $189mnn settlement to Galveston residents whose homes were completely destroyed in the storm.
    26 July 2010
  • Soft market puts pressure on Brown & Brown revenues
    US retailer Brown & Brown Inc booked second quarter net income of $41.2mn, up 1.3 percent on Q2 2009, as it fought against falling revenues and the squeeze on margins caused by the weak US P&C markets.
    26 July 2010
  • Aon Hewitt deal unaffected by US consultancy purchase
    Broking giant Aon has indicated that its $4.9bn bid for global consultancy firm Hewitt Associates will not be affected by Hewitt's move to buy Chicago-based investment consultancy EnnisKnupp.
    26 July 2010
  • JLT expands European network
    London-listed Jardine Lloyd Thompson (JLT) has added three new independent European brokers to its network and acquired a 20 percent stake in one of them - Austrian company the Greco Group.
    26 July 2010
  • Chubb mulls return to contingents
    Chubb Corp is in discussions with the major brokers about formally returning to contingent commissions, even though it already offers similar arrangements to its producers.
    26 July 2010
  • Contingent controversy reignites
    Aon's announcement last week that it would again take contingent commissions has led to predictable howls of protest, almost six years after the former New York attorney general Eliot Spitzer's bruising campaign
    26 July 2010
  • QBE warns first half profits set to shrink by 40%
    Australian (re)insurer QBE has warned that its first-half profits are likely to be 40 percent down on 2009, as it wrestles with net realised and unrealised equity losses of US$228mn.
    26 July 2010
  • Mapfre first-half profits shrug off Chile hit
    Spanish-headquartered Mapfre Group has posted a 6.3 percent gain in gross first-half pre-tax profits to EUR874.5mn, despite a EUR96.6mn Chile earthquake hit together with Iberian Peninsula and US storms impacting its bottom line.
    26 July 2010
  • Platinum places cycle management marker
    Platinum Underwriters has laid down a marker to its Bermudian peers and reaffirmed its commitment to cycle management by shrinking its premium base and growing its share repurchase programme in response to unappealing market conditions
    26 July 2010
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