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There are 68,813 results that match your search.68,813 results
  • Yamato Life Insurance falls as global crisis hits Asia
    The global stock market crash has caused Yamato Life insurance, Japan's nearly century old insurer, to file for bankruptcy last week with Yen 269.5bn ($2.7bn) of liabilities.
    13 October 2008
  • Torus confirms Tobin as CEO
    Start-up energy specialist insurer Torus Insurance Holdings Ltd has confirmed the appointment of Clive Tobin as the Group's CEO, effective 1 January 2009, as revealed by The Insurance Insider in June.
    13 October 2008
  • Congress slams AIG
    A US congressional committee criticised former AIG executives last week during a hearing to examine the regulatory mistakes and financial excesses that led to the $85bn September bailout of the insurance giant.
    13 October 2008
  • UK brokers schism due to commissions
    A fundamental disagreement over the issue of mandatory commission disclosure lies at the heart of last week's decision by the London Market Insurance Brokers' Committee (LMBC) to break away from the British Insurance Brokers' Association (BIBA) and form a
    13 October 2008
  • Swiss Re and XL bounce after heavy falls on investment fears
    Shares in Swiss Re and XL Capital rebounded today after a week when the legacy of expansion out of traditional (re)insurance into areas worst impacted by the credit crisis decimated shareholdings in the companies.
    13 October 2008
  • Captives industry set to weather financial storm
    Speakers at the Isle of Man Captive Conference last week (10 October) expressed cautious optimism about the future of captives in the face of the current financial turmoil.
    13 October 2008
  • Four cat bonds downgraded to junk status
    Ratings agency Standard & Poor's (S&P) has downgraded four cat bonds guaranteed by failed investment bank Lehman Brothers, signalling further contagion of the financial sector crisis in the insurance linked securities (ILS) market.
    13 October 2008
  • AIG borrowing hits $70.3bn, Govt trustees to be appointed
    Embattled US insurer American International Group (AIG) has borrowed $70.3bn on loans from the US government in the three weeks since its initial $85bn bail-out, according to reports.
    13 October 2008
  • Latest Ike estimates point to higher industry loss
    The latest reported Hurricane Ike loss estimates have revealed continued industry pessimism about the eventual bill to be paid from the September storms.
    13 October 2008
  • WR Berkley hires AIG FI execs
    WR Berkley has hired an American International Group (AIG) financial institutions duo, The Insurance Insider understands.
    13 October 2008
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