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There are 69,296 results that match your search.69,296 results
  • ACE steps up D&O capability with Lloyd’s move
    ACE Ltd has continued its efforts to grow in markets traditionally dominated by American International Group (AIG) by boosting its commercial D&O capability with a move to write the business at Lloyd’s.
    20 October 2008
  • Hardening market talk ‘premature’ says Fitch with (re)insurance sector downgrade
    Analysts at ratings agency Fitch downgraded their rating outlook for the combined insurance and reinsurance sectors from stable to negative on Friday (17 October).
    20 October 2008
  • Jubilee confirms Loucaides hire
    Specialist Lloyd’s insurer Jubilee Managing Agency has confirmed its appointment of Andreas Loucaides a director of underwriting, a move first revealed in June by The Insurance Insider.
    20 October 2008
  • Bermudians reveal Q3 investment losses
    Everest Re, Catlin, Max Capital and Aspen joined a growing chorus of (re)insurers publishing preliminary Q3 results outlooks reflecting heavy investment writedowns – in addition to the impact of hurricane losses (see article 6).
    20 October 2008
  • Amlin adds to rising Ike bill with $285mn loss figure
    Amlin cut its 2008 profit forecast by £45mn after tax today as it become the latest (re)insurer to reveal the impact of Hurricane Ike with the bill from last month’s storm rising based on industry estimates in excess of those published by...
    20 October 2008
  • Prudential would give up stake to secure AIG Asian Life units
    UK life insurer Prudential has emerged as a potential bidder for some of AIG’s Asian Life units, according to reports. The reports said that the UK firm is understood to be willing to issue new shares to the value of £1.3bn...
    20 October 2008
  • Arch to form $400mn European reinsurance hub
    Arch Capital Group Ltd is close to launching a new Dublin-based reinsurer that will act as a hub for its European reinsurance operations, The Insurance Insider can reveal.
    20 October 2008
  • Aon agrees $154.7mn auto unit sale
    Broking giant Aon Corporation has agreed a $154.7mn deal to sell off its auto unit AIS Management Group to Mercury Insurance Group, California’s third-largest personal automobile insurer.
    20 October 2008
  • Swiss Re and World Bank carve out African weather derivatives contract
    Leading global reinsurer Swiss Re has partnered with the World Bank’s International Development Association (IDA) to develop a weather derivatives contract to hedge against loss of maize crops as a result of drought in Malawi.
    20 October 2008
  • O’Hara forced to sell XL stock; shares up on de-risking
    XL Capital preannounced an estimated third quarter net loss of $1.65bn to $1.67bn that confirmed a $1.4bn charge in relation to its August transaction to close the majority of liabilities to former bond insurer affiliate Security Capital Assurance (SCA).
    20 October 2008
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