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There are 68,963 results that match your search.68,963 results
  • Carvill restructures with ‘material’ job losses
    Independent reinsurance broker RK Carvill is separating its underwriting and broking businesses in a corporate restructure that will result in “material” redundancies, The Insurance Insider can reveal.
    04 November 2008
  • Flagstone upbeat despite hefty 3Q loss
    Flagstone Reinsurance Holdings Limited has revealed a Q3 2008 net loss of $186.5mn, compared to net income of $66.2mn for the same quarter a year earlier as investment and catastrophe losses weighed heavily.
    04 November 2008
  • Swiss Re falls to Q3 loss
    Swiss Re has become the latest reinsurer to slump to a third quarter deficit, as it booked a SFr304mn net loss for the period, driven by a SFr614mn operating loss in its life and health business.
    04 November 2008
  • Embedding ERM a 'significant' challenge
    A survey by Towers Perrin has found that the process of integrating Enterprise Risk Management (ERM) into businesses is proving challenging, with significant work still required to utilise economic capital (EC) in decision making.
    03 November 2008
  • Advent optimistic despite volatile 2008
    Lloyd's (re)insurer Advent Capital Holdings plc is optimistic about prospects for 2009 after a volatile first three quarters that have seen it just about break even for the year to 30 September 2008.
    03 November 2008
  • OdysseyRe profits up on realised gains
    Fairfax subsidiary OdysseyRe has posted a third quarter net income of $121.5mn, up $9.4mn on the same point last year, as it became one of the few companies in the sector to benefit from net realised gains.
    03 November 2008
  • CNA shares rally as parent injects cash
    Shares in CNA Financial rallied at the end of last week to claw back most of the 33 percent in value lost last Monday (27 October) after parent Loews Corp said it would pump up to $1.25bn into the US insurer following its $331mn third quarter net loss.
    03 November 2008
  • Lexington in buy-out talks as AIG pressure mounts
    Senior executives at American International Group (AIG) subsidiary Lexington Insurance Company are in talks with a number of private equity firms over a possible management led buy-out of the leading US surplus lines insurer from its parent, The Insurance
    03 November 2008
  • Founder Thompson steps down from THB
    London market broker THB Group's long-standing chairman and founder Vic Thompson is to retire from the company on 30 April.
    03 November 2008
  • Zurich estimates $600mn Gustav/Ike loss
    Zurich Financial Services Group (ZFS) last week 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.
    03 November 2008
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