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There are 68,940 results that match your search.68,940 results
  • Marsh establishes two PCC facilities
    Broker Marsh has received approval from the respective regulatory authorities to establish protected cell captive (PCC) insurance facilities in Washington and the Isle of Man.
    01 May 2009
  • RBSI overhauls UK commercial arm
    RBS Insurance (RBSI) is overhauling its sluggish broker-only insurer NIG in a bid to cut costs and drive down its combined ratio, which compares poorly to the firm's other underwriting operations.
    01 May 2009
  • Shedding Admiral stock earns Munich Re EUR107mn
    German reinsurance giant Munich Re will realise a gain of approximately EUR107mn in the second quarter after shedding 4.9 percent of its 15.1 percent stake in Cardiff-based Admiral Group.
    01 May 2009
  • HCC announces MGIC commutation; appoints new CFO
    Texas-based HCC Insurance Holdings has commuted the reinsurance contract it signed with Mortgage Guaranty Insurance Corporation (MGIC) Investment in June last year.
    01 May 2009
  • JLT Re swoops for Aon Benfield execs
    Reinsurance broker JLT Re has taken advantage of talent leaving the recently formed broking giant Aon Benfield by appointing two senior executives to bolster its New York and Chicago operations.
    01 May 2009
  • Banque AIG exec performs resignation u-turn amid default threat
    American International Group (AIG) has moved to calm the choppy waters around the unwinding of its doomed financial products business (AIGFP) by persuading a senior executive at the division to reverse his resignation in order to avert potential legal act
    01 May 2009
  • $150mn Ibis Re cat bond takes flight
    Specialty US property insurer Assurant Inc has successfully launched its first cat bond – the $150mn US wind bond Ibis Re Ltd Series 2009-1 – our sister publication Trading Risk reported earlier this week.
    01 May 2009
  • XL revenues fall sharply in Q1; ACE profits surge
    XL Capital saw revenues fall sharply and its earnings dented in the first quarter, but said a "back to basics" approach was beginning to pay dividends with a healthy 93 percent combined ratio in its core property and casualty (P&C) operations.
    01 May 2009
  • Novae sees average 5% rate rises; investment outperformance continues
    Novae Group - the Lloyd's insurer which withdrew from merger discussions with rival Chaucer Insurance Holdings earlier this year - increased its revenues by almost a third, posted another impressive return from investments and said it was enjoying rate ri
    01 May 2009
  • Travelers profits dip and WR Berkley falls to loss as investment pain continues
    US insurance giant The Travelers Companies saw its Q1 net income fall by around a third from $967mn to $662mn on lower investment income and investment impairments.
    01 May 2009
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