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There are 68,963 results that match your search.68,963 results
  • Gallagher Re loses key executive
    Steve Taylor, business development officer for Gallagher Re, is leaving the reinsurance broker to join one of its clients, WR Berkley Corporation.
    19 November 2007
  • US Senate passes seven-year TRIA extension
    The US Senate passed a seven-year extension to the Terrorism Risk Insurance Act (TRIA) last Friday (16 November).
    19 November 2007
  • (Re)insurers divided over proposed federal cat programme
    The passage of a federal backstop to natural catastrophe risk through the US House of Representatives has drawn a mixed response from the industry.
    19 November 2007
  • Arig profits hit by Cyclone Gonu
    Third quarter profits at Arab Insurance Group (Arig) were down after the company was hit by a $9mn loss from Cyclone Gonu.
    19 November 2007
  • Bermudians also continue buybacks
    Bermudian (re)insurers Aspen Insurance Holdings Ltd and Lancashire Holdings Ltd both revealed further share buybacks, as companies continue to react to a benign hurricane season and dwindling underwriting opportunities by handing back capital.
    19 November 2007
  • XL set to renew slimmed-down Cyrus sidecar
    Bermudian (re)insurer XL Capital is set to renew a slimmed down version of its Cyrus Re sidecar with $105mn in capital from three tranches of loans.
    19 November 2007
  • Lloyd's welcomes new composite syndicate
    Lloyd's has welcomed former QBE Limit underwriter Mark Harrington back into the market with a new composite syndicate expected to offer stamp capacity of £75mn for the 2008 year, Insider Week can reveal.
    19 November 2007
  • Life business helps Zurich weather storms
    Growth in its life business was the driving force behind a 25 percent rise in profits at Swiss insurance giant, Zurich Financial Services Group (ZFS), it reported on 15 November.
    19 November 2007
  • Global losses from sub-prime may reach $400bn
    Financial markets' losses from the falling value of sub-prime mortgage assets may reach $300-400bn worldwide, representing a default on 30–40 percent of global sub-prime debt, according to Mike Mayo, analyst at Deutsche Bank.
    19 November 2007
  • Swiss Re shares slump 10 percent on mortgage backed swaps loss
    Swiss Re shares slumped over 10 percent today after the reinsurer announced a SFr1.2bn (£524mn) hit – SFr981mn after tax – on two credit default swaps linked to mortgage backed securities.
    19 November 2007
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