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There are 68,963 results that match your search.68,963 results
  • Deepwater Horizon loss ‘could top $1.25bn’
    Physical damage and liability claims relating to the Deepwater Horizon oil rig that burnt and sank in the Gulf of Mexico (GoM) last week could top $1.25bn, according to senior energy underwriting sources.
    26 April 2010
  • Lancashire agrees $200mn credit facility
    Bermudian short-tail specialist Lancashire Holdings has unveiled a $200mn credit facility with UK banking group Lloyds TSB.
    26 April 2010
  • Mediobanca chairman wins race to head Generali
    Italy's biggest insurer, Generali, has closed the long-running saga surrounding outgoing company chairman Antoine Bernheim by appointing pundits' favourite Cesare Geronzi as his successor.
    26 April 2010
  • US bill proposes level playing field for foreign (re)insurers
    If President Obama wins enough support to get his financial reform bill through Congress next week, (re)insurers domiciled abroad who do business in the US will take a big step towards achieving a level playing field with US-based competitors.
    23 April 2010
  • Hulst in as Ariel Re CEO as Brooke departs
    Ariel Holdings has appointed Tom Hulst chief executive of its reinsurance business as it continues to revamp its leadership, following founder Don Kramer's announcement last month that he is standing down as CEO.
    23 April 2010
  • Goldmans insider trading probe examines Buffett deal
    Federal investigators probing allegations that hedge fund trader Raj Rajaratnam engaged in insider trading of Goldman Sachs stock believe that a director at the investment bank tipped him off about Warren Buffett's $5bn investment, The Wall Street Journal reports.
    23 April 2010
  • Chubb Q1 income climbs despite $344mn cat hit
    US insurer Chubb saw first quarter net income rise 36 percent to $464mn, despite sustaining a $344mn pre-tax catastrophe hit compared with $26mn over the same period last year.
    23 April 2010
  • Total loss for Transocean rig
    (Re)insurers are facing a total loss on the Transocean Deepwater Horizon rig after it sank on 22 April.
    23 April 2010
  • Zurich estimates $200mn Chile loss
    Zurich has estimated a relatively modest loss from the Chile earthquake at $200mn, reinforcing expectations that the reinsurance industry will take the brunt of the hit.
    23 April 2010
  • Reserve releases help Platinum defy Chile hit
    Strong reserve releases of $49mn helped Platinum Underwriters avoid a loss in Q1 despite its estimated $85mn Chile hit as the market got one of the first indications of how well Bermudians will weather the storm of early year cat losses.
    23 April 2010
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