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There are 68,963 results that match your search.68,963 results
  • The Hartford restocks FP division after Arch raid
    The Hartford Financial Services Group has hired former American International Group (AIG) senior executive Stephen Whelan to replenish its recently raided financial products division, along with 18 other new appointments, The Insurance Insider has learned
    21 September 2009
  • Lloyd's start-up Apollo set for launch
    Nick Jones, the former head of Heritage’s worldwide property division and lead underwriter of the (re)insurer's Lloyd's Syndicate 1200, is to rejoin the Lloyd's market as the active underwriter of a new Syndicate 1969, The Insurance Insider has learned
    21 September 2009
  • Alea merges European and Bermuda operations
    Run-off (re)insurer Alea Group has amalgamated its European and Bermudian subsidiaries and redomiciled Alea Europe from Switzerland into Bermuda.
    21 September 2009
  • Fitch goes negative on Novae subsidiary
    Ratings agency Fitch has changed its outlook on Novae Group's UK FSA-authorised insurance subsidiary, Novae Insurance Company Ltd (NICL), from stable to negative.
    21 September 2009
  • ABI survey pushes UK govt on tax
    Eighty-one percent of UK insurance executives think that if the UK government fails to improve tax competitiveness there will be a drop in the number of insurance firms based in Britain.
    21 September 2009
  • Final Finite Re scandal exec gets probation
    The seventh and final executive convicted over a fraudulent $500mn reinsurance deal that misled investors about American International Group (AIG)’s financial health has been sentenced to two years probation and fined $10,000.
    21 September 2009
  • Levene attacks anti-competitive rhetoric
    Lord Peter Levene, chairman of Lloyd's, has lambasted those who question whether the competitiveness of the City should take precedence in the UK, insisting it is "an absolute priority".
    18 September 2009
  • Buffett declined to buy $25bn AIG P&C operation
    Warren Buffett passed on the chance to buy a "very large" property and casualty (P&C) operation valued at some $25bn from AIG, just as the biggest waves of the financial crisis were breaking this time last year.
    16 September 2009
  • Legacy industry debates ramifications of Scottish Lion ruling
    Scottish judge Lord Glennie's comments on the fundamental issue of fairness effectively halted the Scottish Lion solvent scheme of arrangement and could block progress on schemes currently in the pipeline, according to industry experts.
    16 September 2009
  • Willis to settle last PA spiral suit for $130mn
    Global broker Willis has announced that its E&O insurers are to disburse $130mn to settle the last of the lawsuits arising from its involvement in the infamous London Market personal accident (PA) reinsurance spiral of the late 1990s.
    15 September 2009
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