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RK Carvill dispute set for 2005 showdown
XL D&O dispute heads for court; ALAS settles with reinsurers The acrimonious dispute between reinsurance broker RK Carvill and its former client XL Professional Liability over its disputed D&O treaties is set for an October 2005 show-down.
01 January 2005
Mitsui, Aioi and Nissay Dowa in merger talks - reports
Three Japanese non-life insurers Aioi Insurance, Mitsui Sumitomo, and Nissay Dowa are in talks to create Japan’s largest non-life insurer, according to a report from Bloomberg citing two sources close to the situation.
29 December 2008
Endurance in $25-$30mn Glacier Re renewal rights and retro deal
Bermudian (re)insurer Endurance has bought a part of in run-off Glacier Re's international and US property catastrophe and global specialty reinsurance business through a quota-share treaty and renewal rights deal.
10 September 2010
Allstate reports $323mn May cat bill
Catastrophe losses from the tornado-heavy month of May will cost Allstate $323mn before tax
21 June 2013
Reinsurers Everest and Partner grow earnings
Bermudian reinsurers Everest Re Group and PartnerRe Ltd emerged relatively unscathed from high-profile second quarter Australian and UK cat events to report net earnings increases of 28 percent and 35 percent, respectively, for the period.
30 July 2007
Inside Film Finance
The descent into litigation and recrimination continues and it is AXA who is leading the charge. Much of the last issue of The Insurance Insider was dedicated to the latest batch of victims to fall prey to the madness of investing in films – London co
01 June 2000
Tokio appoints new marine underwriting chief
Tokio Marine has promoted Wayne Krause to the position of European head of marine underwriting.
17 September 2013
Willis names president of North American retail
Willis Group has named Vic Krauze as president of Willis HRH, its North American retail business.
28 August 2009
Brown & Brown breaks the $1bn revenue barrier in 2011
US broker Brown & Brown broke the $1bn total revenue mark for the first time last year as it booked net profits of $164mn, just ahead of the $162mn it earned in 2010.
04 February 2012
Ex Gen Re CEO imprisoned over $500mn finite reinsurance fraud
Former CEO of General Re Ronald Ferguson was sentenced to a two year custodial sentence for his role in the $500mn finite reinsurance fraud involving the Berkshire Hathaway owned reinsurer and American International Group (AIG).
22 December 2008
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