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There are 69,298 results that match your search.69,298 results
  • PartnerRe raises Ike estimate to $300mn
    As the market is poised for an updated industry loss estimate for Hurricane Ike from Property Claims Service (PCS) this week, Bermudian reinsurer PartnerRe Ltd has increased its own pre-tax figure to $305mn.
    01 December 2008
  • No more 2008 cat bonds
    Structural issues and confusion over pricing levels have stalled any new catastrophe bond issuance for the remainder of 2008, Trading Risk revealed last week
    01 December 2008
  • ‘Milestone’ Aon Benfield deal completed; up to 700 job cuts expected
    Aon Corporation completed its takeover of Benfield Group on 28 November to establish the world’s largest reinsurance broker under the joint brand Aon Benfield, headed by CEO Andrew Appel and executive chairman Michael O’Halleran.
    01 December 2008
  • Heritage receives green light for Bahrain platform
    London-based captives and mutual manager Heritage has received the green light to establish Heritage Insurance Management (Bahrain) WLL (HIMB) on the Persian Gulf island kingdom Bahrain.
    01 December 2008
  • Credit insurance rates hardening; uninsurable risks on the rise
    Fabrice Desnos, CEO of Credit insurance specialist Euler Hermes UK has told The Insurance Insider that an increasing number of risks “have become uninsurable in the strictest sense” and underwriters are having to be more selective about the risks they wri
    01 December 2008
  • ACE launches Swiss insurance company
    Bermudian (re)insurer ACE Ltd has launched a Swiss-based insurance company, ACE Insurance (Switzerland) Ltd, to write (re)insurance business for ACE Europe’s Zurich branch established in 2003.
    01 December 2008
  • US government injects $40bn equity into AIG
    Troubled insurance giant American International Group announced on 25 November that it had completed a $40bn preferred stock sale to the US Department of Treasury...
    01 December 2008
  • Allianz accelerates Dresdner sale
    Global insurer Allianz announced the acceleration of the sale of its underperforming banking subsidiary Dresdner Bank to Commerzbank so that the latter will buy an additional 40 percent stake in Dresdner with immediate effect, instead of at the end of 200
    01 December 2008
  • BMS settles CJ Coleman poaching dispute
    BMS Group has reached a settlement with former senior employees and rival London market broker CJ Coleman (CJC) over claims of conspiracy and gross breach of duty that were being heard in the UK High Court last month, The Insurance Insider can reveal.
    01 December 2008
  • Aon forms new specialty division to house BCR; Chilton to chair
    Aon Corp has formed a new unit – Aon Specialty – to marry its large global specialty operations with Benfield Corporate Risks (BCR) in the wake of the Chicago-headquartered broking giant's $1.43bn takeover of Benfield Group.
    01 December 2008
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