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There are 67,486 results that match your search.67,486 results
  • Ace cat hit estimate for 2011 $370mn
    Global specialty insurer Ace has revealed a threefold increase in pre-tax catastrophe losses for 2010 to more than $400mn, along with guidance that this figure for 2011 already stands at $370mn.
    07 February 2011
  • Central Fund levy forecast to fall in 2008
    Lloyd's Central Fund contributions and subscriptions charges will be held steady for 2007, but the Society believes it will be in a position to cut the Central Fund levy for 2008 - a year ahead of original forecasts.
    17 July 2006
  • Platinum almost doubles profits
    On 4 August Platinum Underwriters said net profits for the second quarter of 2004 had reached $49.8mn, or $1.01 per share, against $26.6mn, or 57 cents per share for the second quarter of 2003.
    09 August 2004
  • Munich Re reduces risk appetite after credit losses
    Munich Re has withdrawn from writing most structured trade credit reinsurance and reduced its appetite for all credit risks after the recession drove this part of its business to EUR510mn losses in 2009.
    16 March 2010
  • AIG new dawn with NY Fed payback
    American International Group (AIG) paid off its credit facility with the Federal Reserve Bank of New York (FRBNY) last week, taking a significant stride towards independence from the US government in the process.
    17 January 2011
  • Two settle over PNC accounting scandal
    Two executives have settled with the Securities and Exchange Commission (SEC) over their roles in the 2001 accounting scandal said to have inflated PNC Financial Corp’s earnings by concealing $762mn in potential liabilities.
    18 December 2006
  • Castlewood to buy run-off finite reinsurer
    Castlewood Holdings Ltd, the Bermuda headquartered run-off acquisition and consultancy firm, has bought Inter-Ocean Holdings Ltd for $57mn.
    03 January 2007
  • Omega AGM passes largely without incident
    Omega chairman John Coldman safely negotiated a vote on his re-election with only a small minority of voting shareholders in opposition, despite the company's well-documented travails.
    14 May 2012
  • Tokio Millennium loses $52mn in 2011 on major NZ hit
    Tokio Millennium Re, Tokio Marine's Bermudian subsidiary, turned a $52mn loss in 2011 as it took a net $375.4mn of catastrophe claims.
    14 May 2012
  • Ex-Liberty duo in move to launch new syndicate
    Ex-Liberty Syndicates duo Sean Dalton and Andrew Elliot are poised to launch the latest reinsurance-to-close (RITC) Lloyd's syndicate, with funding to write in excess of £100mn of transactions on open years, The Insurance Insider can reveal.
    14 January 2008
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