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There are 68,813 results that match your search.68,813 results
  • 2008 insured cat losses hit $50bn
    Insured catastrophe losses this year are estimated to have hit $50bn, making 2008 the second costliest on record, according to research from Swiss Re.
    22 December 2008
  • AIG completes RMBS sale; settles longstanding lawsuit
    Restructuring continued apace at American International Group (AIG) last week. Ahead of its sale of Hartford Steam Boiler to Munich Re [see story 1] the troubled insurer announced the completion of the sale of $39.3bn face value...
    22 December 2008
  • Swiss Re secures $1.5bn LOC to ease capital fears
    Swiss Re has entered into a $1.5bn long-term letter of credit (LOC) facility with JP Morgan to support its life reinsurance business.
    22 December 2008
  • Swiss Re secures $1.5bn LOC to ease capital fears
    Swiss Re has entered into a $1.5bn long-term letter of credit (LOC) facility with JP Morgan to support its life reinsurance business.
    22 December 2008
  • AIG agrees $742mn sale of Hartford Steam Boiler to Munich Re
    American International Group (AIG) and Munich Re have agreed a deal that will see the German reinsurer buy Hartford Steam Boiler Group (HSB) for $742mn cash in the first significant insurance deal as part of the beleaguered US insurer’s asset sale program
    22 December 2008
  • CII scraps merger plans
    The Chartered Insurance Institute (CII) has abandoned plans for a merger with the Australian and New Zealand Institute of Insurance and Finance (ANZIF) after previously undisclosed revenue losses of AUS1.5mn came to light, The Insurance Insider understand
    19 December 2008
  • Cat futures market trades $450mn
    The catastrophe futures market has traded more than $440mn of notional volume since its inception in late 2007, cementing it as a valuable tool for trading risk.
    18 December 2008
  • $115mn AIG lawsuit settlement approved
    A $115mn settlement has been given final approval in a lawsuit brought by the Teachers Retirement System of Louisiana against four former AIG chief executives and CV Starr & Co.
    18 December 2008
  • 2008 insured cat losses hit $50bn
    Insured catastrophe losses this year are estimated to have hit $50bn, making 2008 the second costliest on record, according to research from Swiss Re.
    18 December 2008
  • Citadel forced to continue reinsurance exit
    The acquisition of New Castle Re renewal rights by start-up Torus Insurance Holdings (Bermuda) Ltd signals the continued withdrawal of Citadel Investment Group from the Bermudian reinsurance market as it faces increasing cash pressures in its managed hedg
    18 December 2008
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