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There are 68,967 results that match your search.68,967 results
  • Report puts FRNY in firing line over AIG bailout
    US financial watchdogs have heaped further criticism on the Federal Reserve Bank of New York (FRNY) for its handling of last year's near-collapse of American International Group (AIG).
    24 November 2009
  • Kiln and WR Berkley confirm 2010 Lloyd’s capacity hikes
    Expansive Lloyd's insurers RJ Kiln and WR Berkley have confirmed increases in capacity for the 2010 year of account.
    24 November 2009
  • Kingsway Lincoln deal triggers Pennsylvania complaint
    The Pennsylvania Insurance Commissioner Joel Ario last week filed a complaint to force Kingsway Financial Services to unwind a set of "sham transactions" that it said negatively impacted Lincoln General, one of its subsidiaries in the state.
    24 November 2009
  • Chaucer reveals credit losses
    Lloyd's (re)insurer Chaucer became the latest firm to admit to a shortfall in its trade credit portfolio last week, as it revealed it had strengthened the reserves by £23.5mn in the third quarter.
    24 November 2009
  • Hardy shows strong premium growth as rates increase
    Bermuda-domiciled Hardy Underwriting unveiled good progress towards its goal of doubling premium income between 2008 and 2012 last week.
    24 November 2009
  • Willis sidesteps Gras Savoye obligation; frees cash
    In a deal with European private equity firm Astorg Partners unveiled last week, Willis neatly avoided the $400mn sword of Damocles that has hung over the company's balance sheet in the form of a financial obligation to consolidate its French broking affiliate Gras Savoye.
    24 November 2009
  • JLT loses senior energy exec to Alesco
    JLT energy broking partner Paddy McMurray is to join acquisitive international wholesale energy broking venture Alesco, The Insurance Insider has learned.
    24 November 2009
  • Swiss Re doubles size of two cat bonds to $195mn
    ILS pioneer Swiss Re has increased the size of its Vita IV extreme mortality cat bond to $75mn and its Successor X US wind and quake transaction up to $120mn, due to investor demand.
    24 November 2009
  • Navigant set to close (re)insurance service line
    In a key example of the challenges service providers have been posed by the global economic downturn, Navigant Consulting's (re)insurance service line is set to be discontinued in the coming months.
    24 November 2009
  • Flagstone’s Montana Re cat bond upsizes to $175mn
    Flagstone Re's US wind and quake cat bond Montana Re has increased in size by $55mn to $175mn during the marketing phase, with high investor demand pushing pricing to the low end of guidance, our sister publication Trading Risk has learned.
    24 November 2009
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