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There are 68,963 results that match your search.68,963 results
  • Ariel Re buys US admitted carrier
    Fresh from completing the acquisition of its London market platform, Bermudian (re)insurance group Ariel Re has acquired an onshore US presence with its purchase of the admitted insurer, Valiant Insurance Co.
    24 September 2007
  • RK Harrison loses hotel group account to Aon
    RK Harrison, the independent London Market broker, has been hit by the loss of a major North American account to Aon Ltd.
    24 September 2007
  • HCC shelves $300mn issue on credit crunch
    HCC Insurance Holdings, Inc has become the latest (re)insurer to be frustrated by the post-US sub-prime crisis credit crunch as it axed a $300mn debt issue on Friday (21 September).
    24 September 2007
  • Bermudian Maiden poised for $500mn+ IPO
    Bermudian quota share start-up Maiden Holdings Ltd has filed for a $500mn+ initial public offering (IPO) which would see it list on New York’s NASDAQ Exchange.
    21 September 2007
  • House of Representatives pass TRIA extension but Bill faces presidential veto
    The House of Representatives approved a Bill on 19 September that would extend the Terrorism Risk Insurance Act (TRIA) for 15 years despite the White House stating it would veto...
    20 September 2007
  • Class action king pleads guilty
    Veteran class action lawyer Bill Lerach, who represented Enron investors and other shareholders suing large corporations, faces up to two years in jail and will be forced to pay $8mn in fines after pleading guilty...
    19 September 2007
  • Brit launches Gibraltar captive reinsurer
    Brit Insurance Holdings plc is to form a Gibraltar based protected cell reinsurer which will provide reinsurance to the UK insurance group.
    19 September 2007
  • Allianz to take stake in consolidator Oval Group
    German insurance giant Allianz SE is believed to be purchasing a minority stake in expanding UK broker consolidator Oval Group, continuing the trend for insurers to acquire greater control of distribution networks, according to sources.
    19 September 2007
  • Atrium profits increase 300 percent despite sluggish premium growth
    Specialist Lloyd's (re)insurer, Atrium Underwriting reported pre-tax profits of £23.8mn for the first half of 2007, an increase of 300 percent on the same period last year.
    18 September 2007
  • Restructure boosts Omega as profits grow by 119 percent
    Bermuda-based (re)insurer Omega Insurance Holdings announced a 119 percent increase in pre-tax profits to $20.4mn for the first half of 2007, driven largely by Bermudian subsidiary Omega Specialty.
    18 September 2007
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