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There are 68,967 results that match your search.68,967 results
  • London Club toes P&I line with 5 percent hike
    Shipowner mutual the London P&I Club will push for a 5 percent annual premium increase, as the P&I sector finds its feet after the 2008 financial crisis and members grapple with the world trade slump.
    24 November 2009
  • Scor to appeal Spanish fine
    Scor said last week it will appeal a EUR18.6mn fine levied by the Spanish National Commission for Competition for allegedly participating in a cartel that fixed prices for construction defect insurance in Spain.
    24 November 2009
  • 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
  • State Farm faces $310mn Texan bill
    US national insurer State Farm's Texan subsidiary, State Farm Lloyds (SFL), was ordered last week by the state's insurance commissioner, Mike Geeslin, to repay home insurance policyholders $310mn in excess charges that go back six years.
    24 November 2009
  • Microinsurance sector hears growth predictions
    The market for microinsurance - insurance for low income individuals in the developing world - has the potential to reach as many as 3 billion people and generate premiums of up to $90bn, although it won't happen overnight.
    24 November 2009
  • Omega confirms chairman exit
    Omega Insurance Holdings confirmed last week that chairman Walter Fiederowicz is stepping down from the company, with a successor expected to be in place by 1 January 2010.
    24 November 2009
  • UK flood bill could hit £105mn
    The substantial flooding that damaged UK properties following heavy rainfall last week could hit £105mn but cost far less than the two Southern England flood events that produced £3bn in aggregate insured losses in 2007, according to modelling firm RMS.
    24 November 2009
  • Aon restructures as Devine steps down
    The president of Aon Risk Services (ARS), Ted Devine, stepped down from the broking giant last week to launch a children's sporting charity.
    24 November 2009
  • Flagship Syndicate 386 now predicts 58 percent return
    QBE's flagship Lloyd's Syndicate 386 has boosted profit forecasts for its 2007 year to a staggering 58 percent of its £340mn capacity, on the back of releases from its bountiful reserves.
    24 November 2009
  • Sword Group buys AgencyPort; creates new insurance division
    Sword Group, the French-headquartered IT company that owns London market supplier Intech, has made a significant inroad into the North Americas by acquiring Boston-based AgencyPort.
    24 November 2009
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