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There are 69,298 results that match your search.69,298 results
  • Omega to raise £130mn on improved market conditions
    Omega Insurance Holdings Ltd has become the first quoted Lloyd’s (re)insurer to unveil plans to raise capital to take advantage of the sector’s improved trading prospects.
    08 December 2008
  • UK Treasury convenes insurance industry working group
    UK finance ministry, Her Majesty’s Treasury (HMT) has convened a working group of ten top insurance executives to consider key issues facing the issue in the next 10-30 years and shape developments in the market, The Insurance Insider has learned.
    05 December 2008
  • PCS updates Ike cost to $11bn
    Property Claim Services (PCS) has raised its estimate for onshore insured losses from Hurricane Ike by just over 30 percent to $10.655bn.
    05 December 2008
  • Lloyd’s insurers facing new capital demands as sterling plummets
    Lloyd’s insurers writing US business face the challenge of finding additional capital in the New Year to support 2009 underwriting as a result of the dramatic swing in the $/£ exchange rate – even in the absence of expected hardening of rates.
    05 December 2008
  • Hiscox in search for Bermuda CEO as Forness departs
    Lloyd’s (re)insurer Hiscox has parted company with Robert Forness, the CEO-elect of its Bermuda subsidiary, The Insurance Insider has learned.
    03 December 2008
  • Hiscox builds out US platform; scales back Bermuda
    Hiscox Ltd, the UK quoted (re)insurance group, is building out its US operations with “10 key appointments” and plans to open four new offices in Lexington, Kansas City, Miami and Los Angeles next year.
    03 December 2008
  • Swiss Re out of RBSI talks
    Swiss Re has withdrawn from negotiations with private equity firm CVC Capital Partners over its proposed purchase of Royal Bank of Scotland's (RBS) insurance assets, The Insurance Insider can reveal.
    03 December 2008
  • AIG launches government-backed toxic CDO vehicle; Prudential bid link
    American International Group (AIG) has moved onto the next phase of its revamped US government bail-out with the launch of a vehicle to take on multi-sector collateralised debt obligations (CDOs) underlying...
    03 December 2008
  • Solvency II directive approved minus key component
    The European Union Council of Economic and Finance Ministers (ECOFIN) has approved a Solvency II directive in which all reference to group support and group supervision has been cut...
    02 December 2008
  • SCOR applies for Russian subsidiary license
    French-headquartered reinsurer SCOR has deposited an application request for a composite subsidiary in Russia; a move which cements its life and non-life presence in the region.
    01 December 2008
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