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There are 68,936 results that match your search.68,936 results
  • 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
  • International Group P&I reinsurance costs rise again
    Shipowners face a hike in premiums next month after the International Group of P&I Clubs (IG) unveiled general increases on all classes of vessel in its excess of loss reinsurance renewal, as the impact of heavy claims in 2006 and 2007...
    21 January 2009
  • Validus ups Ike loss estimates by 42 percent to $235.1mn
    Bermudian (re)insurer Validus Holdings Ltd has joined the crowd of underwriters increasing their loss estimates from Hurricane Ike as the harsh impact of the September 2008 storm continues to mount.
    21 January 2009
  • Internal promotions fill Hannover Re top jobs
    Ulrich Wallin has been appointed as the next CEO of Hannover Re and E+S Re to succeed present incumbent Wilhelm Zeller.
    21 January 2009
  • Arch confirms Lloyd's syndicate launch
    Bermuda-based (re)insurer Arch Capital Group has received approval in principle from the Lloyd;s Franchise Board and UK regulator the Financial Services Authority (FSA) to establish a new managing agent and syndicate at Lloyd’s.
    21 January 2009
  • Transatlantic downgraded by S&P
    Ratings agency Standard & Poor’s has downgraded its financial strength ratings on Transatlantic Holdings’ core operating companies from AA- to A+ and lowered its counterparty credit ratings from A- to BBB+.
    21 January 2009
  • Merrill Lynch to pay out $550mn in sub-prime settlements
    Beleaguered bank Merrill Lynch has agreed to pay out $475mn and $75mn respectively to settle two class action lawsuits filed against it in relation to its subprime losses.
    20 January 2009
  • Citadel acquires AJ Gallagher reinsurance run-off business
    US active and run-off specialist Citadel Risk Management has acquired “substantially all” of US broker Arthur J Gallagher’s reinsurance run-off portfolio
    20 January 2009
  • Analyst predicts FY loss, possible fundraising at Catlin
    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 an investment note from Numis Securities.
    20 January 2009
  • Managerial shake-up at Ark
    Start-up Lloyd’s insurer Ark has shaken up its underwriting management team, with effect from January 2009.
    20 January 2009
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