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There are 68,928 results that match your search.68,928 results
  • Swiss Re falls further as analyst lowers forecasts
    Swiss Re’s share price plunged 10 percent today (20 February), compound a fall of 5 percent yesterday, as analysts digested an afternoon conference call with the troubled reinsurance giant’s board of directors, and took no comfort from what they heard.
    20 February 2009
  • Mapfre loses double-A rating
    Mapfre became the second (re)insurer to lose AA-rated status this week as ratings agency Fitch downgraded the Spanish (re)insurer’s core subsidiary insurer financial strength (IFS) rating to A+ from AA-, citing the company’s weakened capital adequacy at t
    20 February 2009
  • AXA shares down as profits plunge 83 percent
    French insurer Axa saw its full year profit for 2008 fall by 83 percent to EUR923mn as it suffered the effects of negative marks-to-market on its corporate bond portfolio of EUR1.5bn and balance sheet hedging which cost EUR222mn.
    19 February 2009
  • Platinum pulls through 2008, scales back aggs for 2009
    Bermudian reinsurer Platinum Underwriters has posted solid 2008 results, which saw it navigate the dual trials of Hurricane Ike and the second half investment meltdown relatively unscathed. However the reinsurer revealed a somewhat blunted appetite for ca
    19 February 2009
  • IAG raises A$450mn; reveals A$126mn hit from Australian wildfires
    Troubled Australian insurer Insurance Australian Group (IAG) has raised $450mn ($287mn) after warning that its first-half profits will be adversely impacted by the twin effects of this month's devastating bushfires in southern Australia which have killed killed some 200 people and adverse movements in investment income.
    19 February 2009
  • Ironshore Environmental to grow with exclusive Berkshire MGU
    Ironshore Inc is to grow further into American International Group (AIG) territory with an exclusive managing general underwriter (MGU) arrangement for its new environmental unit with Berkshire Hathaway subsidiary National Fire and Marine.
    18 February 2009
  • Swiss Re downgraded by S&P; pressure grows on Kielholz
    Standard & Poor’s (S&P) has downgraded counterparty credit and financial strength ratings on Swiss Re and its core operating entities from AA- to A+.
    18 February 2009
  • 1/1 renewals 'mixed' for Paris Re
    Swizerland-based Paris Re's hopes for hiked reinsurance prices at the key 1/1 renewals were not fully realised with "meaningful increases”"only apparent in classes affected by losses, as loss free programs were...
    18 February 2009
  • IPCRe posts strong ’08 operating performance
    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.
    18 February 2009
  • Flagstone investment slump sends it to 2008 loss
    Bermudian-headquartered Flagstone Re has become the latest casualty of heavy investment losses as it slumped to fourth quarter and full year net losses.
    17 February 2009
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