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There are 69,119 results that match your search.69,119 results
  • ABI puts flood cost at £1bn
    The Association of British Insurers (ABI) has said the cost of the recent UK floods is expected to reach £1bn, double the £500mn estimated by modeller Risk Management Services yesterday.
    29 June 2007
  • Solvency II delayed by two years
    Karel Van Hulle, head of insurance and pensions unit at the European Commission and responsible for the preparation of the Solvency II regulation has said that the deadline for implementation of the regulation will be pushed back by two years to 2012.
    29 June 2007
  • Cat bond indices launched as ILS mushrooms
    Jacques Aigrain, CEO of reinsurance giant Swiss Re described insurance linked securitisations (ILS) as a “major revolution in how we perform in the market”, and predicted that the ILS market could reach $1trn by 2016.
    28 June 2007
  • UK floods to cost insurers over £500mn
    The devastating floods that have hit large parts of England this week will inflict insured losses in excess of £500mn, according to Risk Management Solutions (RMS) estimates.
    28 June 2007
  • Paris Re to raise up to EUR311.9mn on IPO
    Paris Re has priced its forthcoming initial public offering (IPO) with a range of EUR19.35 to EUR22 a share, which could raise up to EUR311.9mn at the mid-point price.
    28 June 2007
  • Guy Carpenter recruits Benfield's Chris Klein
    Guy Carpenter has swooped for Chris Klein, the head of rival Benfield Group's counterparty risk unit.
    27 June 2007
  • Swiss Re’s $140mn Fusion bond based on CAT-Mex trigger
    Swiss Re, an increasingly dominant force in insurance linked securities, is the counterparty in the first transaction to reference an existing cat bond as a trigger with the launch of $140mn Fusion 2007 Ltd.
    26 June 2007
  • Industry goes on TRIA offensive
    Insurers, brokers and rating agencies have put their weight behind legislation that proposes an extension of the Terrorism Risk Insurance Act (TRIA) from a temporary programme to a more permanent ten-year facility.
    25 June 2007
  • Montpelier latest to land at Lloyd’s
    After more than five years absence from the London market, Tony Taylor returned to Lloyd’s with the arrival of Montpelier Re’s £47mn non-marine property and engineering Syndicate 5151.
    25 June 2007
  • AmWINS buys AEU; refinances for further acquisitions
    AmWINS Group, Inc, the private equity backed-US wholesale broker linked with a move for London market broker Besso Group, has bought The American Equity Underwriters, Inc, (AEU) and refinanced its debt to fund further “strategic acquisitions”.
    25 June 2007
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