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There are 68,813 results that match your search.68,813 results
  • RMS almost doubles Ike loss range to $13bn-$21bn
    Modeling firm Risk Management Solutions (RMS) has almost doubled its initial estimate for industry losses from Hurricane Ike to a range of $13bn to $21bn – making it the third most expensive US hurricane in history.
    24 October 2008
  • Willis shares slide on 2009/10 profit outlook
    Willis Group shares were trading down heavily after the broking giant reported third quarter profits below analysts’ expectations and said it was reviewing profit targets for 2009 and 2010 because of the financial turmoil.
    23 October 2008
  • Holt steps down as Amlin underwriting chief
    Lloyd’s insurer Amlin plc has revealed its star head of underwriting Tony Holt will stand down from executive responsibilities at the end of year, taking a non-exec board position.
    23 October 2008
  • Transatlantic posts $107.5mn Q3 net loss
    Up-for-sale Transatlantic Holdings Inc has become the latest (re)insurer to post a net loss for the third quarter as the combination of financial market turmoil and catastrophe losses weighs heavy on the sector.
    23 October 2008
  • Class action filed against AIG debt underwriters
    Securities law firm Klayman & Toskes has filed a class action against a list of prominent investment banks alleging that they failed to identify “misstatements and omissions” in an American International Group prospectus for a debt issue they were underwr
    23 October 2008
  • Rutter leaves Lockton International
    Former Independent Insurance executive Keith Rutter has left (re)insurance broker Lockton International for US insurer AmTrust.
    22 October 2008
  • Platinum posts higher than expected Q3 losses
    Bermudian (re)insurer Platinum Underwriters Holdings Ltd reported a Q3 net loss of $45.3mn, compared to $91.3mn for the same point in 2007.
    22 October 2008
  • Travelers Q3 income plummets; posts $208mn underwriting loss
    US (re)insurer Travelers’ net income for the third quarter plummeted to $214mn compared to $1,198bn in the same period last year. Overall, underwriting losses were $208mn for the quarter compared to an underwriting profit of $520mn in the previous year.
    22 October 2008
  • Fitch puts XL on watch negative over capital concerns
    Fitch Ratings has put XL Capital on Rating Watch Negative on concerns over the (re)insurer’s capital position following its announcement of heavy investment losses.
    22 October 2008
  • Platinum Q3 results consistent with previously announced estimates
    Bermuda registered reinsurer Platinum Underwriters Holdings Ltd reported a Q3 net loss of $45.3mn, in line with the company's expected ultimate loss estimates of $120mn as a result of hurricanes Gustav and Ike...
    22 October 2008
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