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There are 69,237 results that match your search.69,237 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
  • 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
  • Lloyd's confirms 2008 capacity 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
  • Assured Guaranty takes $302.9mn derivative loss
    In what proved to another brutal week for the monoline insurers, the financial guaranty and credit (re)insurance specialist Assured Guaranty Ltd (AGL) took a $302.9mn after-tax unrealised mark-to-market loss...
    28 January 2008
  • Massachusetts subpoenas ailing bond insurers
    The US state of Massachusetts has issued subpoenas to ailing financial guaranty insurers Ambac Financial Group and MBIA Inc seeking disclosure on their exposure to sub-prime investments.
    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
  • 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
  • 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
  • SocGen fraud unlikely to cause major insurance loss
    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.
    25 January 2008
  • Sub-prime liability losses could escalate to $9bn
    Bear Stearns analysts have trebled estimates for insured management and professional lines losses relating to the sub-prime crisis from $3bn to $8-9bn as notifications and class action lawsuits continue to mount.
    25 January 2008
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