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There are 69,297 results that match your search.69,297 results
  • CNA shares rally as parent injects cash
    Shares in CNA Financial rallied at the end of last week to claw back most of the 33 percent in value lost last Monday (27 October) after parent Loews Corp said it would pump up to $1.25bn into the US insurer following its $331mn third quarter net loss.
    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
  • 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
  • Fairfax continues to profit while others fall
    Looking for a winner amidst the torrid times? Step forward the shy and retiring figure of Prem Watsa, founding chairman of Canadian combine Fairfax Financial Holdings Ltd.
    03 November 2008
  • Charman 'shed no tears' for AIG as AXIS poised to benefit
    John Charman, the outspoken CEO of Bermudian based (re)insurer AXIS Capital Holdings, was unambiguous about the beneficial outcome he predicts will arise from troubled US insurance giant AIG’s unfolding condition as he addressed analysts last week.
    03 November 2008
  • Aon shares surge on better-than-expected results
    Shares in Aon Corporation surged 11 percent Friday (31 October) after the broking giant posted better-than-expected third quarter profit from continuing operations, which rose 33 percent to 69 cents per share, and revenue 6 percent higher at $1.85bn.
    03 November 2008
  • Lexington in buy-out talks as AIG pressure mounts
    Senior executives at American International Group (AIG) subsidiary Lexington Insurance Company are in talks with a number of private equity firms over a possible management led buy-out of the leading US surplus lines insurer from its parent, The Insurance
    03 November 2008
  • Hartford shares slump 35 percent over capital fears
    Shares in Hartford Financial Services Group have slumped more than 35 percent in early trading today after the US insurer booked a $2.6bn Q3 loss, lowered its full-year forecasts, and failed to reassure analysts over its capital position.
    30 October 2008
  • Unsettled Rock resigns from Ironshore
    Ironshire Insurance Ltd president and chief underwriting officer Les Rock has resigned from the Bermudian insurer for “personal reasons”.
    30 October 2008
  • Zurich estimates $600mn Gustav/Ike loss
    Zurich Financial Services Group (ZFS) has joined a growing chorus of (re)insurers to reveal preliminary hurricane loss estimates, with expected claims payments from hurricanes Gustav and Ike amounting to $600mn before tax.
    29 October 2008
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