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There are 69,232 results that match your search.69,232 results
  • Everest reveals higher than expected asbestos charge
    Bermudian reinsurer Everest Re has revealed that it would be posting a $311mn pre-tax charge, significantly above analyst expectations of $200mn, to strengthen its reserves after completing a study of its asbestos exposures.
    21 January 2008
  • Carvill offers insurance 'transformer' vehicle for derivatives
    RK Carvill has expanded its offering of hurricane derivatives on the Chicago Mercantile Exchange (CME) and confirmed partnerships with Deutsche Bank and derivatives broker Tradition Financial Services (TFS) ahead of the 2008 hurricane season.
    21 January 2008
  • Heritage still an M&A target despite Ironshore withdrawal
    Lloyd's insurer Heritage Underwriting Agency remains a target for predators despite the withdrawal of Ironshore Inc's takeover interest, which was first revealed by The Insurance Insider.
    21 January 2008
  • Anti-trust hurdles await Willis approach for MMC
    Shares in Marsh & McLennan Group (MMC) spiked to $28.37 Thursday (17 January) - up 8 percent on their opening price - as news broke of an approach from rival Willis Group to open takeover talks for its larger rival.
    21 January 2008
  • Ironshore calls off Heritage offer
    The Bermudian insurance group Ironshore Inc has told Heritage Underwriting Agency that it does not intend to make a formal offer for the Lloyd’s insurer.
    21 January 2008
  • Canopius launches Irish structured reinsurance unit
    Private equity-backed Lloyd's insurer Canopius Group Ltd is continuing its expansion strategy with a Dublin-based operation that will initially specialise in structured reinsurance.
    21 January 2008
  • Falling US D&O rates lead market softening
    Falling rates in US directors' and officers' (D&O) liability lines dropped 11 percent in the final quarter of last year - far outstripping decreases in other lines of business tracked by Advisen for the RIMS Benchmark Survey.
    21 January 2008
  • Credit crunch makes mark on risk map
    The global credit crunch has made its mark on Aon's 2008 Political and Economic Risk Map, resulting in the US and UK flagged as countries vulnerable to slow economic growth.
    21 January 2008
  • SCOR announces lack of exposure to credit crunch monoliners
    French reinsurer SCOR has no "material" exposure to the US financial guarantee market and the monoline insurers that have been hit by the global credit crunch, the group revealed.
    21 January 2008
  • THB forms underwriting arm
    Specialist UK broker THB Group plc has become the latest intermediary to launch an underwriting operation as it looks to develop its revenue streams at a time of softening rates.
    21 January 2008
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