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There are 68,928 results that match your search.68,928 results
  • Brown & Brown sees meagre profit growth as revenue falls
    US insurance intermediary Brown & Brown Inc has booked second quarter net income of $41.2mn, up 1.3 percent on Q2 2009, as it pushes against falling revenues and low investment yields.
    20 July 2010
  • Tucker hire boosts AIA float hopes
    Mark Tucker's official anointing as the new chairman and chief executive of Asian life insurer AIA is set to put the American International Group (AIG) unit on a fast track to independence from its troubled parent.
    20 July 2010
  • People moves
    ABI loses director general after 6 months...
    19 July 2010
  • Bermuda and Switzerland first to be assessed for SII equivalence
    Bermuda and Switzerland - favoured domiciles for many international (re)insurers - are first on European regulators' list for granting Solvency II equivalence to non-EU countries.
    19 July 2010
  • US crop insurers accept $6bn subsidy cut
    US crop insurers have agreed a deal with the US Department of Agriculture (USDA) that will see federal subsidies cut by $6bn over the next decade.
    19 July 2010
  • Goldman Sachs pays $550mn CDO settlement
    Goldman Sachs has agreed to pay $550mn to the Securities and Exchange Commission (SEC) to settle fraud charges that it defrauded investors over the sale of subprime mortgage products that cost its customers more than $1bn.
    19 July 2010
  • U2 claim stands at $17mn
    U2's recently cancelled North American tour is likely to cost the London market $17mn due to contingency cover purchased by the band and its promoters, The Insurance Insider can reveal.
    19 July 2010
  • AIG settles Ohio class action for $725mn
    American International Group (AIG) has agreed to pay $725mn to settle a class action suit brought by state pension funds that alleged the group engaged in accounting frauds and misled its investors between 1999 and 2004.
    19 July 2010
  • Aon switches off $700mn tap for London wholesalers
    Aon has ordered its global workforce to use its own resources to access wholesale markets, such as London, rather than sub-contract to rival brokers.
    19 July 2010
  • Congressional hearings crystallise Neal Bill debate
    Congressional committee hearings held in Washington last week gave a fresh airing of the debate around the Neal Bill (HR 3424) proposals to curtail tax relief on affiliated reinsurance transactions between US insurers and foreign-domiciled reinsurers.
    19 July 2010
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