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There are 69,237 results that match your search.69,237 results
  • 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
  • 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
  • AIG reshuffles executives
    US insurance giant American International Group (AIG) has announced five appointments in an executive reshuffle.
    28 January 2008
  • Towergate continues acquisition spree
    UK consolidator Towergate Partnership has bought Scottish broker, McAra Associates Ltd, together with the mortgage payment specialist, British Insurance.
    28 January 2008
  • Gen Re judge denies mistrial motion
    The judge in the trial of five executives charged with transacting an allegedly sham finite reinsurance contract between General Re and American International Group (AIG) rejected the defence's motion for a mistrial last week.
    28 January 2008
  • SocGen fraud not covered by rogue trader policy: sources
    The biggest fraud in investment banking history, at French bank Société Générale, is unlikely to translate into a large insured loss because it did not buy unauthorised trading cover, according to senior market sources.
    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
  • 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
  • Zurich enters Turkish market; Blair joins
    Zurich Financial Services Group has bought Turkish general insurer TEB Sigorta from TEB Mali Yatirimlar.
    28 January 2008
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