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There are 68,813 results that match your search.68,813 results
  • 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
  • California wildfires to cost up to $800mn
    Catastrophe risk modeling firm AIR Worldwide estimates that total insured losses from the Triangle Complex, Sayre and Tea Fires in Southern California will now likely range between $600mn and $800mn.
    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
  • Rivals wait to feed at Aon Benfield feast
    The £844mn Aon Benfield deal completes this week but that will not stop rival firms circling to see whether they can pick out any attractive morsels from the reinsurance broking giant.
    24 November 2008
  • BMS and CJ Coleman begin poaching trial
    BMS Group began its claims of conspiracy and gross breach of duty against former senior employees, competitor CJ Coleman & Co (CJC) and its CEO David Merry to the UK High Court last week.
    24 November 2008
  • Citigroup rescue calms investors (for now)
    Nervous equity markets were given a dose of Calpol today following news late last night that the US government would inject $20bn into Citigroup to prevent a collapse that would cause global financial chaos.
    24 November 2008
  • Chinese in AIG Alico talks; aircraft leasing sale imminent
    A consortium led by Chinese sovereign wealth fund China Investment Corp, together with Chinese insurers including China Life Insurance Co, is negotiating with American International Group (AIG) to buy up to a 49 percent share of its...
    24 November 2008
  • Dinallo u-turn on CDS regulation
    Eric Dinallo, superintendent of the New York Insurance Department, has pulled plans for the state to regulate credit default swaps (CDS) it considers insurance.
    21 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.
    20 November 2008
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