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There are 68,813 results that match your search.68,813 results
  • Max trims hedge fund allocation; AWAC expects $210mn Q3 investment loss
    Bermudian (re)insurer Max Capital Group Ltd will cut its allocation to alternative investments after being hit by poor results from the portfolio, while compatriot Allied World Assurance Company Holdings (AWAC) said it expects to take $210mn investment lo
    15 October 2008
  • UK government will not sue Northern Rock directors; shareholder claims loom
    The directors of nationalised UK bank Northern Rock will not be sued by its new owner over the collapse of the mortgage lender earlier this year.
    15 October 2008
  • WR Berkley confirms AIG hires
    WR Berkley has confirmed the hire of a financial institutions (FI) team from American International Group, as previously revealed by The Insurance Insider.
    15 October 2008
  • Greenberg details alternative AIG rescue plan
    American International Group's (AIG) rescue deal with the US government will result in its liquidation, according to former chief executive Hank Greenberg.
    15 October 2008
  • Aon agrees $154.7mn auto unit sale
    Broking giant Aon Corporation has agreed a $154.7mn deal to sell off its auto unit AIS Management Group to Mercury Insurance Group, California’s third-largest personal automobile insurer.
    15 October 2008
  • Berkshire Hathaway looks to sell Lloyd's insurer
    Berkshire Hathaway is restructuring its London market operations with a view to selling its Lloyd's insurer Marlborough Underwriting Agency, The Insurance Insider can reveal.
    14 October 2008
  • O’Hara forced to sell XL stock; shares surge on Q3 figures
    XL Capital shares have surged after the company reported an estimated third quarter net loss of $1.65bn to $1.67bn that included a $1.4bn charge in relation to its August transaction to close the majority of liabilities to former bond insurer affiliate Se
    14 October 2008
  • HSBC gains Qatar licence
    London and international broker HSBC Insurance Brokers Ltd. has opened a branch office and received regulatory approval from the QFC Authority to provide insurance broking services to corporate customers within Qatar.
    13 October 2008
  • Buyers 'wary' but brokers remain confident in AIG
    A survey of senior level members of insurance brokerage firms carried out by market data provider Advisen suggests that most brokers are "very confident" or "somewhat confident" in AIG after the $85mn federal bail-out, and only a small percent are advisin
    13 October 2008
  • D&O duo to head Novae liability push
    Janet Edey and Mathew Carr, two underwriters with 35 years experience in D&O between them, have been appointed as joint leaders of Novae's Syndicate 2007 management liability unit.
    13 October 2008
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