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There are 69,119 results that match your search.69,119 results
  • CMGL to complete D&H Syndicate RITC
    Capita CMGL is set to complete the reinsurance-to-close (RITC) transfer of the run-off Duncanson & Holt Syndicate 55 with capital supplied by CarVal Investors LLC, a fund backed by the agribusiness giant Cargill.
    25 June 2007
  • Brit makes $200mn cat bond debut
    UK insurer Brit Insurance Holdings plc has launched a pioneering $200mn cat bond structure that will pay out fixed amounts in the event of four to nine qualifying natural catastrophes over the next three years.
    22 June 2007
  • Lloyd’s Act to be changed
    The Act of Parliament that governs Lloyd’s is to be changed to enable the Society to reform its structure and processes, it was announced today.
    21 June 2007
  • Montpelier launches Lloyd’s syndicate
    Bermudian firm Montpelier Re has announced the formation of a new £47mn Lloyd’s syndicate which will write non-marine property and engineering business, as predicted by The Insurance Insider in May.
    20 June 2007
  • Guy Carp to mandate ECF
    Reinsurance broker Guy Carpenter has said it will mandate the use of Electronic Claims File (ECF) for all in-scope claims from the Lloyd’s markets as of 1 January 2008.
    20 June 2007
  • Gen Re and Arch poaching dispute takes new turn
    The alleged poaching dispute between Gen Re and Arch took a new turn yesterday, when the temporary restraining order granted against Arch Capital and four former Gen Re executives in May was lifted and replaced by an agreed-upon order between the parties.
    20 June 2007
  • ZFS upgraded to AA-
    Standard & Poor’s (S&P) has raised its counterparty credit and insurer financial strength ratings on Zurich Financial Services (ZFS) from A+ to AA- citing the group’s “major and sustained improvements” in its operating performance.
    19 June 2007
  • Fortress says Alea bid is now unconditional
    New York based hedge fund Fortress Investment Group said last week its offer to buy defunct run-off insurer Alea Group Holdings Ltd had gone unconditional after receiving irrevocable undertakings from 61 percent of shareholders.
    18 June 2007
  • Lloyd’s appoints international markets director
    Lloyd’s has appointed Jose Ribeiro as its new director of International Markets and Business Development following the departure of Julian James earlier this year.
    18 June 2007
  • AIG sues Greenberg and Smith for $1bn
    Giant US insurer American International Group (AIG) filed a $1bn lawsuit against its former CEO Maurice “Hank” Greenberg and ex-CFO Howard Smith last week.
    18 June 2007
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