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There are 68,940 results that match your search.68,940 results
  • S&P affirms Lehman cat bonds, but funds still “vulnerable”
    Ratings agency Standard & Poor's (S&P) has affirmed its junk ratings on three catastrophe bonds affected by the collapse of Lehman brothers after their total return swaps were terminated and the three bonds met their scheduled 15 December interest payment
    24 December 2008
  • AIG to list AIA in Hong Kong; suitors circle for other Asia assets
    Troubled insurer 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.
    23 December 2008
  • Tyser acquires Carvill broking team
    Independent Lloyd's broker Tyser & Co has acquired a specialist treaty reinsurance broking team from RK Carvill & Co, the long-established reinsurance broker which announced it was closing down its operations earlier this month.
    22 December 2008
  • White Mountains Re management reshuffle
    Bermuda-domiciled While Mountains' reinsurance arm, White Mountains Re, has announced the retirement of CFO Chuck Chokel and a subsequent management reshuffle.
    22 December 2008
  • SCOR gains new Asian Life licences
    French-headquartered reinsurer SCOR has been granted a Takaful reinsurance licence and a conventional reinsurance licence for its SCOR Global Life branch on the Malaysian offshore domicile of Labuan.
    22 December 2008
  • European defaults to soar in '09, but insurers well placed, says S&P
    Ratings agency Standard & Poor's (S&P) has warned of soaring European corporate defaults in 2009 as the financial services sector heads for a sombre year.
    22 December 2008
  • CII scraps down under merger plans
    The UK's 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 A$1.5mn came to light.
    22 December 2008
  • AXA cuts 200 US jobs
    AXA Group's US subsidiary, AXA Equitable Life Insurance Co, has cut around 200 jobs, the equivalent of four percent of its US workforce, as it feels the strain of troubled global equity markets on its securities-based retirement products.
    22 December 2008
  • CEA opposes 'discriminatory' US tax proposals
    European (re)insurance trade body CEA has outlined its opposition to proposals to changes in US tax law in a letter to the US Senate Finance Committee and the Committee on Ways and Means for the US House of Representatives.
    22 December 2008
  • XL shares rally briefly on Buffett rumours
    Shares in troubled Bermudian (re)insurer XL Capital Ltd rallied almost 30 percent last week on the back of rumours that Warren Buffett-owned Berkshire Hathaway was considering a bid for the company.
    22 December 2008
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