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There are 68,963 results that match your search.68,963 results
  • Resolution rejects Pearl’s takeover approach; bidding hots up
    UK life funds consolidator Resolution plc, which announced in July that it had agreed a merger with UK life insurer Friends Provident to create a £9bn insurance group Friends Financial, has rejected a takeover bid from UK rival...
    15 October 2007
  • Terror/political risk requires joined-up approach, says Hiscox
    The recent surge in war, political violence (WTPV) and terrorism and an explosion of global business expansion, could cost businesses dear if they fail to appreciate the risks they face, a leading Hiscox underwriter in the sector has warned.
    15 October 2007
  • Benfield buys Canadian energy specialist
    Benfield Group Ltd has bought Canadian specialist energy brokers Beaufort International Insurance Inc and Beaufort Insurance Services Inc.
    15 October 2007
  • AIG in Virgin consortium bid for Northern Rock
    US insurance giant, American International Group (AIG), is a partner in a consortium, led by Richard Branson’s Virgin Money, to buy stricken UK mortgage bank, Northern Rock.
    15 October 2007
  • Industry criticises UK spending on flood defences
    The £800mn pledged by the UK’s chancellor of the exchequer Alistair Darling in his pre-budget report has been criticised as insufficient by the insurance industry.
    15 October 2007
  • Jury out on Independent
    The jury in the trial of three former Independent Insurance executives was sent out to consider its verdict on 12 October.
    15 October 2007
  • Tysers management buyout to ‘secure independence’
    Tysers has bucked the trend for small to mid-size London broker sales to larger rivals and private equity investors, after completing a management buyout transaction to secure its independence.
    15 October 2007
  • Hiscox calls time on Panther Re sidecar
    Hiscox Ltd has announced that it will not renew its $360mn sidecar Panther Re for the 2008 year, taking the tally of sidecar capacity to be run-off this year to over $1bn.
    15 October 2007
  • Futures trade down as 2007 hurricane risk recedes
    Trading on the recently launched Insurance Futures Exchange Services (IFEX) platform saw prices drop dramatically Friday (12 October) on 2007 event-linked futures contracts as traders anticipated a benign end to the hurricane season.
    15 October 2007
  • Former HIH board member freed
    After spending more than two years behind bars after pleading guilty to offences that helped bring down Australian insurer HIH, Rodney Adler has been freed from prison.
    15 October 2007
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