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There are 68,940 results that match your search.68,940 results
  • 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
  • Japanese new star set to rise?
    Three Japanese non-life insurers Aioi Insurance, Mitsui Sumitomo, and Nissay Dowa are in talks to create Japan’s largest non-life insurer, according to a report from Bloomberg citing two sources close to the situation.
    05 January 2009
  • Starr's Bermudian reinsurer gains A rating
    Bermudian reinsurer Starr Insurance & Reinsurance Ltd (SIRL), a subsidiary of Starr International Company, Inc has been assigned a stable financial strength rating of A by AM Best.
    05 January 2009
  • Asia Capital in Hong Kong expansion
    Singapore-based reinsurer Asia Capital Reinsurance Group received approval last month to open a branch office in Hong Kong as a spearhead to its expansion into the northeast Asia markets.
    05 January 2009
  • Hartford affirmed, but negative outlook remains
    The Hartford Financial Services Group has had the A+ financial strength ratings of its subsidiaries removed from review with negative implications and affirmed by AM Best, albeit with a negative outlook.
    05 January 2009
  • Latest AIG CDO buy-up brings total to $62.1bn
    American International Group (AIG) and the Federal Reserve Bank of New York (FRBNY) have bought an additional $16bn of multi-sector collateralised debt obligations...
    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
  • Mission liquidation yields additional $121mn
    The liquidated estate of US workers' compensation insurers Mission Insurance Companies yielded a further $121mn for policyholders, bringing the total amount distributed to approximately $1.5bn.
    05 January 2009
  • 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
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