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There are 68,958 results that match your search.68,958 results
  • 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
  • Fitch goes stable on reinsurance as capital concerns ease
    Rating agency Fitch said its concerns over reinsurers' ability to tap capital markets following a significant catastrophe have "sufficiently eased" after revising its outlook on the global reinsurance sector from negative to stable.
    13 November 2009
  • Reinsurance giants fined millions for Spanish decennial ‘cartel’
    Spanish competition authority the Comisión Nacional de la Competencia (CNC) has fined local insurers Asefa, Mapfre and Caser as well as leading global reinsurers, Munich Re, Swiss Re and Scor a total of EUR120mn for operating a cartel.
    13 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
  • Brit sets December date for Dutch redomicile
    UK insurer Brit has laid out the timetable for its redomicile to the Netherlands in a reorganisation that it is expected will see a new holding company listed on the London Stock Exchange on 21 December.
    12 November 2009
  • $100mn+ 'mega claims' account for 50% of insured power losses
    So-called ‘mega-claims’ are now a common occurence in the power (re)insurance market, with almost half of the $9.85bn total loss recorded over the last ten years the result of just 16 claims.
    12 November 2009
  • UK Court sanctions Trimark scheme
    The UK High Court has sanctioned schemes of arrangement for the 48 solvent and insolvent companies that make up the Trimark 1968 and prior years pools schemes, after creditors voted "overwhelmingly" in favour at a 9 October meeting.
    11 November 2009
  • Market converges for Trading Risk briefing
    Just under 200 investors, advisors and sponsors gathered in New York for Trading Risk's annual executive briefing last month to discuss market issues.
    11 November 2009
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