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There are 68,951 results that match your search.68,951 results
  • Transatlantic chief: AIG re-finance takes urgency out of asset sales
    Transatlantic Re’s President Robert Orlich welcomed American International Group’s (AIG) revised loan terms with the Federal Reserve as giving the insurance giant “more time to ensure that the right decisions are made...
    17 November 2008
  • Lloyd's syndicate in run-off as suitors wane
    Troubled Australian insurance group IAG has confirmed it is placing its Singapore-based Lloyd's Syndicate 4455 into run-off and will also close its London-based Lloyd's managing agent Diagonal.
    17 November 2008
  • MMC in Kroll double spin-off
    Marsh & McLennan (MMC) has spun off its London-based restructuring and European corporate advisory business in two management buy-outs (MBOs) in a move which will see the majority of Kroll’s team join Zolfo Cooper Europe.
    17 November 2008
  • JLT cautious on market turn
    UK-listed broker Jardine Lloyd Thompson Group plc (JLT) went against the grain of bullish Lloyd’s-based (re)insurers predicting a definitive turn in the market (see articles 2 and 12), stating it has not yet...
    17 November 2008
  • Zurich Q3 profits plummets; suspends share buyback
    Zurich Financial Services Group (ZFS) Q3 profits slumped 90 percent as heavy investment losses combined with the impact of hurricanes Gustav and Ike pounded the bottom line.
    17 November 2008
  • California wildfires threaten further heavy catastrophe losses
    (Re)insurers face the possibility of significant losses from three separate wildfires that have already destroyed hundreds of properties in southern California.
    17 November 2008
  • Xchanging bullish with (re)insurance wins
    Outsourcing specialist Xchanging has said that revenue growth during the four months ending 31 October has been "slightly ahead" of the board's expectations in a bullish interim management.
    17 November 2008
  • WR Berkley swoops for Norwegian insurer
    Expansive US insurer WR Berkley is set to buy NEMI Forsikring ASA after signing a letter of intent to acquire the Norway-based speciality lines insurer.
    17 November 2008
  • S&P warns on Bermuda; start-up returns questioned
    Bermudian (re)insurers are left with a "limited margin for error" following a period that has seen catastrophe losses erode underwriting profits and investment returns plummet, according to ratings agency Standard & Poor’s (S&P).
    17 November 2008
  • Dire Q3 season draws to a close: winners and losers
    As the dust settles on what has been a broadly miserable set of third quarter results for (re)insurers, few have emerged unscathed – despite bullish statements from management over 2009 prospects.
    17 November 2008
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