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There are 68,964 results that match your search.68,964 results
  • Satellite market faces soft 2010 despite $44mn Orbcomm deal
    The satellite (re)insurance market is at its weakest since 2001 despite last week's major Orbcomm settlement.
    22 December 2009
  • Further rate declines predicted for US P&C sector in 2010
    The US property and casualty industry is now "solidly entrenched in the soft phase of the market cycle", and a material improvement in pricing "does not appear imminent", according to Fitch Ratings.
    22 December 2009
  • Aon beats off Willis to capture Spanish prize
    Aon Risk Services (ARS) saw off competition from rival Willis to buy FCC Global Insurance Services - the in-house broker for giant Spanish construction and infrastructure management firm Fomento de Construcciones y Contratas (FCC).
    22 December 2009
  • Towers Perrin sees higher US tort costs
    Consultancy Towers Perrin has warned that US tort costs are poised to escalate driven in part by errors and omissions (E&O) liabilities connected with the 2008 financial crisis
    22 December 2009
  • Amlin set to transfer Lockton’s IP business
    Quoted Lloyd's insurer Amlin plc said on 21 December that it is in talks to buy the insolvency practitioners' (IP) insurance unit of privately-owned insurance broker Lockton Intl.
    22 December 2009
  • Stanford insurers win skirmish as D&O dispute continues
    A US judge awarded a partial victory to London market insurers locked in a battle with disgraced financier Allen Stanford over defence costs last week, but the dispute continues.
    22 December 2009
  • Legacy captive start-up launched with Berkshire Hathaway backing
    A Malta-based reinsurer has been launched to provide capital relief to captives with long-tail legacy liabilities
    22 December 2009
  • Investors welcome end to Chaucer CEO saga
    The culmination of a six-month long search for a new CEO and CFO by internal promotions may fail to entirely quash speculation about the company's availability to potential buyers, but it was welcomed at Lloyd's insurer Chaucer Insurance Holdings last week...
    22 December 2009
  • UK U-turn on bank bonus tax bungle
    UK tax authorities, HM Revenue & Customs (HMRC) is to act on industry concerns to change the definitions it uses of banks of banks to stop the 50 percent windfall tax intended for bank bonuses hitting insurance operations, according to reports in the UK national press.
    22 December 2009
  • Marsh says more M&A to come after £135mn HSBC deal
    Global broker Marsh Inc set an expansive tone last week as it revealed it had agreed to acquire HSBC Insurance Brokers Ltd (HIBL), a wholly owned subsidiary of global banking giant HSBC, for £135mn ($218mn) in a mixture of MMC stock and cash.
    22 December 2009
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