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There are 69,298 results that match your search.69,298 results
  • US P&C industry slumps to $9.9bn Q3 loss
    The US property & casualty industry slumped to a $9.9bn third quarter net loss driven by underwriting losses and heavy investment write-downs.
    22 December 2008
  • Munich Re in $742mn deal for AIG's Hartford Steam Boiler
    American International Group (AIG) and Munich Re have agreed a deal that will see the German reinsurer buy Hartford Steam Boiler Group (HSB) for $742mn cash in the first significant insurance deal as part of the beleaguered US insurer's asset...
    22 December 2008
  • Chaucer struggles for additional 2009 capacity; Ariel Re linked
    Lloyd's (re)insurer Chaucer Holdings is now seeking capital support in the form of a Qualifying Quota Share (QQS) reinsurance arrangement as it tries to ensure it will not be left behind in the race to take advantage of stronger underwriting conditions...
    22 December 2008
  • Tyser acquires Carvill broking team
    Independent Lloyd's broker Tyser & Co has acquired a specialist treaty reinsurance broking team from RK Carvill & Co, the long-established reinsurance broker which announced it was closing down its operations earlier this month.
    22 December 2008
  • IAG counts cost of UK retreat
    Troubled Australian insurer Insurance Australia Group (IAG) completed a partial withdrawal from the UK personal lines market with the sale of its Equity broking operations to UK High Street broker Swinton...
    22 December 2008
  • 2008 insured cat losses hit $50bn
    Insured catastrophe losses this year are estimated to have hit $50bn, making 2008 the second costliest on record, according to research from Swiss Re.
    22 December 2008
  • AIG completes RMBS sale; settles longstanding lawsuit
    Restructuring continued apace at American International Group (AIG) last week. Ahead of its sale of Hartford Steam Boiler to Munich Re [see story 1] the troubled insurer announced the completion of the sale of $39.3bn face value...
    22 December 2008
  • Swiss Re secures $1.5bn LOC to ease capital fears
    Swiss Re has entered into a $1.5bn long-term letter of credit (LOC) facility with JP Morgan to support its life reinsurance business.
    22 December 2008
  • Swiss Re secures $1.5bn LOC to ease capital fears
    Swiss Re has entered into a $1.5bn long-term letter of credit (LOC) facility with JP Morgan to support its life reinsurance business.
    22 December 2008
  • AIG agrees $742mn sale of Hartford Steam Boiler to Munich Re
    American International Group (AIG) and Munich Re have agreed a deal that will see the German reinsurer buy Hartford Steam Boiler Group (HSB) for $742mn cash in the first significant insurance deal as part of the beleaguered US insurer’s asset sale program
    22 December 2008
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