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There are 68,930 results that match your search.68,930 results
  • SFO launches AIG probe
    The Serious Fraud Office (SFO) launched a preliminary inquiry into the UK operations of American International Group's Financial Products Corp (AIGFP) last week
    16 February 2009
  • Like 2008, (re)insurers begin year counting heavy losses
    After 2008's string of natural and man-made catastrophe losses triggered one of the costliest years on record, a succession of disasters including the Australian wildfires, European winter storm Klaus and two plane crashes have started...
    16 February 2009
  • Major brokers well-received despite growth fears
    All three major global broking groups' annual results were well received by investors as the results of tight cost control plans offset negative or patchy growth in the soft market-affected top lines at Aon, MMC and Willis.
    16 February 2009
  • Beazley gets Irish tax status; unveils £150mn rights issue
    Lloyd’s insurer Beazley Group plc is to raise £150mn in its rights issue as it said it is boosting its US presence with the acquisition of an underwriting manager and restructuring its operations with a Jersey holding company...
    16 February 2009
  • Lancashire jumps 6 percent on strong 2008 earnings
    Class of 2005 start-up Lancashire Holdings saw its share price climb 6 percent on the London Stock Exchange after posting better-than-expected full-year 2008 results.
    16 February 2009
  • Greenberg: 'pure nonsense' that some firms too big to manage
    Former AIG chief executive Maurice 'Hank' Greenberg has made a scathing attack on the boardrooms of financial institutions accompanied by a robust defence of his faith in the ability of senior management to set things right if they are of the right calibr
    16 February 2009
  • P&I club ratings pressure grows despite premium hike
    As shipowners prepare to face another expensive protection and indemnity (P&I) renewal this week (20 February), Standard & Poor's has warned of growing pressure on the ratings of International Group (IG) P&I clubs.
    16 February 2009
  • Berkley: 'The best of times, the worst of times'
    Bill Berkley summed up the mood of many (re)insurers reporting Q4 and full-year 2008 figures with the words: "these are the best of times, the worst of times".
    16 February 2009
  • USAIG-led Buffalo loss adds weight to aviation upturn
    The crash of Continental Flight 3407 into a house in Buffalo, New York State last week could add further impetus to harder conditions in the airline insurance market that are expected to continue throughout 2009.
    16 February 2009
  • Greenberg: mark-to-market intensified 'tragedy' of credit crisis
    Maurice 'Hank' Greenberg, chairman and CEO of CV Starr & Co and founder and former CEO of troubled American International Group (AIG) expressed deep criticism of the impact mark-to-market, or fair value, accounting has had on the insurance industry.
    16 February 2009
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