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US banks could face further $325bn sub-prime loss after margin calls
Wall Street banks could lose a further $325bn in capital due to deteriorating sub-prime US mortgages in the face of a "systemic margin call", according to JPMorgan.
10 March 2008
Chaucer to face 'predatory' interest, says analyst
Lloyd's insurer Chaucer is likely to be a target for Bermudian (re)insurers and private equity firms, according to Eamonn Flanagan at Shore Capital.
02 July 2007
Mexico reinsurers and cat bond escape quake losses
Modelling firm Eqecat estimates that the magnitude 7.4 earthquake that struck 300km south of Mexico City overnight on 20 March will cost the insurance industry less than $100mn.
26 March 2012
Top lines suffer as A J Gallagher and HRH feel softening market
US-based brokers Arthur J Gallagher & Co (AJG) and Hilb Rogal & Hobbs (HRH) disappointed analysts with first quarter profits down on expectations as the top line suffered from the impact of declining insurance rates.
26 April 2007
Edwards Angell mulls merger with London law firm
Insurance specialists Edwards Angell Palmer & Dodge LLP (EAPD) and London-based Kendall Freeman are understood to be close to reaching a merger deal, sources suggest.
26 October 2007
FSA prudential regulation - pressures build on Lloyd's insurers
Gary Izatt of the Alphabet Group looks at the effect new FSA requirements will have on managing agencies and the Society of Lloyd’s The next few years will see fundamental change sweep through the Lloyd's community as the Financial Services Authority
01 May 2003
Eqecat estimates Japan aftershock losses at under $100mn
Eqecat has estimated insured losses at under $100mn from Japan's two recent aftershocks, which had magnitudes of 6.9 and 5.7 respectively
15 March 2012
Hance hits back at Moody's Royal downgrade
UK insurer Royal and Sun Alliance (R&SA) has fought back against last week’s downgrade by ratings agency Moody’s, expressing its disappointment that “delivered improvements to date are not more fully taken into account.”
07 July 2003
Argonaut results benefit from PXRE merger
Negative goodwill arising out of the reverse merger of PXRE Group has boosted specialty (re)insurer Argo Group's 2007 results.
18 February 2008
Enstar to buy Copenhagen Re for $28mn
Bermuda-headquartered run-off manager Enstar has announced a definitive agreement to purchase defunct Danish reinsurer Copenhagen Re for $28mn, trumping fellow shortlisted bidders Compre and Catalina Holdings.
01 June 2009
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