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There are 69,284 results that match your search.69,284 results
  • AXIS estimates up to $430mn in storm losses
    AXIS Capital estimates that its net loss exposures to Hurricanes Gustav and Ike will be between $310-$430mn, adding to the industry's toll of heavy 2008 catastrophe losses and providing further evidence of the damage wreaked by Ike earlier this month.
    29 September 2008
  • AIG draws $28bn on Fed loan
    American International Group Inc (AIG) drew down $28bn from the $85bn US government bail-out loan facility before it announced it had signed the agreement last week.
    29 September 2008
  • Lexington buys contingent cover from Berkshire Hathaway
    American International Group Inc (AIG) subsidiary Lexington Insurance Company moved to reassure nervous policyholders and brokers last week by announcing on 26 September that it had arranged contingent property reinsurance cover from Berkshire Hathaway, i
    29 September 2008
  • NAIC collateral proposals welcomed
    London-based company market (re)insurance trade body, the International Underwriting Association (IUA) has welcomed proposals for a new reinsurance regulatory framework agreed by the reinsurance task force of the National Association of Insurance Commissi
    29 September 2008
  • Lloyd's forms short-list for new trading hub
    Lloyd's has shortened the list of potential providers for its new messaging hub to three, The Insurance Insider has learnt.
    29 September 2008
  • QBE parts company with US chief
    QBE Group has formally parted company with Tim Kenny, the head of its US operations, The Insurance Insider revealed last week.
    29 September 2008
  • Ike loss likely to be over $10bn
    Property Claims Services (PCS) is due to publish an initial loss estimate for Hurricane Ike's onshore damage later this week - and the evidence is increasingly pointing to a $10bn+ loss.
    29 September 2008
  • Validus in Transatlantic Re talks
    Validus Holdings Ltd is in talks to buy Transatlantic Re from distressed insurance giant American International Group (AIG), The Insurance Insider understands.
    29 September 2008
  • Greenberg sells down AIG stock; fears grow over Wall Street rescue
    Hank Greenberg, the former American International Group (AIG) chief executive, sold 40 million shares in the fallen insurer, netting around $126mn this week.
    26 September 2008
  • Solvency II compliance for internal capital models, urges FSA
    The UK Financial Services Authority has urged the (re)insurance industry to obtain regulatory approval if firms want to use their own in-house models to assess capital adequacy ahead of the implementation of the 2012 Solvency II directive.
    25 September 2008
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