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There are 67,395 results that match your search.67,395 results
  • Hiscox resolves WTC cloud
    Quoted Lloyd's insurer Hiscox plc announced bullish trading figures on 21 August and took the opportunity to resolve the growing uncertainty over its World Trade Center provisions. The insurer announced it was increasing its WTC loss reserves for the s
    01 August 2003
  • Alea retains run-off company LCL Group
    LCL Group, the London based run-off group acquired by Charles Taylor Consulting plc last year, has been retained to advise Alea Group to run-off its European and US operations. The move follows Alea’s decision to cease underwriting...
    06 February 2006
  • Fitch: reinsurers could sustain $60bn single loss
    As the global reinsurance industry prepares for its annual gathering in Monte Carlo next week, Fitch Ratings said its outlook for the sector remains "stable", reflecting its ample capital and a lack of cat losses this year
    03 September 2012
  • Bermuda increases presence on world’s largest reinsurance contract
    Bermudian (re)insurers are expected to play a bigger part in the world’s largest reinsurance contract for the International Group of P&I Clubs as broker Miller Insurance takes the programme to market ahead of next month’s renewal.
    12 January 2007
  • AIG's falling share price prompted Gen Re finite deal
    It was former CEO Maurice "Hank" Greenberg's concern over the falling share price of American International Group Inc (AIG) that prompted an allegedly sham finite reinsurance deal with Gen Re, a US court was told earlier this month.
    14 January 2008
  • Former Gen Re executive lifts lid on finite transaction
    Former General Re senior vice president Richard Napier has lifted the lid on the allegedly sham finite reinsurance deal with American International Group.
    14 January 2008
  • Buffett builds Munich Re stake
    Berkshire Hathaway has bought one million shares in German giant Munich Re in the last six months, according to reports.
    10 April 2008
  • Swiss Re completes FPK sale
    World's largest reinsurer Swiss Re announced last week that it has completed the sale of its stake in specialist financial services investment bank Fox-Pitt, Kelton (FPK) to its employees and a consortium led by hedge fund investor JC Flowers & Co.
    03 July 2006
  • EC block exemption promotes competition, says trade body
    European insurance trade body the Comité Européen des Assurances (CEA) has urged the European Commission (EC) to retain the industry’s block exemption from certain anti-competition rules, arguing it actually promotes competition.
    16 April 2007
  • Fairfax announces Wilma losses
    Canadian combine Fairfax Financial Holdings announced on 23 November estimates of $200mn pre-tax group losses caused by Hurricane Wilma. Although the figure falls to $112mn after tax Fairfax added that calculations could not be made with “a high...
    28 November 2005
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