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AXA in the pink on sales recovery
Paris headquartered insurer Axa has reported a modest increase in its 2004 sales, helped by a recovery in American life and savings revenues and premium gains from its P&C business.
31 January 2005
NFIP faces further delays
The protracted reform of the National Flood Insurance Program could face further delays due to the Senate's current legislative timetable.
08 November 2011
SCOR buys life reinsurer Revios for $775mn
French (re)insurer SCOR has agreed to buy German life reinsurer Revios in a $775mn transaction.
05 July 2006
Alea sells renewal rights to AAR unit
Embattled (re)insurance group Alea Group Holdings has sold the renewal rights of its US primary programme business written by its Alea Alternative Risk (AAR) subsidiary to New York based AmTrust Group in a deal likely to be worth between $20mn-$40mn.
22 November 2005
AIG subscribes to PICC offer
Chinese insurer PICC Property & Casualty Company aims to raise HK$6.14bn ($787mn) from a rights issue which is being supported by cornerstone shareholder American International Group (AIG).
30 November 2011
Hiscox ties up with AEGIS on cyber risk
Hiscox has teamed up with AEGIS in a strategic partnership that will allow the Lloyd's insurer to offer its privacy protection product to the Bermuda-based energy
27 October 2008
AIG restates again after $500mn discovery
American International Group (AIG) is to restate its financials for the second time this year after finding an additional £500mn of income through accounting errors.
09 November 2005
Schemes face US collateral requirements obstacle
Reinsurers wishing to utilise solvent schemes of arrangement involving US cedants have been dealt a blow by a provision in the proposed framework setting collateral requirements for non-US entities.
13 January 2009
Cavell USA and Dukes
The 6 October saw Randall & Quilter (R&Q) affiliate Cavell USA launch its UK offensive against private equity owned Seaton Insurance Co and Stonewall Insurance Co in the English Commercial Court for alleged breach of...
07 October 2008
Dewey finally folds
Dewey & LeBoeuf has finally filed for Chapter 11 bankruptcy in New York and placed its separate UK-incorporated entity into administration.
31 May 2012
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