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There are 68,928 results that match your search.68,928 results
  • 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
  • House proposes 5-year renewal of flood programme
    The US House of Representatives has voted through a bill that would raise the limits of cover provided by the National Flood Insurance Program (NFIP), as well as extending its warrant until 2015.
    19 July 2010
  • Bill offers reduced collateral requirements to insurers
    Non-US (re)insurers that operate in the US market will have their collateral requirements reduced, after a financial reform bill passed the Senate.
    19 July 2010
  • Argo reveals $20-$25mn Q2 cat hit
    Argo Group revealed $20-$25mn of Q2 net cat losses last week.
    19 July 2010
  • Berkshire again shows asbestos appetite with $4bn CNA deal
    Investment giant Berkshire Hathaway provided a further display of its muscular balance sheet last week (15 July) with a mammoth reinsurance contract that provides CNA with up to $4bn of retroactive long-tail asbestos/environmental cover.
    19 July 2010
  • U2 claim stands at $17mn
    U2's recently cancelled North American tour is likely to cost the London market close to $17mn due to contingency cover purchased by the band and its promoters, The Insurance Insider can reveal.
    19 July 2010
  • Class action lawyers target $230mn NYMagic buyout
    NYMagic's move to go private in a $230mn buyout by ProSight Specialty Insurance Holdings Inc has been challenged by class action lawyers over suggestions the US property casualty insurer may have undersold itself.
    19 July 2010
  • Markel in $135mn US workers’ comp acquisition
    Specialty insurer Markel Corporation acquired privately owned US workers' compensation insurer Aspen for $135mn in cash, it was announced last week.
    19 July 2010
  • Eqecat launches new models
    Catastrophe risk modelling firm Eqecat is releasing the first Asian typhoon model to cover the full western Pacific basin and a US quake model that incorporates earthquake data from the 2008 US Geological Survey.
    19 July 2010
  • Miller bulks up reinsurance with trio of senior defections
    Independent London broker Miller is to beef up its reinsurance capabilities by hiring two senior executives from Guy Carpenter and a derivatives specialist from Evolution Markets.
    19 July 2010
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