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There are 69,015 results that match your search.69,015 results
  • Fitch downgrades bond insurer SCA
    XL Capital's decision not to bail out Security Capital Assurance Ltd (SCA) and its financial guaranty insurance subsidiaries has led ratings agency Fitch to slash the bond insurer’s financial strength ratings from AAA to A.
    28 January 2008
  • Lloyd's 2008 capacity almost static at £15.95bn
    Lloyd's has confirmed underwriting capacity at 1 January 2008 of £15.95bn, only fractionally down on the £16.1bn the market began 2007 with.
    28 January 2008
  • Bermudian duo mull Heritage bid
    Bermudians Arch Capital and RenaissanceRe Holdings have emerged as the companies courting Lloyd's insurer Heritage Underwriting Agency, according to sources.
    28 January 2008
  • XL downgrade will hurt competitive position, analysts warn
    Troubled XL Capital's downgrade to A by both AM Best and Fitch Ratings late last week would limit its competitive position, particularly in US casualty business, analysts have warned.
    28 January 2008
  • THB finalises PWS deal
    After stop-start talks, specialist UK broker THB Group plc has finally completed its £8.5mn acquisition of PWS Holdings plc's Lloyd's business and overseas interests.
    28 January 2008
  • Analyst disappointed with Allianz preliminary figures despite improvement
    German financial services giant Allianz AG's pre-announced EUR10.8bn of 2007 operating profit, prompting analysts at Keefe, Bruyette & Woods (KBW), to revise their forecast for the firm from Underperform to Market Perform.
    28 January 2008
  • Big Dig highway contractor settles lawsuit for $400mn
    A long-running lawsuit filed by Massachusetts State over a fatal tunnel collapse and numerous leaks and design flaws in the massive Big Dig highway project has been settled.
    28 January 2008
  • Moyles joins private equity firm Stone Point
    Phil Moyles has joined the legions of ex-MMC executives at private equity firm, Stone Point Capital.
    28 January 2008
  • Bear Stearns trebles sub-prime liability loss estimate to $9bn
    Predicted sub-prime losses for insured management and professional lines have shot up to $9bn from an earlier $3bn as notifications and class action lawsuits continue to mount, according to Bear Stearns analyst David Small.
    28 January 2008
  • XL downgrade will hurt competitive position, warn analysts
    Troubled XL Capital was downgraded by both AM Best and Fitch Ratings late last week, with analysts warning the rating action could limit the (re)insurer’s competitive position, particularly in US casualty business.
    28 January 2008
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