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There are 69,003 results that match your search.69,003 results
  • S&P boosts Novae over mooted legacy spin-off
    Standard & Poor's (S&P) has put a positive outlook on UK insurer Novae's Lloyd's Syndicate 2007 in the expectation that its legacy issues will see further resolution in 2008, through the run-off or sale of the affected business.
    03 March 2008
  • Guy Carpenter power base shifts back to New York
    The appointment of Peter Zaffino as CEO and Britt Newhouse as chairman at Guy Carpenter marks a statement of intent by Brian Duperreault as he seeks to gather his senior lieutenants around him in New York...
    03 March 2008
  • S&P fillip fails to stem AIG share slide
    Shares in American International Group (AIG) closed down 6.56 percent on Friday after the US insurance giant announced the biggest quarterly loss in its history driven by a $11.12bn pre-tax writedown in its financial products division, AIGFP.
    03 March 2008
  • Ex-Benfield execs launch new US reinsurance broker
    Rod Fox has teamed up with his former EW Blanch colleague Ted Blanch to launch a "private boutique" reinsurance broker provisionally called Alpha Re.
    03 March 2008
  • Beazley warns of squeeze on insurers
    Lloyd's insurer Beazley has warned that the squeeze on commercial property insurers will become "extreme" as market discipline slips and rates continue to fall.
    03 March 2008
  • FSA in run-off claims review
    The Financial Services Authority (FSA) is reviewing claims handling in the UK run-off market but denies this reflects concerns about standards among some legacy insurers.
    03 March 2008
  • Credit turmoil losses set to top $600bn, says UBS analyst
    Losses from the global credit market crisis are set to top $600bn, with banks and brokers accounting for over half that figure, according to UBS analyst Geraud Charpin.
    03 March 2008
  • UK takaful start-up poised for launch
    The UK's first dedicated insurance company providing takaful policies is set to be launched in a bid to tap into the UK's large Muslim population.
    03 March 2008
  • Allianz sets up $4.5bn legacy unit
    Allianz Global Corporate and Specialty (AGCS) has set up a Global Discontinued Business division to handle its vast legacy business, The Insurance Insider has learnt.
    03 March 2008
  • AIG slumps to Q4 loss on $11.12bn CDS writedown
    Insurance giant American International Group (AIG) slumped to a fourth quarter net loss of $5.29bn after taking a staggering $11.12bn pre-tax mark-to-market loss on the super senior credit default swap (CDS) book of its financial products division AIGFP.
    29 February 2008
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