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There are 69,298 results that match your search.69,298 results
  • Dresdner sale still 'on track' as Commerzbank taps bail-out
    A spokesperson for Commerzbank has confirmed to The Insurance Insider that "everything is still on track" in relation to the German bank’s purchase of European insurer Allianz SE’s subsidiary Dresdner Bank.
    03 November 2008
  • Fall of the giants could reshape sector and trigger hard market
    With the prospect of upheaval at the world’s largest reinsurer, Swiss Re – added to the deepening travails of insurance giant American International Group (AIG) and wider investment and underwriting losses – the industry is beginning to acknowledge these
    03 November 2008
  • SCOR launches investment unit
    French reinsurance giant SCOR has announced the establishment of SCOR Global Investments, a new “dedicated investment management company” which will be responsible for managing the group’s global investment portfolio...
    03 November 2008
  • Hardy and Novae weather investment turmoil and hurricanes
    Lloyd’s insurers Hardy Ltd and Novae revealed their estimates of the financial impact of US hurricanes Gustav and Ike on 28 October, as the cost of the storms continues to mount.
    03 November 2008
  • RI3K launches free ACORD messaging service
    Electronic trading platform RI3K has launched a free-to-use ACORD data and documents service. Previously, the platform forwarded its ACORD output through 3rd party solutions, but with RI3K Data Exchange (RDX) it says xml data and documents can be passed
    03 November 2008
  • Willis praises IT partner Sequel
    It's not often that brokers find themselves praising their IT providers but that is exactly what occurred with Willis Group this week.
    03 November 2008
  • Validus hires Hawksby for Talbot energy drive
    Former president of AIG Global Energy Property David Hawksby is set to head a new energy team at Talbot Underwriting, the Lloyd’s operation of Bermudian (re)insurer Validus Holdings, The Insurance Insider can reveal.
    03 November 2008
  • ACE 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.
    03 November 2008
  • Rock set for spell on the sidelines following Ironshore exit
    Les Rock is set for a spell out of the market following last week’s resignation as Ironshore’s founding chief underwriting officer.
    03 November 2008
  • Judge rules former Gen Re/AIG execs cost investors $550-600mn
    Christopher Droney, the federal judge who oversaw the trial of five former General Re and American International Group (AIG) executives, has ruled that their conspiracy led to huge losses for investors.
    03 November 2008
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