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There are 69,015 results that match your search.69,015 results
  • Bermuda gets US tax reprieve - for now
    Bermuda was dealt a reprieve last week as US President Barack Obama left out of his $210bn tax revenue package proposals that would curb the ability of non-US insurers to cut tax bills by ceding US premiums to affiliated offshore reinsurers.
    18 May 2009
  • Brit and Amlin increase QS use as top line grows
    Lloyd's (re)insurers Brit and Amlin impressed with strong figures in interim management statements last week, supporting strong top line growth with bullish comments on pricing.
    18 May 2009
  • All eyes on Brit over Chaucer interest; shareholders reveal their disapproval
    Following private equity firm Pamplona Capital Management's announcement last week that it would like to acquire a 29.9 percent stake in Lloyd’s insurer Chaucer Holdings, all eyes are on Brit Insurance...
    18 May 2009
  • Validus increases IPC offer; adds cash
    Validus Holdings has raised the stakes in its battle with Max Capital to acquire fellow Bermudian IPC Holdings by introducing a modest cash component of $3 a share to its offer.
    18 May 2009
  • Butterworth resigns from Pembroke
    Mark Butterworth, managing director of Ironshore-owned Lloyd's reinsurer Pembroke, has resigned from the company and is working his notice, a spokesperson for Syndicate 4000 confirmed.
    18 May 2009
  • AIG looks for early Asian life IPO; downgraded by Fitch
    American International Group (AIG) is speeding up plans to reposition its Asian life insurance operations as an independent company that will include a multi-billion dollar initial public offering (IPO).
    18 May 2009
  • Lloyd's censures Ark A&H underwriters
    Lloyd's has censured three members of Ark Syndicate Management's Accident and Health (A&H) underwriting team for "discreditable and detrimental conduct" following their move to Ark from Travelers' Lloyd's platform in 2007.
    18 May 2009
  • Fox breaks cover at HSBC
    Adrian Fox, the financial institutions (FI) specialist who resigned from Aspen Insurance Holdings in March, has re-emerged at HSBC Insurance Brokers.
    18 May 2009
  • Babcock hedges pension liabilities with longevity swap
    UK-based engineering support services firm Babcock International Group plc is pioneering a £500mn longevity swap with Credit Suisse - the first in a series of transactions designed to hedge 45 percent of its £1.7bn defined pension liabilities.
    18 May 2009
  • Ajax Re becomes second Lehman-backed Cat bond to default
    A second Lehman Brothers-backed catastrophe bond is in default after issuer Ajax Re failed to repay principal at the 8 May redemption date, according to AM Best, which downgraded and withdrew its debt rating on the $100mn earthquake cat bond.
    18 May 2009
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