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There are 68,813 results that match your search.68,813 results
  • Charman 'shed no tears' for AIG as AXIS poised to benefit
    John Charman, the outspoken CEO of Bermudian based (re)insurer AXIS Capital Holdings, was unambiguous about the beneficial outcome he predicts will arise from troubled US insurance giant AIG’s unfolding condition as he addressed analysts last week.
    03 November 2008
  • Rock set for spell on the sidelines following Ironshore exit
    Les Rock is set for a spell out of the market following last week’s resignation as Ironshore’s founding chief underwriting officer.
    03 November 2008
  • Fall of the giants could reshape sector and trigger hard market
    With the prospect of upheaval at the world’s largest reinsurer, Swiss Re – added to the deepening travails of insurance giant American International Group (AIG) and wider investment and underwriting losses – the industry is beginning to acknowledge these
    03 November 2008
  • Hartford shares slump 35 percent over capital fears
    Shares in Hartford Financial Services Group have slumped more than 35 percent in early trading today after the US insurer booked a $2.6bn Q3 loss, lowered its full-year forecasts, and failed to reassure analysts over its capital position.
    30 October 2008
  • Unsettled Rock resigns from Ironshore
    Ironshire Insurance Ltd president and chief underwriting officer Les Rock has resigned from the Bermudian insurer for “personal reasons”.
    30 October 2008
  • Advent 'in good shape' despite volatile 2008
    Lloyd’s (re)insurer Advent Capital Holdings plc is on course to end the year in the black after a volatile first three quarters that have seen it just about break even for the year to 30 September 2008.
    29 October 2008
  • RenRe slumps to $231mn net loss
    RenaissanceRe slumped to a $231mn net loss for the third quarter as it was hit by the double impact of net realized investment losses and hurricanes Gustav and Ike.
    29 October 2008
  • Zurich estimates $600mn Gustav/Ike loss
    Zurich Financial Services Group (ZFS) has 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.
    29 October 2008
  • ACE Q3 profit slumps as CEO signals end of soft market
    Newly Swiss-domiciled (re)insurer ACE Ltd has avoided the third quarter net losses posted by a number of its peers, but nevertheless saw its net income decimated by net realised investment losses and catastrophes as it plummeted 92 percent to $54mn.
    29 October 2008
  • FSA prepare 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.
    29 October 2008
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