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There are 68,813 results that match your search.68,813 results
  • AIG reports $5.36bn loss as writedowns mount
    American International Group (AIG) has reported a $5.36bn net loss for the second quarter after taking a hit of more than $12bn in relation to further charges in its Financial Products Corp (AIGFP) division and investment writedowns.
    06 August 2008
  • XL closes SCA deal and $3.375bn capital boost
    Standard & Poor’s (S&P) has removed its CreditWatch on XL Capital after the Bermudian successfully completed a deal to shed the lion’s share of its pre-IPO exposure to Security Capital Assurance (SCA) last night.
    06 August 2008
  • Marsh revenues and profits grow in Q2
    The recent leadership changes at Marsh & McLennan Companies (MMC) and its insurance broking unit Marsh appear to be having an impact on performance, with increased revenues and operating profits in the second quarter.
    06 August 2008
  • Munich Re hit by investment slump
    Munich Re has confirmed its earnings warning in its first half results, with profits slashed to EUR1.4bn in the period, after the bottom line was hit by a slump in investment returns.
    06 August 2008
  • Analysts upbeat on Lancashire despite fall in profits
    For the second quarter in a row, analysts were upbeat on Lancashire Holdings Ltd, despite the Bermudian insurer booking a fall in profits hit by the "unusually large" number of Q2 industry losses.
    05 August 2008
  • US insurer to buy sidecar CastlePoint for $490mn
    New York headquartered Tower Group is to buy CastlePoint Holdings, the Bermudian reinsurer it established in 2006 for $490mn.
    05 August 2008
  • Advent rejects Fairfax takeover offer
    Shares in Lloyd's (re)insurer Advent Capital have climbed a further 4 percent today (5 August) after the company rejected an overture from its largest shareholder, Fairfax Financial Holdings.
    05 August 2008
  • Swiss Re acquires Barclays life arm for £753mn; further writedowns in Q2
    Swiss Re is to pay £753mn for the life assurance arm of Barclays, the group has confirmed.
    05 August 2008
  • Legal briefings
    Our monthly column keeping a check on recent US and EU legislative and regulatory developments, in association with Sidley Austin LLP
    04 August 2008
  • Acquisitive R&Q seeks buyout targets
    Randall & Quilter's appetite for acquisitions shows no sign of waning with the group's founding CEO Ken Randall eyeing "numerous opportunities".
    04 August 2008
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