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There are 69,209 results that match your search.69,209 results
  • Beaufort became the fourth independent Lloyd's insurer to sell this year as interest in One Lime Street remains sky high.
  • Tysers has sealed a management buyout, bucking the trend for small to mid-size London broker sales to larger rivals and private equity investors.
  • Lloyd's has approved two new sidecar syndicates for the 2008 year of account, with a targeted combined capacity of £85mn for the Hiscox and Ark quota share special purpose vehicles.
  • Marsh is mulling the formation of a UK-based facultative (Fac) reinsurance arm that could end up competing with sister company, Guy Carpenter & Co, The Insurance Insider understands.
  • Zurich Financial Services Group (ZFS) has named ex-Converium Holdings CEO Inga Beale as head of organisational transformation and mergers & acquisitions with effect from 1 January 2008.
  • 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.
  • Marsh & McLennan Companies, Inc (MMC) roundly disappointed analysts and investors with a slump in third quarter profits from continuing operations to $80mn compared to $130mn in the prior-year period.
  • Insurance giant American International Group (AIG) reported operating results for the third quarter below analysts' expectations, compounded by losses in its AIG Financial Products (AIGFP) division, which suffered a $352mn pre-tax charge on credit default
  • Marsh & McLennan Companies, Inc (MMC) suffered a slump in its third quarter profits from its continuing operations, which fell to $80mn from $133mn in the prior-year period, the company reported today (8 November).
  • Roger Townsend, executive director of Xchanging Insurance Services (XIS), has dismissed market accusations that it is taking advantage of a monopoly over the market.