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There are 68,936 results that match your search.68,936 results
  • Camomile scheme gains approval
    The proposed solvent schemes of arrangement for the Camomile Pool companies last week secured unanimous approval from its creditors, The Insurance Insider understands.
    14 June 2010
  • Scottish Lion axes staff
    Run-off insurer Scottish Lion has axed the majority of its staff after its sale to Berkshire Hathaway subsidiary National Indemnity Company (NICO), The Insurance Insider understands.
    14 June 2010
  • Lawyers deem CX Re decision “pragmatic”
    Specialist lawyers have greeted as "pragmatic" a recent decision by the UK commercial court to dismiss an appeal by Brazil-based reinsurer IRB against arbitration in favour of its reinsured CX Re.
    14 June 2010
  • Goldman stock stumbles after fresh $1bn+ Timberwolf lawsuit
    Goldman Sachs' stock fell to a new 52-week low last week amid mounting legal action focusing on the Wall Street investment giant's sale of collateralised debt obligations (CDOs).
    14 June 2010
  • Greenberg warns against industry over-regulation
    Maurice "Hank" Greenberg has warned industry leaders that an overreaction from global regulators threatens to rob the insurance sector of its ability to make acceptable returns for shareholders.
    14 June 2010
  • Stanford accused of running $80mn D&O “circus”
    Former Stanford Financial Group (SFG) chief financial officer, Laura Pendergest-Holt, has asked to be tried separately to disgraced financier Allen Stanford in the wake of his "circus-like conduct".
    14 June 2010
  • California challenges rating agencies’ ‘freedom of speech’ defence
    A California judge has put further pressure on the rating agencies' as they look to wield the US Constitution's First Amendment against attempts to make them liable for their ratings decisions.
    14 June 2010
  • Swiss Re continues life support with $50mn Vita Capital IV
    Swiss Re has continued its long-running Vita Capital series of transactions with the issue of $50mn of notes in the first transfer of extreme mortality exposure since November last year.
    14 June 2010
  • Avalon Re C note investors left with $13mn loss
    Energy mutual Oil Casualty Insurance Ltd's (OCIL) Avalon Re excess liability cat bond defaulted at its final maturity date last week (7 June), leaving the lowest tranche investors with a $13mn loss.
    14 June 2010
  • Meteorologists warn of first signs of Atlantic storms
    The next 48 hours is likely to see the formation of the first named storm of the season, according to the US National Hurricane Centre in Miami.
    14 June 2010
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