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There are 68,813 results that match your search.68,813 results
  • Solvency II struggle continues with removal of key component
    All reference to group support and group supervision has been cut from the text of the draft Solvency II Framework Directive to be submitted for approval by the European Union Council of Economic and Finance Ministers (EUCEFM) on 2 December.
    24 November 2008
  • PRO becomes Lloyd’s run-off broker
    Run-off provider PRO Insurance Solutions has become an accredited Lloyd’s run-off broker, gaining full access to the London market accounting and settlement systems.
    24 November 2008
  • AWAC to draw down $250mn
    Bermudian (re)insurer Allied World Assurance Company Holdings Ltd (AWAC) plans to borrow $250mn from a $400mn revolving credit facility.
    24 November 2008
  • Ratings agencies target of Senate investigation
    The US government has launched an investigation into ratings agency culpability for the global financial crisis by artificially boosting credit default swap (CDS) ratings.
    24 November 2008
  • Flagstone appoints new CFO
    Bermudian-headquartered reinsurer Flagstone Holdings Ltd has appointed Patrick Boisvert as Chief Financial Officer (CFO) following a restructuring of the group's Swiss division and main operating company, Flagstone Reassurance Suisse SA, where Boisvert co
    24 November 2008
  • Cayman's Paloma loss falls within deductible
    The Caribbean Catastrophe Risk Insurance Facility (CCRIF) – the multi-country catastrophe risk pool backed by the World Bank has confirmed that November's Hurricane Paloma will not trigger a payout to the Cayman islands.
    24 November 2008
  • Amlin predicts 'strong' reinsurance rate rises
    Amlin plc has predicted a strong rise in reinsurance rating levels as insurers look to retain less of their exposures, reversing the trend of recent years.
    24 November 2008
  • UK asbestos ruling closes industry get-out clause
    While the UK's Association of British Insurers (ABI) welcomed a High Court decision on 21 November which clarified the policy trigger for mesothelioma claims, the judgment has also closed the window for insurers to dispute coverage under employers' liabil
    24 November 2008
  • ACE reassures market on annuity exposures; new CRO
    Bermudian (re)insurer ACE Limited reassured the market on its variable annuity reinsurance exposures last week, as the firm’s share price plummeted 25 percent to close at $37.97 on 20 November.
    24 November 2008
  • Canadian class action targets AIG's $200mn D&O cover
    A Canadian law firm has filed a C$550mn class action lawsuit against American International Group (AIG), AIG Financial Products Corp (AIGFP) and various directors and officers, alleging that the firm caused massive losses to Canadian investors.
    24 November 2008
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