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There are 68,935 results that match your search.68,935 results
  • Ike losses continue to escalate
    Bermudian (re)insurer Validus Holdings Ltd joined the crowd of underwriters increasing their loss estimates from Hurricane Ike as the harsh impact of the September 2008 storm continues to mount.
    26 January 2009
  • 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
  • Icelandic banks face £360mn lawsuits
    Creditors of collapsed Icelandic banks have brought legal actions in the UK High Court totalling £360mn to date.
    26 January 2009
  • Swiss Re shares slump 43 percent on week
    Swiss Re has led the slide in European insurance stocks today as its share price fell more than 20 percent amid concerns that it is set for a further round of heavy writedowns when it reports its fourth quarter 2008 figures next month.
    23 January 2009
  • Chaucer confirms capital raising plans
    Lloyd’s insurer Chaucer Holdings plc, has confirmed that it is looking to raise additional capital.
    23 January 2009
  • Hannover Re buys $1.2bn US life book from Scottish Re
    Hannover Re has agreed to buy a book of US life reinsurance business from Scottish Re with estimated premium volume of $1.2bn in what it described as a “transformational step” for its global life unit.
    23 January 2009
  • Gallagher buys Lib Mut book for up to $120mn
    Acquisitive US broker Arthur J Gallagher is to take over the policy renewal rights from Liberty Mutual's middle-market commercial property/casualty business located in the Midwest and Southeast regions in a deal potentially worth $120mn.
    22 January 2009
  • Ironshore launches new US unit with more AIG hires
    Ironshore Inc has continued its raid on American International Group (AIG) with the appointment of a trio of executives to man a newly created US property/casualty operation.
    22 January 2009
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