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There are 68,964 results that match your search.68,964 results
  • Market awaits New Year announcement for THB's proposed PWS acquisitions
    Specialist broker THB is still in talks with PWS holdings over the acquisition of PWS' Lloyd's business and overseas interests.
    31 December 2007
  • Market upbeat on AXA stake in RESO
    AXA's agreement to pay EUR810mn for a 36.7 percent stake in Russian insurer RESO Garantia has received an upbeat response from the investor community.
    31 December 2007
  • Gen Re ordered to produce internal records in court
    General Re has been ordered to produce records of its internal investigations in the criminal trial of four of its former executives that is due to begin in Connecticut on 7 January.
    31 December 2007
  • Event frequency doubles natural catastrophe losses
    Despite the absence of so-called "megacatastrophes", a high number of loss events resulted in a 50 percent increase in economic losses from natural catastrophes to $75bn, with subsequent insured losses almost doubling to just under $30bn.
    31 December 2007
  • Tawa reduces PXRE US acquisition price
    UK quoted run-off acquisition firm Tawa plc will now pay a reduced cash sum of $54mn to buy the defunct US reinsurer PXRE Reinsurance Company following a dividend paid out by the company.
    21 December 2007
  • Tax and distribution fuel Hardy's planned Bermuda redomicile
    The UK's restrictive tax regime as well as proximity to the US market are key reasons for Lloyd's (re)insurer Hardy Underwriting Group's decision to redomicile to Bermuda, the company explained.
    21 December 2007
  • House passes seven year TRIA extension
    The US House of Representatives has voted to extend the Terrorism Risk Insurance Act (TRIA) for seven years, bowing to Senate lawmakers who passed a similar programme in November.
    21 December 2007
  • Lloyd's warns on reform pace and soft market discipline
    Lloyd's published an update to its rolling three-year strategic plan last week, highlighting achievements since its launch at the start of 2006, but warning of soft market challenges, and work required to improve efficiencies in the market's operating env
    21 December 2007
  • Toulouse crash could cost insurers up to $200mn
    The cost of the hull damage on the Airbus that crashed into a wall during tests at Toulouse-Blagnac airport in France last month could be as high as $200mn, The Insurance Insider has learnt.
    21 December 2007
  • Brown victorious as PLP retains Bermuda power
    Bermuda's Progressive Labour Party (PLP) emerged victorious in the island nation's general election earlier this week.
    21 December 2007
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