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There are 68,813 results that match your search.68,813 results
  • Paris Re ups Ike estimate as offshore loss multiplies
    Swiss-domiciled reinsurer Paris Re has increased its loss estimate for Hurricane Ike to $130mn from an original figure of $75-$95mn reported in late September.
    03 November 2008
  • Lexington in buy-out talks as AIG pressure mounts
    Senior executives at American International Group (AIG) subsidiary Lexington Insurance Company are in talks with a number of private equity firms over a possible management led buy-out of the leading US surplus lines insurer from its parent, The Insurance
    03 November 2008
  • SCOR launches investment unit
    French reinsurance giant SCOR has announced the establishment of SCOR Global Investments, a new “dedicated investment management company” which will be responsible for managing the group’s global investment portfolio...
    03 November 2008
  • Founder Thompson steps down from THB
    London market broker THB Group's long-standing chairman and founder Vic Thompson is to retire from the company on 30 April.
    03 November 2008
  • FSA prepares for crisis in UK insurance sector
    UK regulator the Financial Services Authority (FSA) is assembling a crisis team of advisers amid fears that the insurance sector is the next to be engulfed by the financial storm that has brought the banking sector to its knees.
    03 November 2008
  • Zurich estimates $600mn Gustav/Ike loss
    Zurich Financial Services Group (ZFS) last week joined a growing chorus of (re)insurers to reveal preliminary hurricane loss estimates, with expected claims payments from hurricanes Gustav and Ike amounting to $600mn before tax.
    03 November 2008
  • OdysseyRe profits up on realised gains
    Fairfax subsidiary OdysseyRe has posted a third quarter net income of $121.5mn, up $9.4mn on the same point last year, as it became one of the few companies in the sector to benefit from net realised gains.
    03 November 2008
  • Validus hires Hawksby for Talbot energy drive
    Former president of AIG Global Energy Property David Hawksby is set to head a new energy team at Talbot Underwriting, the Lloyd’s operation of Bermudian (re)insurer Validus Holdings, The Insurance Insider can reveal.
    03 November 2008
  • Aspen and RenRe slide to Q3 losses
    Aspen Insurance and RenaissanceRe became the latest Bermudians to post Q3 net losses hit by heavy hurricane and investment losses.
    03 November 2008
  • CNA shares rally as parent injects cash
    Shares in CNA Financial rallied at the end of last week to claw back most of the 33 percent in value lost last Monday (27 October) after parent Loews Corp said it would pump up to $1.25bn into the US insurer following its $331mn third quarter net loss.
    03 November 2008
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