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There are 68,963 results that match your search.68,963 results

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AIG bailout will cost taxpayers $50bn, government says

The bailout of American International Group (AIG) at the height of the financial crisis will end up costing the American taxpayer $50bn, the US government's latest forecasts suggest.

23 April 2010
Markel expands into trade credit

Specialty (re)insurer Markel International has launched a trade credit division in London, noting "attractive business opportunities" in the sector. The new team will be staffed by former Ace trade credit underwriters.

23 April 2010
Willis appoints former Irish national debt boss to key risk role

Willis Group has appointed Michael Somers, the former chief executive of the agency that manages Ireland's national debt, to its board and invited him to join the board of directors risk committee.

23 April 2010
ABI joins calls for removal of insurance from IMF global levy plan

UK insurance trade body the Association of British Insurers (ABI) has called on the International Monetary Fund (IMF) and the G20 nations to remove insurance from the scope of proposals for a bank bailout fund.

23 April 2010
R&Q acquires French reinsurer as Global Re alliance bears fruit

Expansive legacy and services specialist Randall and Quilter (R&Q) has closed a EUR3.2mn deal to take over French reinsurer La Licorne Compagnie de Réassurances.

23 April 2010
Gallagher defies soft market with steep rise in supplemental commissions

Amid tough conditions for brokers AJ Gallagher posted better-than-expected first quarter results last night (22 April), as its bottom line was boosted by growing supplemental and contingent commissions.

23 April 2010
Gulf rig loss could spread to operators

Further details have emerged of the (re)insurance programme for Transocean's Deepwater Horizon rig in the Gulf of Mexico (GoM), which is the largest offshore energy loss of 2010 to date with an insured value of $560mn.

22 April 2010
Private equity firms are ‘welcome’ in Quinn sale

Administrators of the distressed Irish insurer Quinn are welcoming interest from private equity firms.

22 April 2010
PIA welcomes US flood insurance reform, lobbies for wind exclusion

US trade body the National Association of Professional Insurance Agents (PIA) said it is encouraged by a new bill introduced to Congress that makes key reforms to the National Flood Insurance Program (NFIP).

22 April 2010
Lloyd’s cracks down on broker E&O conflicts

Lloyd's is moving to impose controls on managing agents that write errors and omissions (E&O) policies for insurance brokers that also place business with them, as it seeks to shine a light on potential conflicts of interest, The Insurance Insider can reveal.

22 April 2010

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