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There are 68,935 results that match your search.68,935 results
  • European insurers 'extremely stretched'
    European insurers' pure solvency ratios are "extremely stretched" and 2009 will be an acutely difficult year for some of Europe's largest market participants, particularly in the life sector...
    26 January 2009
  • Madoff: 'straw that breaks the camel's back'?
    Adding the Madoff scandal to the list of litigation-spawning incidents which have caused a myriad of unprecedented dislocations in the financial system could be "the straw that breaks the camel’s back" for the professional and managerial indemnity markets
    26 January 2009
  • Catlin FY loss predicted, possible fundraising
    Bermuda-headquartered Lloyd's (re)insurer Catlin is predicted to swing to a full-year loss for 2008, and may need a capital infusion, according to Numis Securities.
    26 January 2009
  • JP Morgan repays Brit with downgrade
    Brit Insurance Company appointed JP Morgan Cazenove to become its co-adviser and was rewarded with a downgrade two days later by the firm’s parent company, JP Morgan.
    26 January 2009
  • Swiss Re hit by fresh write-down concerns; insurance stocks slide
    Swiss Re led the slide in European insurance stocks on Friday (23 January) as its share price fell more than 20 percent amid concerns that it is set for a further round of heavy write-downs and may need to raise capital when it reports its fourth quarter
    26 January 2009
  • People Moves
    AIG appoints new chief investment officer; managerial restructuring...
    26 January 2009
  • Hiscox sees US peak zone rate increases of up to 25 percent
    Hiscox Ltd, the UK quoted (re)insurance group, has joined a growing number of (re)insurers reporting hardening US catastrophe rates in the key January renewals season.
    26 January 2009
  • Merrill Lynch to pay $550mn sub-prime settlements, new suits filed
    Investment bank Merrill Lynch has agreed to pay out $475mn and $75mn to settle two class action lawsuits filed against it in relation to its sub-prime related losses.
    26 January 2009
  • Hannover Re exec linked with Swiss Re reshuffle
    Outgoing Hannover Re and E+S Rück CFO Elke König has been tipped for a role at giant reinsurer Swiss Re, according to sources.
    26 January 2009
  • Japanese non-life trio confirm merger plans
    Aioi Insurance, Mitsui Sumitomo (MSI), and Nissay Dowa confirmed plans to merge by April 2010, creating Japan's largest non-life insurer with a combined market value of approximately ¥1.4tn ($11bn).
    26 January 2009
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