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There are 68,963 results that match your search.68,963 results
  • Pinault returns to US insurance sector
    Tawa plc, the UK quoted run-off consolidator owned by the French billionaire Francois Pinault, acquired the US firm PXRE Reinsurance Co (PXRE US) last week from parent Argo Group International Holdings Ltd in a $114mn transaction.
    12 November 2007
  • US bond insurers spark new credit crisis
    Financial markets have been gripped by a new wave of fear in recent weeks, with Wall Street reacting to concerns about monoline bond insurers’ exposures to sub-prime losses, which could spark a credit crisis across the municipal bond market...
    12 November 2007
  • Ark latest to consider sidecar syndicate at Lloyd's
    Newcomer Ark Syndicate Management, which started writing business at Lloyd's in April this year, has proposed the launch of a sidecar syndicate, which is currently subject to approval by the society's Franchise Performance Directorate.
    12 November 2007
  • American Financial Group to back Lloyd's insurer
    American Financial Group, Inc (AFG) is to become a significant capital provider to the Lloyd's insurer Marketform Group Ltd, and its Syndicate 2468 in 2008, Insider Week can reveal.
    12 November 2007
  • Cherkasky plays blame game on Marsh performance
    The departure of Marsh CEO Brian Storms after a disappointing performance at the broker has cost parent company Marsh & McLennan (MMC) $13mn in severance costs.
    12 November 2007
  • Sphere Drake Scheme sanctioned
    The proposed Scheme of Arrangement for Sphere Drake, part of the WFUM pool, was sanctioned in the UK High Court last week (6 November).
    12 November 2007
  • Validus top and bottom line surges on Talbot deal
    Bermudian Validus Holdings Ltd almost doubled third quarter profits from $69.7mn to $136.5mn year-on-year as it reported its first set of results reflecting the July acquisition of Talbot Underwriting.
    12 November 2007
  • Life deal boosts Max Capital top line
    Bermudian Max Capital Group Ltd reported third quarter net profits of $66.8mn, up from $26.5mn, and gross premiums written of $223mn, compared to $177.9mn in the prior-year period as a significant deal in its life and annuity business boosted the top line
    12 November 2007
  • Townsend defends Xchanging 'partnership'
    Roger Townsend, executive director of Xchanging Insurance Services (XIS), has dismissed market accusations that it is taking advantage of a monopoly over the market.
    12 November 2007
  • Allianz confirms 10 percent stake in UK broker consolidator Oval
    Allianz continued its strategic stake-building in the UK distribution chain this month, with confirmation that it has acquired a 10 percent minority share of Yorkshire-based broker The Oval Group, as predicted by The Insurance Insider in September.
    12 November 2007
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