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There are 68,936 results that match your search.68,936 results
  • Berkshire loses Moody's Aaa ratings
    Ratings agency Moody's has completed a hat-trick of negative agency actions against Warren Buffett-owned Berkshire Hathaway, by downgrading the financial strength ratings on its insurance subsidiaries from Aaa to Aa1.
    14 April 2009
  • Marsh: 20% increase in D&O insurance uptake
    UK FTSE 100 companies are purchasing 20 percent more directors’ and officers’ (D&O) insurance compared to 12 months ago, amid heightened concerns over litigation, shareholder action, and increased regulator scrutiny...
    14 April 2009
  • Guy Carpenter completes Collins acquisition
    Reinsurance broker Guy Carpenter has completed its acquisition of smaller rival broker John B Collins (Collins).
    14 April 2009
  • Madoff feeder fund faces Massachusetts fraud suit
    Fairfield Greenwich – one of the largest institutional investors in Bernard Madoff’s alleged $50bn Ponzi scheme – has been accused of “flagrant and recurring misrepresentations” that “give rise to fraud” by Massachusetts Secretary of the Commonwealth Will
    14 April 2009
  • US property-cat reinsurance rates rise at April renewals
    Rates for national US property-catastrophe reinsurance programmes rose by between 10 and 14 percent on a risk-adjusted basis at 1 April renewals, continuing the hardening trend seen in January’s renewals for catastrophe-exposed lines, according to broker
    14 April 2009
  • Ironshore grabs more AIG execs; gets AM Best endorsement
    Bermuda-based Ironshore has tapped into the steady stream of talent leaving struggling insurance giant American International Group (AIG) with the appointment of Tim McAuliffe - former president of AIG Excess Casualty - as president of its specialty casua
    14 April 2009
  • Lancashire expects demand surge for GOM energy capacity
    Class of 2005 start-up Lancashire Holdings said last week it expects to benefit from a surge in demand for Gulf of Mexico (GOM) energy capacity in the second quarter, after deliberately holding back capacity in the first three months.
    14 April 2009
  • Lancashire ups Ike estimates by $38.4mn on energy losses
    Shares in Lancashire Holdings traded down after the Class of 2005 (re)insurer increased its estimate of expected losses from Hurricane Ike by $38.4mn, swelling the ranks of those underwriters who have upped their estimates in recent months.
    08 April 2009
  • IPC board rebuffs Validus bid
    IPC Holdings’ board has rebuffed fellow Bermudian Validus Holdings’ approach as it reaffirmed its recommendation to shareholders for a merger with Max Capital.
    08 April 2009
  • Aon UK to cut costs with pension overhaul
    Aon UK is planning to lower its standard employer pension contribution to 6 percent of salary across the board in an overhaul it says will enable it to reduce fixed costs and protect its business under challenging economic conditions.
    08 April 2009
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