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There are 68,963 results that match your search.68,963 results

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Aspen Q2 net income dips as combined ratio rises

Bermudian (re)insurer Aspen saw its net income drop from $126.9mn in the second quarter of 2008 to $110.4mn in Q2 2009, while its combined ratio jumped 8.9 percent year-on-year to 87.7 percent.

30 July 2009
Plumeri: Willis will NOT take contingents

Joe Plumeri, chairman and CEO of broking giant Willis, has reiterated his firm's strong opposition to charging contingent commissions and stated that if the New York attorney were to re-enable the arrangements, Willis would not participate.

30 July 2009
Scor's first half income falls by 24 percent

French reinsurer Scor’s net income for the first six months of the year dropped by 24 percent from H1 2008 to EUR184mn, as investment income dropped from EUR348mn to EUR 149mn.

30 July 2009
North Carolina wind pool closes $200mn cat bond

Parkton Re Ltd, the cat bond put together for North Carolina's state wind pool, has become the latest 2009 issue to upsize as it increased from a planned $125mn to $200mn on closing.

29 July 2009
XL profits slide on FX losses and lower investment income

XL Capital's second quarter net profits plunged 66 percent year-on-year from $237.9mn to $79.9mn, as the bottom line was dented by foreign exchange losses and a fall in net investment income.

29 July 2009
Reserves and investments lift RenRe, Montpelier and Endurance profits

A trio of Bermudian (re)insurers – RenaissanceRe, Montpelier Re and Endurance Specialty Holdings – booked higher Q2 net income bolstered by reserve releases and improving investment conditions.

29 July 2009
Illinois deal is positive for global brokers, says Citi analyst; focus now on New York

The news this morning that AJ Gallagher has amended its deal with the Illinois regulatory authorities to enable the firm to again start charging contingent commissions is good news for the big three global brokers.

29 July 2009
Brokers trade up after Gallagher's contingent deal; Marsh responds

The big three global brokers have all seen their stocks trade upwards today following news that AJ Gallagher will be permitted to again enter into contingent commission arrangements from 1 October.

29 July 2009
Lancashire hit with surprise Q2 slump in GOM energy demand

Lancashire Holdings expressed surprise at the markedly reduced demand for Gulf of Mexico (GOM) energy wind cover it experienced in the second quarter.

29 July 2009
Illinois allows AJ Gallagher to again charge contingent commissions

AJ Gallagher has struck a deal with the Illinois regulatory authorities that will enable the US broker to again accept contingent commissions, signalling the strongest challenge yet to the so-called Spitzer legacy.

29 July 2009

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