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  • In what is traditionally a busy quarter for industry loss warranties (ILWs) between $3bn and $3.5bn of contracts were traded in the first three months of 2010, The Insurance Insider's sister publication Trading Risk revealed last week.
  • US insurers Liberty Mutual and USAA will issue catastrophe bonds in Q2, sister publication Trading Risk predicted last week.
  • Lloyd's insurer Marketform has reported a £90mn loss for 2009, on the back of a sharp deterioration in the claims record of its Italian public hospital medical malpractice (med mal) book.
  • Amlin, Hiscox and Hardy have come out as the top performers at Lloyd's in Shore Capital's annual post-results note on the market's listed insurers.
  • The Pennsylvania Department of Insurance has lost its lawsuit against Kingsway Financial Services (KFSI), with judges finding that the firm did not technically violate the law when it disposed of the Lincoln General Insurance unit by donating it to charities.
  • New York-based private investor the Stilwell Group has upped its stake in troubled Canadian insurer Kingsway Financial Services (KFSI) to 12.8 percent.
  • Florida's insurance commissioner and governor have stood firm in defending their handling of the state's insurance sector, as one insurer faced insolvency and another was put onto special regulatory measures last week.
  • Private equity-backed US broker AmWINS has agreed a merger with fellow US wholesaler Colemont Global Group (CGG) to form an enlarged group that will place $4.8bn of premium annually.
  • Combined losses from the Chilean earthquake through the Lloyd's platforms of Amlin, Hiscox and Catlin could reach as high as $300mn, The Insurance Insider understands.
  • Lloyd's underwriting tsar Tom Bolt has ordered members to report all "off-slip" payments made to intermediaries, as contingent commission-style arrangements become increasingly common in the London market.