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There are 68,938 results that match your search.68,938 results
  • ACE and XL profits rise despite cat losses
    Bermudian giants ACE Ltd and XL Capital announced catastrophe charges of $88mn and $30mn respectively for the UK, US and Australian floods in their second quarter results yesterday.
    25 July 2007
  • London market reinsurers suffer blow in Korean dispute
    London market reinsurers led by Allianz have suffered a blow following a High Court decision in their controversial EUR44.3mn dispute with the North Korean national reinsurer.
    24 July 2007
  • Earnings up at early reporting Bermudians
    Bermudian reinsurers Everest Re Group and PartnerRe Ltd emerged relatively unscathed from high-profile second quarter Australian and UK cat events to report net earnings increases of 28 percent and 35 percent, respectively, for the period.
    24 July 2007
  • UK floods could cost over £3bn
    The summer floods could cost the insurance industry more than £3bn ($6bn), warned Fitch Ratings this morning.
    24 July 2007
  • Rates continue to fall on financial and professional risks
    London market professional risks insurers have continued to suffer falling rates during the second quarter of 2007, with reductions of up to 20 percent in the period for directors and officers (D&O) risks, according to broker Willis.
    23 July 2007
  • AIG faces $100mn Minnesota lawsuit
    Insurance giant American International Group (AIG) is facing lawsuits from two Minnesota workers compensation insurance associations seeking $100mn in damages for alleged fraudulent business practices, according to reports.
    23 July 2007
  • Unitas snares Boucher to drive underwriting agency
    Broking network Unitas Alliance has confirmed the appointment of former Endurance Worldwide Insurance Ltd CEO Mark Boucher as non-executive chairman of its new underwriting agency, as revealed in the July issue of The Insurance Insider.
    23 July 2007
  • Hiscox acquires kidnap and ransom business
    Lloyd's insurer Hiscox plc has acquired a portfolio of kidnap and ransom business from the broker Aon Ltd.
    23 July 2007
  • Shares slip as analyst says Everest summit reached
    Shares in Bermudian reinsurer Everest Re Group Ltd slipped after a Bear Stearns analyst downgraded the company on "limited growth opportunities and declining profitability".
    23 July 2007
  • Japan counts cost of catastrophes
    Loss estimates from the recent earthquakes and typhoon that have hit Japan continue to spread as insurers count the cost.
    23 July 2007
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