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There are 68,939 results that match your search.68,939 results
  • Enstar completes $341mn Unionamerica acquisition
    Bermudian run-off acquisitions firm Enstar Group completed its $341.3mn acquisition of Travelers’ UK-based unit Unionamerica Holdings Ltd at the end of December.
    05 January 2009
  • WR Berkley completes Irish move
    Expansive insurer WR Berkley Insurance (Europe), Limited (WRB Europe) has announced that it has completed the acquisition of Irish Professional Risks Ltd, to form WR Berkley Insurance Ireland.
    05 January 2009
  • 2008 nat cats cost $200bn
    2008 was the third worst-year on record for economic losses from natural catastrophes (nat cat), according to Munich Re.
    05 January 2009
  • AIG 'bleeding people and business'
    Former American International Group (AIG) CEO Hank Greenberg, described the firm as "Bleeding people and business" in a television interview last month.
    05 January 2009
  • AIG to list AIA in Hong Kong; suitors circle for other Asia assets
    Troubled insurance giant American International Group (AIG) intends to merge two units of its major Asian life insurance entity American International Assurance Co Ltd (AIA) and list the restructured company in Hong Kong, according to reports.
    05 January 2009
  • Congress probes SEC Madoff failings
    The US Congress will today (5 January) hold a hearing to investigate how US financial regulator the Securities and Exchange Commission (SEC) failed to prevent the alleged $50bn fraud by Wall Street trader Bernard Madoff...
    05 January 2009
  • US (re)insurers' income plummets by 85 percent
    US property & casualty (P&C) (re)insurers saw net income for the first three quarters of 2008 fall by 85 percent to $7.3bn, with an underwriting loss of $10.9bn, according to a report by rating agency AM Best.
    05 January 2009
  • R&Q buys Bermuda captive manager
    Randall & Quilter (R&Q), the UK listed run-off acquisition and management firm, has continued its strategy of acquiring service companies with a deal to pay up to $6.9mn to acquire the Bermuda-based Quest Management Services Ltd.
    05 January 2009
  • XL Capital 'diminished'
    XL Capital's competitive position has "diminished" because of the enervating effect of the earnings and capital charges that have overshadowed the Bermudian (re)insurer in the past few years, according to ratings agency Standard & Poor's (S&P).
    05 January 2009
  • Lehman cat bonds affirmed, but funds still 'vulnerable'
    Ratings agency Standard & Poor's (S&P) affirmed its junk ratings on three catastrophe bonds affected by the collapse of Lehman brothers after their total return swaps were terminated...
    05 January 2009
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