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There are 68,963 results that match your search.68,963 results
  • Munich Re’s Ergo to place Victoria Leben into run-off
    Munich Re's German life insurance business, Ergo, is set to create the biggest run-off in German corporate history by closing its subsidiary, Victoria Leben, to new business.
    09 April 2010
  • Stanford seeks fourth new attorney in a year
    Disgraced financier Allen Stanford, who is awaiting a criminal trial in 2011 for allegedly orchestrating a $7bn Ponzi scheme, has applied for his fourth set of new attorneys in a year.
    09 April 2010
  • AIG closes asset management sell-off
    American International Group (AIG) completed the sell-off of part of its asset management business to Asian investment firm Pacific Century Group - the fourth deal that it has announced in the last month.
    09 April 2010
  • AIG gets double legal boost
    Beleaguered insurer American International Group (AIG) has seen favourable developments in two of the lawsuits arising from the explosion of its credit default swap (CDS) book in 2008.
    09 April 2010
  • Marine insurers see mixed blessings from downturn
    The world trade and shipping slump brought marine insurers mixed blessings in 2009, with insurable total losses at a record low while premium income also plunged.
    09 April 2010
  • Quinn exposure spread among UK indie brokers
    A string of UK independent insurance brokers are understood to have exposure to Irish insurer Quinn Insurance Limited, which was forced into provisional administration by the UK High Court last week.
    09 April 2010
  • ‘This time is different’, LMG says on electronic placing in London
    The head of the London Market Group (LMG) insists that "this time is different" as the market makes yet another drive towards electronic placing, following a series of embarrassing failures.
    09 April 2010
  • Marsh completes HSBC deal as broker M&A steps up
    Marsh has completed its acquisition of HSBC Insurance Brokers Ltd (HIBL), in a cash deal worth £135mn - the equivalent of just over 1x revenues.
    09 April 2010
  • Giles sets sights on Lloyd’s market with FSJ approach
    It has been confirmed that acquisitive UK independent broker Giles is in discussions with Cooper Gay over purchasing wholesale broking unit FSJ.
    09 April 2010
  • Axa downgraded on risk management ‘shortcomings’
    Standard & Poor's (S&P) has downgraded its insurer financial strength ratings, credit ratings and the core entities of global insurer Axa Group to AA- from AA. The new ratings have a stable outlook.
    09 April 2010
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