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There are 68,930 results that match your search.68,930 results
  • New insurance venture capital firm launched
    Venture capital partnership Alpine Risk Services has launched to finance insurance broking, underwriting agency and ancillary insurance firms, committing sums of up to £10mn directly or with investment partners, The Insurance Insider can reveal.
    16 February 2009
  • London's IUA celebrates ten years
    The International Underwriting Association (IUA) today celebrates 10 years since its formation after the merger between the London International Insurance and Reinsurance Market Association (LIRMA) and the Institute of London Underwriters (ILU) in 1999.
    16 February 2009
  • Xchanging to close consulting unit
    Xchanging - the company that runs the London market bureau on behalf of the market - is set to close its wholly-owned consulting operation, Xchanging Insurance Professional Services Ltd (XIPS) The Insurance Insider can reveal.
    16 February 2009
  • Investment the differentiator as underwriting results universally good
    US, Bermudian and Lloyd's (re)insurers reporting fully-year results in the last seven days have posted sparkling underwriting results - but almost all have seen profits battered by poor or negative investment returns for the full-year as the financial crisis took its toll.
    16 February 2009
  • Swiss Reshuffles finally
    After weeks of speculation, Jacques Aigrain resigned as CEO of Swiss Re just days after the troubled reinsurance giant confirmed a hefty full-year 2008 loss and a series of measures to shore up its balance sheet.
    16 February 2009
  • Lime Street insurers continue to squeeze capital markets
    It was a busy week for fundraising on Lime Street as M&A target Chaucer Holdings saw its proposed £75mn net equity placing approved by shareholders (see article 16), while larger rivals Beazley...
    16 February 2009
  • Argo profits dip on Heritage loss and write-downs
    Argo Group's full year 2008 net profit fell 56 percent to $62.9mn as underwriting losses at its international specialty segment, combined with modest investment write-downs and the loss of a flattering extraordinary item relating to the 2007 acquisition of PXRE Group, made their presence felt.
    16 February 2009
  • Chaucer completes £75mn fundraising
    Shareholders of Chaucer Holdings plc - the Lloyd's insurer that is exciting M&A interest - approved the £75mn equity net fundraising designed to plug a hole in its 2009 capital requirements.
    16 February 2009
  • AXIS targets increased market share as profit dips
    AXIS Capital posted a 66.8 percent drop in full-year net income for 2008 to $351mn compared with $1.1bn for 2007, a result which founding CEO and president John Charman said reflected the negative impact of “the extreme volatility of the global financial markets” on the Bermudian’s alternative investment portfolio.
    16 February 2009
  • Australian energy firm receives bushfire class-action suit
    SP AusNet - the Australian energy firm owned by Singapore Power - has been filed with a class-action lawsuit relating to the deadly bushfires that swept across Victoria state earlier this month.
    16 February 2009
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