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There are 68,813 results that match your search.68,813 results
  • International News Digest
    Hartford shares leap; Expansive QBE raises $1.4bn; AIG’s Liddy to earn $1; California wildfires to cost up to $800mn; P&C rates fall 9 percent in November
    09 December 2008
  • Aspen not liable for tunnel fire; notification wordings emphasised
    In a pro-industry decision, the English High Court ruled on 18 November that London market insurers led by Aspen Insurance UK were entitled to decline liability from a fire because of the policy's notification wordings.
    09 December 2008
  • Emerson sidecar 'unaffected' as CIG Re stubbed out
    Ratings on the $500mn Emerson Re sidecar - backed by hedge fund Citadel Investment Group - were "unaffected" by the firm’s decision to stop writing new business through collateralised reinsurer CIG Re.
    09 December 2008
  • PCS Ike estimate still at odds with industry
    Property Claim Services (PCS) raised its estimate for onshore insured losses from Hurricane Ike by just over 30 percent to $10.655bn, but the figure continues to conflict with loss projections from within the industry.
    09 December 2008
  • Airline hardening continues: sector heads for 2008 loss
    Further evidence of the turnaround in market conditions for airline insurance has emerged in December - the busiest month for renewals in the sector - with around two thirds of the 19 programmes renewed so far showing...
    09 December 2008
  • Solvency II flounders
    The approval of a Solvency II (SII) directive by the European Union Council of Economic and Finance Ministers (ECOFIN) that excluded all reference to group support and group supervision was widely criticised...
    09 December 2008
  • Aspen leads $175mn Lehman Brothers Japanese loan fraud cover
    Aspen Insurance leads the primary layer cover for Lehman Brothers on the bankers' blanket bond policy that could cost the troubled financial institutions market $175mn.
    09 December 2008
  • Retro crunch as rates leap on capacity shortage
    With reinsurers attention increasingly focussed on protecting precious capital on balance sheets, buyers of retro look like facing some of the tightest market conditions of recent years.
    09 December 2008
  • Aon to back Stone Point PE wholesale aggregator launch
    Aon Corp is poised to invest in Sharebridge Holdings, the soon-to-be launched vehicle that aims to funnel the vast insurance spend of companies controlled by the private equity industry, The Insurance Insider can reveal.
    09 December 2008
  • Cash becomes king
    The events of the last months have served as a harsh reminder of the old adage that when times get hard, nothing counts more than cash in the bank.
    09 December 2008
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