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There are 69,015 results that match your search.69,015 results
  • Hartford sues Arch over Financial Products 'raid'
    The Hartford Financial Services Group has filed a lawsuit against Bermudian Arch Insurance and three former employees, claiming Arch "conducted an unlawful corporate raid" by hiring over 60 managers, underwriters and employees from its New York subsidiary
    06 July 2009
  • Omega deploys excess capital with buyout
    Lloyd's and Bermuda (re)insurer Omega Insurance Holdings declared its Names capacity buyback initiative a success last week, after receiving acceptances of approximately £45.7mn of capacity.
    06 July 2009
  • UK non-life sector misses out on Q2 FTSE bounce
    After a first quarter in which it outperformed the FTSE All Share index total return, the UK non-life insurance sector has failed to pick up on the widespread bounce in the equity markets in Q2.
    06 July 2009
  • Willis faces $1bn Stanford class action
    US law firms Strasburger & Price and Castillo Snyder have filed a class action lawsuit in the US Federal Court against Willis Group Holdings, seeking $1bn in damages.
    06 July 2009
  • AIG makes further progress with asset sales
    American International Group (AIG) has continued to make steady progress on its non-core asset disposal programme over the last two months...
    06 July 2009
  • Modest values likely to spur further (re)insurance M&A
    PartnerRe's swoop for Paris Re has served as a reminder that while global (re)insurers are trading at below book or net tangible asset values, the temptation for premium-rated peers to turn acquirer for low-priced peers...
    06 July 2009
  • Bryce IPC retirement confirmed, Weale takes over as interim CEO
    Bermudian reinsurer IPC Holdings has confirmed that James Bryce retired as president and CEO of the firm on 30 June. He is succeeded by John Weale, IPC's CFO, who will serve as president and interim CEO.
    06 July 2009
  • Flagstone's Swayne to return to Bermuda
    Guy Swayne, CEO of Flagstone Réassurance Suisse - the Swiss subsidiary of Flagstone Reinsurance Holdings - will return to Bermuda to resume his role as chief underwriting officer for the reinsurer’s international team.
    06 July 2009
  • PartnerRe leaps into top four; rating agencies respond
    Bermudian reinsurer PartnerRe is to acquire up-for-sale rival Paris Re in a $2bn multi-step deal that will create the world's fourth-largest pure reinsurer, based on shareholders' equity and business written.
    06 July 2009
  • Airline insurers face 2nd biggest loss year on record
    June looks set to be the costliest month for aviation insurers since September 2001, according to the latest report on the sector from broker Aon.
    06 July 2009
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