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There are 68,963 results that match your search.68,963 results
  • Charman 'shed no tears' for AIG as AXIS poised to benefit
    John Charman, the outspoken CEO of Bermudian based (re)insurer AXIS Capital Holdings, was unambiguous about the beneficial outcome he predicts will arise from troubled US insurance giant AIG’s unfolding condition as he addressed analysts last week.
    03 November 2008
  • Aon shares surge on better-than-expected results
    Shares in Aon Corporation surged 11 percent Friday (31 October) after the broking giant posted better-than-expected third quarter profit from continuing operations, which rose 33 percent to 69 cents per share, and revenue 6 percent higher at $1.85bn.
    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
  • Hartford shares slump 35 percent over capital fears
    Shares in Hartford Financial Services Group have slumped more than 35 percent in early trading today after the US insurer booked a $2.6bn Q3 loss, lowered its full-year forecasts, and failed to reassure analysts over its capital position.
    30 October 2008
  • Unsettled Rock resigns from Ironshore
    Ironshire Insurance Ltd president and chief underwriting officer Les Rock has resigned from the Bermudian insurer for “personal reasons”.
    30 October 2008
  • Zurich estimates $600mn Gustav/Ike loss
    Zurich Financial Services Group (ZFS) has 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.
    29 October 2008
  • Advent 'in good shape' despite volatile 2008
    Lloyd’s (re)insurer Advent Capital Holdings plc is on course to end the year in the black after a volatile first three quarters that have seen it just about break even for the year to 30 September 2008.
    29 October 2008
  • FSA prepare for crisis in UK insurance sector
    UK regulator the Financial Services Authority (FSA) is assembling a crisis team of advisers amid fears that the insurance sector is the next to be engulfed by the financial storm that has brought the banking sector to its knees.
    29 October 2008
  • RenRe slumps to $231mn net loss
    RenaissanceRe slumped to a $231mn net loss for the third quarter as it was hit by the double impact of net realized investment losses and hurricanes Gustav and Ike.
    29 October 2008
  • ACE Q3 profit slumps as CEO signals end of soft market
    Newly Swiss-domiciled (re)insurer ACE Ltd has avoided the third quarter net losses posted by a number of its peers, but nevertheless saw its net income decimated by net realised investment losses and catastrophes as it plummeted 92 percent to $54mn.
    29 October 2008
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