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There are 67,429 results that match your search.67,429 results
  • Scor triggers EUR75mn UBS contingent deal
    French reinsurer Scor has issued EUR75mn of new shares as its contingent capital deal with investment bank UBS triggered on rising first-quarter catastrophe loss estimates
    07 July 2011
  • ExxonMobil ordered to pay punitive damages for Maryland spill
    ExxonMobil could be facing a $1bn+ legal payout after a Maryland jury ordered the oil major to pay punitive damages to the victims of a gasoline spill in 2006
    07 July 2011
  • S&P upgrades Converium subsidiaries
    Embattled reinsurer Converium received a further boost from Standard & Poor’s last week when the rating agency upgraded its German and UK subsidiaries’ financial strength ratings by two notches to BBB+.
    25 October 2004
  • Chubb to insure Starr Aviation
    US insurer Chubb has agreed to provide hull and liability cover to general aviation clients of Starr Aviation - the managing agency ultimately controlled by former American International Group chief executive Maurice “Hank” Greenberg.
    20 June 2006
  • ISB re-signs Condroyer to boost Spanish presence
    Benfield's space subsidiary International Space Brokers (ISB) has re-signed Benoit Condroyer to spearhead the expansion of its Spanish operations.
    24 July 2006
  • AIG Attacks Credit Suisse Over Film Finances Losses
    Insurer’s refusal leads to default on up to $183mn of CSFB Flashpoint bonds, but will the tactic backfire? According to the industry quip, AIG's unofficial motto is “make a claim, and we'll sue you”; a cheap shot at the world's largest insurance compa
    01 June 2001
  • US sports MGA sells for $73mn
    Illinois-based sports underwriter Pro Financial Services Inc was sold last month for $73mn - the equivalent of over seven times "base" earnings.
    04 October 2007
  • OIL leak costs ex-members $200mn
    The nine shareholder members that are departing Oil Insurance Ltd at the end of the year will face a collective bill of $200mn for leaving the energy mutual.
    27 November 2006
  • Captives give long-term control
    Captive insurers can give companies long-term control over risk and protect companies from the vagaries of market cycles according to speakers at the industry’s first The Captives Conference. The conference was held in London on 23 November and...
    28 November 2005
  • Hannover Re completes $370mn cat bond
    Hannover Re announced last week (3 February) the completion of a $370mn catastrophe bond deal which it says will provide the reinsurance giant with extra capacity for underwriting catastrophe risks.
    06 February 2006
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