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There are 68,930 results that match your search.68,930 results
  • Cavell wins dispute damages
    Cavell USA, an affiliate company of UK quoted run-off group Randall & Quilter, and its founder Ken Randall were awarded $1mn and £150,000 in interim damages last month in their dispute with two legacy insurance companies connected to its rival the Bermuda
    10 March 2009
  • Willis' E&O carriers face PA spiral suit
    Broking giant Willis has notified its errors and omissions (E&O) insurers of a potential hit as a result of litigation brought in the UK commercial courts by two of the firm’s former clients for claims totalling $508mn.
    10 March 2009
  • Lloyd's insurers' ILS upgraded
    A lack of losses has caused ratings agencies to upgrade the notes on Brit Insurance's Fremantle cat swap transaction and Catlin-managed catastrophe collateralised debt obligation (CDO) Bay Haven.
    10 March 2009
  • Cat bond pipeline unblocks at last
    The Lehman Brothers-induced ILS drought finally ended late February with the completion of SCOR's $200mn Atlas V catastrophe bond, and news that two more transactions from Chubb and Liberty Mutual are also in the pipe flow.
    10 March 2009
  • Q4 sees 50% D&O price spike for FI
    Directors' and officers' (D&O) liability insurance costs for the S&P financials sector increased 50 percent in the fourth quarter of 2008 compared to the same period of 2007, according to the Quarterly D&O Pricing Index released by Aon.
    10 March 2009
  • Defence costs: a 'cashflow game'
    The cost of defending lawsuits in the US has sky-rocketed in the past year, exhausting primary and first excess layer D&O coverage limits, according to industry experts.
    10 March 2009
  • Call that a junket?
    In a former life, one The Insurance Insider journalist was the recipient of a taste of the considerable largesse of the Stanford Financial Group as an underwriter on one of the firm's insurance policies.
    10 March 2009
  • Cost of financial tsunami tops natural catastrophes in 2008
    The cost to (re)insurers of the global financial meltdown of 2008 exceeded that of estimated claims caused by Mother Nature - even in a year that in Hurricane Ike contained the third-largest individual natural catastrophe loss in (re)insurance history.
    10 March 2009
  • Brit withdraws £150mn fundraising plan…
    After February's flurry of equity fundraising initiatives in the Lloyd's market, Brit Insurance decided to withdraw its plans of raising approximately £150mn on the eve of its 2008 year-end results.
    10 March 2009
  • Energy report: Cutting the Gulf of Mexico's Gordian knot
    Gulf of Mexico (GOM) windstorm energy reinsurance has posted an incurred premium-to-claims ratio of over 360 percent over the last five years, and since December 2007 has produced claims in the region of $3.5bn
    10 March 2009
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