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There are 69,011 results that match your search.69,011 results
  • Fitch: subprime/Alt-A losses could erode 20% of US life capital
    The US life insurance sector faces gross losses from its exposure to non-agency subprime/alt-A residential mortgage investments that could potentially wipe out 20 percent - or up to $47.46bn - of its overall aggregate capital...
    20 July 2009
  • UK insurance working group set to dodge tax issue
    A high-powered City working group co-chaired by the Chancellor of the Exchequer Alistair Darling and Aviva’s CEO Andrew Moss is set to avoid calling for direct changes to the UK’s tax regime which has seen an exodus of Lloyd’s insurers...
    20 July 2009
  • JLT grows aviation team with more Aon hires
    Jardine Lloyd Thompson (JLT) has continued its raid on Aon's aviation ranks with the appointment of Martin Trumper as joint managing director of aviation for Asia, based in Hong Kong.
    20 July 2009
  • Big 3 ratings agencies sued by pension giant
    US pension fund giant the California Public Employees' Retirement System (Calpers) has sued the big three ratings agencies...
    20 July 2009
  • GIC on slip for Iran plane crash loss
    The General Insurance Corporation of India is on the slip for the Tupolev Tu-154 passenger aircraft that crashed in north-western Iran last week, killing all 168 on board, The Insurance Insider revealed last week.
    20 July 2009
  • Strong objections from NAIC on federal proposals
    The US-based National Association of Insurance Commissioners (NAIC) has strongly objected to what it describes as "unnecessary" federal preemption of state authority proposed in a draft health reform bill.
    20 July 2009
  • North Carolina buys $125mn cat bond through Swiss Re
    North Carolina's state-backed catastrophe insurance plans, the Joint Underwriting Association and the North Carolina Insurance Underwriting Association, (NCJUA/IUA), have securitised $125mn of catastrophe risk...
    20 July 2009
  • RSA buys protection against pension risk
    UK insurer Royal & Sun Alliance (RSA) has insured £1.9bn - or approximately one third - of its UK pension scheme liabilities with Goldman Sachs in a deal which it said protects it against potential increases in the cost of funding the scheme...
    20 July 2009
  • Fitch highlights US P&C reserving concerns
    With 2009 set to be another year without pronounced market-wide rate increases, US property casualty (P&C) insurers could soon be seeing the end of bumper reserve releases propping up financial results...
    20 July 2009
  • AIG looks to New York listing for ALICO spin-off
    American International Group (AIG) is accelerating steps to position its American Life Insurance Company (ALICO) subsidiary for a spin-off, as it continues to assess strategic options for the US life business, which may yet lead to a trade sale.
    20 July 2009
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