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There are 68,940 results that match your search.68,940 results
  • Retro crunch as rates leap on capacity shortage
    With reinsurers attention increasingly focussed on protecting precious capital on balance sheets, buyers of retro look like facing some of the tightest market conditions of recent years.
    09 December 2008
  • XL Re Europe required to post collateral to renew business
    Reinsurer XL Re Europe Ltd is facing demands by ceding companies in the London market to post letters of credit to back up underwriting of treaty renewals, The Insurance Insider has learned.
    09 December 2008
  • Kelley leaves Lexington to head up Ironshore
    Kevin Kelley has left his position as president and CEO of American International Group (AIG) subsidiary Lexington Insurance Company to take over as CEO of Ironshore Inc.
    09 December 2008
  • London News Digest
    Flagstone paid £36mn for Marlborough; GAUM leads Airbus A320 loss; Hyperion buys Benfield unit; Xchanging bullish with (re)insurance wins
    09 December 2008
  • Limit v AXA: A 'salutary tale' of two treaties
    A 2007 ruling that Lloyd's Syndicate Limit No 2 misrepresented its policy in two facultative reinsurance contracts with AXA (then Albingia) was overturned by the Court of Appeal on 13 November in a judgment that...
    09 December 2008
  • No more 2008 cat bonds
    Structural issues and confusion over pricing levels have stalled any new catastrophe bond issuance for the remainder of 2008, leaving investors searching the secondary market to deploy excess capital.
    09 December 2008
  • Lloyd's flocks to ILWs as rates leap
    Lloyd's and Bermudian (re)insurers are selling Industry Loss Warranty (ILW) capacity as rates surge on the back of a hardening traditional market and a retro crunch caused by the withdrawal of hedge fund capacity.
    09 December 2008
  • Aspen cat bond exposed to troubled Ballantyne Re
    Aspen Insurance's $100mn 2007 earthquake cat bond Ajax Re, which has been downgraded by both AM Best and S&P on the back of the Lehman Brothers bankruptcy has suffered a further blow after investors...
    09 December 2008
  • Liddy plans further renegotiation
    As American International Group (AIG) continues to move through the phases of last month's revamped rescue package, CEO Ed Liddy said he will reopen negotiations with the US government to improve terms of the deal...
    09 December 2008
  • Airline hardening continues: sector heads for 2008 loss
    Further evidence of the turnaround in market conditions for airline insurance has emerged in December - the busiest month for renewals in the sector - with around two thirds of the 19 programmes renewed so far showing...
    09 December 2008
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