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There are 68,963 results that match your search.68,963 results
  • Euler Hermes feels crunch in 2009
    Euler Hermes, the world's biggest credit insurer, saw its net income nosedive by 77 percent in 2009, as business insolvencies drove its combined ratio well in excess of 100 percent.
    24 February 2010
  • Kingsway dominates 2009 AM Best downgrade statistics
    AM Best has reported that downgrade action in the US P&C market has outpaced upgrades, with US subsidiaries of troubled Canadian auto insurer Kingsway Financial Services (KFSI) accounting for nearly 20 percent of negative actions.
    24 February 2010
  • Stanford victims file class action against Antigua
    Victims of the global fraud allegedly run by disgraced financier Allen Stanford have filed a class-action lawsuit against the Eastern Caribbean Central Bank (ECCB), five regional financial institutions and the government of Antigua and Barbuda.
    24 February 2010
  • Aon sues PI insurers over UNIC spat
    Aon has accused over a dozen Lloyd's syndicates and London market insurers of breach of contract after being allegedly denied PI coverage in its reinsurance spat with UNIC.
    23 February 2010
  • Run-off pricing still a ‘free-for-all’: legacy leaders
    The current pricing for portfolios of legacy business is still a "free-for-all" and the economic downturn has done little to flatten what many see as a trend of over-paying, according to a survey of senior practitioners.
    23 February 2010
  • AIG shelves plan to sell derivatives portfolio; hit by tax snag
    In another eventful week, American International Group (AIG) has dropped plans to sell all of its controversial derivatives portfolio and walked straight into a...
    23 February 2010
  • Fitch adds to reinsurance lament
    Ratings agency Fitch is the latest commentator to note that rates are falling in most reinsurance classes because of abundant capacity.
    23 February 2010
  • Berkshire a boost to Swiss Re in 2009, but write-downs drag
    Berkshire Hathaway's capital injection helped Swiss Re boost its shareholders equity by SFr5.7bn in 2009 to SFr26.2bn.
    23 February 2010
  • P&I clubs nervous over fresh Iran sanctions
    The growing international sanctions emerging in response to the Tehran government's nuclear ambitions have raised the alarm among P&I clubs, with ship-owner members operating to and from Iran.
    23 February 2010
  • German (re)insurers move on Iran
    Germany's heavyweight (re)insurance sector has lined up to suspend or clarify the extent of its business in Iran, amid mounting international concerns over the country's nuclear capability.
    23 February 2010
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