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There are 68,926 results that match your search.68,926 results
  • Converium’s Beale to receive SFr4.2mn on exit
    Converium Holdings AG CEO Inga Beale will receive a lump sum payment of SFr4.2mn when she leaves the company on completion of the takeover by French reinsurer SCOR.
    14 May 2007
  • Cat bonds rush in advance of official hurricane season
    Despite a hiatus at the beginning of the year partly fuelled by events in Florida, the industry has returned to one of the most notable trends in recent years – securitising its business into the capital markets.
    14 May 2007
  • RenRe to launch $415mn Starbound II
    RenaissanceRe is set to launch a second Starbound Florida-dedicated sidecar as evidence emerges that the impact of the state's hurricane catastrophe fund expansion earlier this year may be less severe than first feared.
    14 May 2007
  • First UIC payout confirmed at 100 percent
    Provisional liquidator Grant Thornton has confirmed the initial dividend payment under its proposed UIC Insurance Company Limited scheme of arrangement has been set at 100 percent.
    14 May 2007
  • Terrorism insurance growing, but businesses still not prepared
    In an era of increased globalisation, "understanding and preparing for political violence has arguably never been more important for business", according to Lloyd's chairman Lord Levene, at the launch of a new report on terrorism.
    14 May 2007
  • Push-me, pull-you: Why London is losing out?
    London is destined to control a shrinking share of the world's insurance markets, both in absolute terms due to emerging market growth, and in relative terms as a result of "localisation", according to Luke Savage, finance director of Lloyd's.
    14 May 2007
  • Flagstone weathers Kyrill in debut results
    In its first results filing as a public company, Bermuda's Flagstone Reinsurance Holdings Ltd reported first quarter net income of $35.6mn, as it bore net losses of $25.4mn from European Windstorm Kyrill and $6.9mn from satellite losses.
    14 May 2007
  • Generali profits on the up
    Italian (re)insurance giant Generali announced net profits up 20 percent for the first quarter 2007.
    14 May 2007
  • Talbot deal may spark fresh Lloyd’s M&A
    Talbot is expected to announce within days that it has found a buyer in Bermudian (re)insurer Validus Holdings Ltd (Validus). The Insurance Insider revealed in its May issue that Validus has emerged as the front-runner to buy the Lloyd’s managing agency.
    14 May 2007
  • Talbot predecessor costs Lloyd’s Central Fund a further £30mn
    In the week that Talbot is set to announce a profitable sale to Bermudian (re)insurer Validus (see article 7), its predecessor company, Allegheny Underwriting drew-down a further £29.9mn from the Lloyd's Central Fund to cover its legacy losses.
    14 May 2007
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