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There are 68,956 results that match your search.68,956 results
  • ILS pipeline keeps filling with three new bonds worth $220mn
    The insurance-linked securities (ILS) market continued its recovery last week with $220m in further bond issuance announced.
    20 November 2009
  • AIG’s ability to repay isn’t certain, says Moody’s
    The determination of American International Group (AIG) shareholders to cling to any glimmer of good news saw the troubled firm's share price leap by almost 5 percent in trading early last week before essentially closing flat for the week on 13 November.
    20 November 2009
  • Reinsurance giants in EUR120mn fine for Spanish ‘cartel’
    Spanish competition authority the Comisión Nacional de la Competencia (CNC) has fined local insurers Asefa, Mapfre and Caser and leading global reinsurers Munich Re, Swiss Re and Scor a total of EUR120mn, for operating what it described as a price cartel for decennial liability insurance in the Spanish market.
    20 November 2009
  • Analysts: Montpelier could sanction capital return this week
    Class of 2001 Bermudian Montpelier Re could be the next (re)insurer to signal a return of capital to investors and sanction a new share buyback programme as early as its board meeting this week, according to a note from Barclays Capital.
    20 November 2009
  • MMC pays $435mn to settle Spitzer related class actions
    Marsh & McLennan Companies (MMC), the parent company for brokers Marsh and Guy Carpenter, paid $435mn to settle securities and ERISA class actions last week.
    20 November 2009
  • Amlin’s upbeat view beats expectations
    Lloyd's and international (re)insurer Amlin issued an upbeat 10-month trading statement today (16 November), with strong investment returns and a benign claims environment combining with large reserve releases to hold out the prospect of bumper full-year results.
    20 November 2009
  • Equitas’ victory against R&Q has repercussions beyond LMX spiral
    An inability to prove your loss is traditionally a major stumbling block to achieving a reinsurance recovery. But this is no longer the case, following a UK High Court decision last week in the dispute between Equitas and Randall & Quilter (R&Q).
    20 November 2009
  • Scor to cease funding Novae in 2010
    Scor will stop providing reinsurance capital to Novae following the Lloyd's insurer's decision to launch a reinsurance business in 2010, The Insurance Insider can reveal.
    20 November 2009
  • MMC announces $435mn in class action settlements
    Marsh & McLennan Companies (MMC), the holding company for brokers Marsh and Guy Carpenter, has paid $435mn to settle securities and ERISA class actions.
    13 November 2009
  • Marketform restructures operations; management reshuffle
    Marketform, the Lloyd’s insurer majority owned by the US firm Great American Insurance Group, is undertaking a significant reshuffle of its executive operations to improve its “corporate governance”.
    13 November 2009
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