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There are 69,226 results that match your search.69,226 results
  • Former General Re senior vice president Richard Napier has lifted the lid on the allegedly sham finite reinsurance deal with American International Group.
  • Angus Simpson has resigned as managing director of London market broker Glencairn Ltd after 10 years at the firm.
  • Derivatives platform Insurance Futures Exchange Services (IFEX) which began trading in US hurricanes as futures contracts last September, now has cumulative trading volumes totalling more than $31mn of (re)insurance limit, equivalent to 3,100 lots, it rev
  • Ratings agency Moody's has downgraded the senior secured debt ratings of giant bond insurer MBIA Inc, on the back of "various financial developments and capital initiatives" recently announced by the firm.
  • Countrywide Financial, one of the US's largest mortgage lenders heavily affected by the sub-prime lending debacle, has been purchased by Bank of America in a $4bn all-share deal.
  • Aquiline Capital Partners could lose as much as 95 percent of its investment in its Dublin-based Structured Credit Company (SCC), as the credit default underwriting firm became another victim of the meltdown in the debt markets.
  • BMS, the independent London market broker, has confirmed the resignation of its CEO, John Spencer.
  • Listed Bermudian-headquartered legacy firm Enstar Group has acquired AMP Ltd's Australian-based closed (re)insurance operations for A$585mn ($518mn).
  • Run-off (re)insurer Alea Group Holdings has reached agreement to "fully and finally" commute all exposure under an excess-of-loss reinsurance treaty.
  • Arthur J Gallagher & Co is suing start-up broker Edgewood Partners Insurance Center, as well as 24 named individuals, in California after the defection of senior staff.