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There are 68,931 results that match your search.68,931 results
  • Allstate's Willow Re defaults
    Allstate notified investors that its $250mn Willow Re cat bond defaulted on its scheduled interest payment on 2 February, as it fell victim to the credit risk that seeped into the sector in September last year.
    04 February 2009
  • Legal news
    Mayer Brown hires new (re)insurance heads; Credit crunch hits Cadwalader earnings; Willis sues five former brokers
    04 February 2009
  • The London 100 barometer: Fair with the odd storm cloud…
    In this issue, we introduce a new, quarterly section to The Insurance Insider: The London 100 barometer. The barometer is our regular pulse-check on the London market and is created from our regular...
    04 February 2009
  • Investment losses wreak havoc in 2008
    Early reporters of fourth quarter and full year 2008 financials could not escape collateral damage from the turmoil in the markets, although there was once again a clear divide between those appearing to...
    04 February 2009
  • Willis Re beats JLT to Carvill big guns
    Speculation over the destination of RK Carvill's senior management and core casualty reinsurance broking team was ended after Willis Re outbid rival JLT Re to secure their services.
    04 February 2009
  • Opposition mounts to Santander's Madoff compensation package
    Spanish bank Santander, which lost as much as EUR3.1bn of client funds as a result of Bernard Madoff's alleged $50bn ponzi scheme, has seen institutional investors file an emergency motion for an injunction...
    04 February 2009
  • TigerRisk recruits RenRe exec
    Cat modeling pioneer Jayant Khadilkar has joined US reinsurance broker TigerRisk as a partner. The move sees him reunited with former RenRe CEO and TigerRisk co-founder Jim Stanard.
    04 February 2009
  • Expansionist Ironshore set for capital raise; builds Lloyd's capacity
    Bermudian (re)insurer Ironshore is rarely out of the headlines these days. In particular, the Cayman Islands-domiciled company, founded by industry patriarch Bob Clements and his son John Clements...
    04 February 2009
  • Setback for AIG asset sale as Transatlantic downgraded
    The efforts of AIG to execute its asset sale received a setback after ratings agency Standard & Poor's downgraded the core operating companies' financial strength ratings of majority-owned reinsurer Transatlantic Holdings from AA- to A+.
    04 February 2009
  • Geithner's protective gloves embrace AIG
    A mood of change is sweeping the US Treasury under the direction of its new Secretary Timothy Geithner which could see a more US-centric approach to the future direction of distressed insurer American International Group (AIG).
    04 February 2009
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