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There are 69,136 results that match your search.69,136 results
  • ZFS $400mn flood losses fail to wash out six month results
    First half earnings at insurance giant Zurich Financial Services (ZFS) rose by a third to $2.7bn despite the firm suffering a 3.9 percent deterioration in its combined ratio in the second quarter due to UK flood losses.
    20 August 2007
  • Global Markets propel Hiscox to record profit
    Shares in Hiscox Ltd increased over 5 percent this morning after the company was propelled to a record half-year profit before tax of £105.6mn, up 72.1 percent, by the stellar performance of its Global Markets division.
    20 August 2007
  • AIR founder launches modelling consultancy
    Karen Clark, the founder of modeling firm AIR Worldwide, has launched an independent company to act as a consultancy for (re)insurers that use catastrophe models.
    20 August 2007
  • US start-up receives AM Best A- rating
    US start-up insurer SPARTA Insurance Company has been assigned an A- financial strength rating from rating agency AM Best.
    20 August 2007
  • Europe mulls rating agencies probe over sub-prime failure
    According to reports last week, the European Commission (EC) is set to investigate the role of rating agencies over their response to the US sub-prime mortgage crisis.
    20 August 2007
  • Rating levels still ‘very acceptable’ to Heritage
    Despite moderate price reductions, the Lloyd’s listed (re)insurer Heritage Underwriting Agency plc’s said rates are “still at very acceptable levels” in its latest syndicate forecasts.
    20 August 2007
  • Tax boost sends Scottish Re into black; seeks to reassure investors
    Bermuda-based life reinsurance specialist Scottish Re Group revealed a second quarter profit of $99.5mn, which was boosted by a one-time tax benefit from last year’s loss of $123.9mn in the same period.
    20 August 2007
  • QBE shares leap on buoyant interims
    Australian insurer QBE Insurance Group saw its share price jump 11 percent to A$30.52 today (20 August) on the back of record interim results and a surge in equity markets following last week’s sell-off.
    20 August 2007
  • After Jamaica Dean heads for Mexico
    This year’s first North Atlantic hurricane, Dean, has struck Jamaica causing up to $3bn in insured losses according to early estimates, and is now heading for Mexico.
    20 August 2007
  • Global Markets propel Hiscox to record profit
    Shares in Hiscox Ltd increased over 5 percent this morning after the company was propelled to a record half-year profit before tax of £105.6mn, up 72.1 percent, by the stellar performance of its Global Markets division.
    20 August 2007
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