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There are 67,458 results that match your search.67,458 results
  • AM Best has placed Bermudian reinsurer RenaissanceRe and its subsidiaries under review with negative implications for financial strength and debt ratings. The rating review follows the company’s receipt of a Wells Notice from the Securities and...
  • American International Group (AIG)'s up-to-$4.8bn sale of its plane-leasing business appears back on track after it finally received the delayed 10 percent deposit from a Chinese buying consortium
  • Dedicated microinsurance fund LeapFrog Investments has received a further $25mn to bring its total funds under management to $137mn.
  • Stone Point Capital, the former private equity arm of MMC, formed a new wholesale broker last month which is designed to capitalise on the changing dynamics of the broking model. Mercator Risk Sevices will provide wholesale and specialty services...
  • S&P downgraded the Mariah Re 2010-1 tornado bond by one notch to CCC with a negative outlook after covered losses rose to $790mn.
  • Alleghany Corporation fell to a fourth quarter net loss of $92.6mn, compared to prior-period net profits of $37.7mn, as the bottom line of its insurance and reinsurance businesses was hit by Superstorm Sandy.
  • There is increasing evidence that energy renewals have been hard hit by Hurricane Ivan, the Category 5 hurricane that ripped through the Caribbean and Florida in September 2004.
  • The arrival of Brian Duperreault at the helm of Marsh & McLennan Cos (MMC) has reduced the likelihood of an imminent takeover bid by Willis Group Holdings, reflected in the rising share price at the smaller broker following the news.
  • Premium growth in the emerging markets of Eastern Europe saw Vienna Insurance Group post a 34 percent increase to EUR288mn in its first half profits.
  • Flagstone Re founder Mark Byrne, who stepped down as executive chairman of the Bermudian earlier this week, will receive a $2.2mn cash "goodbye" and has already cashed in $24mn worth of his original investment in the (re)insurer.