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There are 68,813 results that match your search.68,813 results
  • Western governments continue financial bail-outs
    Western governments have continued their rescue of financial institutions with the EUR11.2bn bail-out of Benelux banking and insurance giant Fortis yesterday and confirmation of the nationalisation of UK mortgage lender Bradford & Bingley (B&B).
    29 September 2008
  • Validus in Transatlantic Re talks
    Validus Holdings Ltd is in talks to buy Transatlantic Re from distressed insurance giant American International Group (AIG), The Insurance Insider understands.
    29 September 2008
  • New bill refuels US tax debate
    Both sides in the US taxation debate were quick to respond last week to proposed legislation aimed at levelling the playing field between foreign-owned and domestic carriers writing business in the world's biggest insurance market.
    29 September 2008
  • Ike loss likely to be over $10bn
    Property Claims Services (PCS) is due to publish an initial loss estimate for Hurricane Ike's onshore damage later this week - and the evidence is increasingly pointing to a $10bn+ loss.
    29 September 2008
  • AIG draws $28bn on Fed loan
    American International Group Inc (AIG) drew down $28bn from the $85bn US government bail-out loan facility before it announced it had signed the agreement last week.
    29 September 2008
  • Governments continue financial bail-outs
    Western governments are continuing their rescue of financial institutions with the EUR11.2bn bail-out of Benelux banking and insurance giant Fortis yesterday and confirmation of the nationalisation of UK mortgage lender Bradford & Bingley (B&B).
    29 September 2008
  • Lexington buys contingent cover from Berkshire Hathaway
    American International Group Inc (AIG) subsidiary Lexington Insurance Company moved to reassure nervous policyholders and brokers last week by announcing on 26 September that it had arranged contingent property reinsurance cover from Berkshire Hathaway, i
    29 September 2008
  • Greenberg sells down AIG stock; fears grow over Wall Street rescue
    Hank Greenberg, the former American International Group (AIG) chief executive, sold 40 million shares in the fallen insurer, netting around $126mn this week.
    26 September 2008
  • Solvency II compliance for internal capital models, urges FSA
    The UK Financial Services Authority has urged the (re)insurance industry to obtain regulatory approval if firms want to use their own in-house models to assess capital adequacy ahead of the implementation of the 2012 Solvency II directive.
    25 September 2008
  • Buffett invests $5bn in Goldman Sachs
    Just days after Goldman Sachs announced it was to change its regulated status, Warren Buffett's Berkshire Hathaway confirmed it will invest $5bn in the iconic investment bank.
    25 September 2008
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