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There are 68,931 results that match your search.68,931 results
  • Towergate and KPMG deny reports of debt restructuring
    UK insurance intermediary Towergate Partnership has denied reports that it is drafting in KPMG to advise on restructuring its £560mn in loans and debt facilities which it has used to fund an aggressive acquisition strategy.
    30 March 2009
  • Lloyd's open years shrink further; gross liabilities drop to £2.4bn
    Lloyd's posted another sharp fall in the number of run-off or 'open years' of account in 2008, continuing the trend started in 2007.
    30 March 2009
  • Trading begins on new Florida cat derivative
    The Chicago Mercantile Exchange (CME) facilitated a $10mn trade on its new 2nd event Gulf and Florida hurricane futures contract just days after its launch.
    30 March 2009
  • Hannover Re expects boost from Talanx Swiss Life deal
    Last week's deal between Talanx and Swiss Life will boost Hannover Re's life reinsurance business, according to the unit's CEO Wolf Becke.
    30 March 2009
  • Allianz set to price $150mn cat bond; Ike may trigger Blue Coast
    Europe's largest insurer, Allianz, has added to the flurry of first quarter cat bonds after combining with Aon Benfield and Goldman Sachs to issue the $150mn US wind and quake bond Blue Fin II.
    30 March 2009
  • Lloyd's: No more bumper reserve releases after 2008
    Lloyd's insurers are unlikely to benefit this year from the bumper tide of reserve releases that bolstered the 2008 bottom line, according to the Corporation's director of finance, risk management, and operations, Luke Savage.
    30 March 2009
  • Lockton Intl outsources London PI claims
    Lockton International is to outsource its London professional indemnity claims broking department to commercial liability claims specialist Devonshire Claims Services (DCS), The Insurance Insider can reveal.
    30 March 2009
  • Fairfax provides 40 percent QS to Lloyd's (re)insurer
    Lloyd’s property catastrophe (re)insurer Advent Group has unveiled an amended business plan that sees the firm use a 40 percent quota share of its 2009 property reinsurance book with its majority shareholder, Fairfax Financial Holdings, to ease its stretc
    27 March 2009
  • Tawa falls to $42mn loss on CX Re writedowns
    UK-listed run-off vehicle Tawa plc has fallen to an after-tax consolidated loss for 2008 of $42.4mn, driven by deepening losses from the bond portfolio in its CX Re subsidiary.
    26 March 2009
  • Allied World hires ex-AIG execs for Asia expansion
    The steady exodus of talent from troubled insurance giant American International Group (AIG) continues unabated as its vice president and regional manager for China and Southeast Asia, Benjamin Howell, jumped ship to Bermuda-based (re)insurer...
    26 March 2009
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