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There are 68,928 results that match your search.68,928 results
  • Australian wildfires cost estimated at $500mn
    The wildfires that raged through Australia earlier this month will lead to insurance losses of at least $505mn (A$790mn), according to estimates.
    23 February 2009
  • Florida approves State Farm withdrawal
    Florida's regulators approved State Farm's controversial plan to withdraw from the Sunshine State's property insurance market within two years.
    23 February 2009
  • Platinum scales back cat aggregates
    Bermudian reinsurer Platinum Underwriters posted solid 2008 results last week, which saw it navigate the dual trials of Hurricane Ike and the second half investment meltdown relatively unscathed.
    23 February 2009
  • Industry-wide European loss index closer to launch
    The much-anticipated European industry-wide loss index has drawn closer to fruition with the Swiss incorporation of Perils AG, a firm established to aggregate European windstorm exposure and loss data.
    23 February 2009
  • Swiss Re shares fall further after torrid week; another downgrade
    Swiss Re's share price plunged 19 percent last week as investors digested the replacement of the firm's CEO, the widely expected downgrade by Standard and Poor's and a poorly-received analysts' conference call with its board of directors.
    23 February 2009
  • Willis places Stanford FI cover in London Market
    Stanford Financial Group, the banking and investments group at the heart of $8bn fraud allegations from US regulator the Securities and Exchange Commission (SEC), bought directors' and officers' liability insurance (D&O), Bankers’ blanket bond insurance (BBB) and errors and omissions (E&O) cover in the London Market through global insurance broker Willis, The Insurance Insider can reveal.
    23 February 2009
  • 1/1 renewals 'mixed' for Paris Re; cuts QS capacity
    Swiss-headquartered Paris Re's hopes for reinsurance price hikes at the key 1/1 renewals were not fully realised as it reported only "meaningful increases" in loss-affected classes, while loss-free programmes were either flat or with “very moderate” increases.
    23 February 2009
  • IPCRe posts 40 percent loss ratio; profits slump on investments
    Bermudian (re)insurer IPCRe saw its 2008 operating income fall by a relatively modest 19 percent to $258.7mn, compared to $317.9mn in 2007, as it revealed a loss ratio for the year of 40.2 percent.
    23 February 2009
  • Amlin shorting strategy criticised
    Goldman Sachs’ recommendation last week to short the highly-valued Amlin plc and go long in rival Catlin was criticised last week by Investec Securities’ insurance analyst, Tim Young.
    23 February 2009
  • 62% take-up for Chaucer share issue
    Lloyd’s insurer Chaucer has announced that 61.55 percent of qualifying shareholders took up their rights in its £75mn share placing leaving 70 million shares, equivalent to a 13 percent stake in the firm, to be placed with shareholders and other institutional investors".
    23 February 2009
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