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There are 68,930 results that match your search.68,930 results
  • S&P upgrades Munich Re to AA-
    Munich Re has regained its targeted AA- rating from Standard & Poor’s (S&P) today (22 December) with the rating agency upgrading the German giant from A+ and assigning a stable outlook.
    22 December 2006
  • SCOR boosts retro cover with EUR120mn cat bond
    In a record year for securitisation in the sector, French reinsurer SCOR has become the latest (re)insurer to issue a catastrophe bond, with its EUR120mn Atlas III transaction to cover against European windstorm and Japanese earthquake losses.
    22 December 2006
  • Munich Re launches $190mn cat bond for ZFS
    Munich Re has made its latest foray into the world of reinsurance securitisation with the launch of a $190mn cat bond on behalf of Zurich Financial Services Group (ZFS) to cover Californian earthquake risks.
    22 December 2006
  • Spitzer continues to target contingent commissions
    Despite his imminent departure to Albany, the New York attorney general Eliot Spitzer has filed a lawsuit against Acordia Inc accusing the US’ fifth largest insurance broker of illegally steering business to companies who paid them kickbacks.
    21 December 2006
  • Swiss Re: 2006 cats cost industry just $15bn
    After last year’s record catastrophe insured losses of more than $100bn, the benign conditions of 2005 look like costing the (re)insurance industry just $15bn in losses from natural and man-made catastrophes, according to preliminary figures from Swiss Re
    20 December 2006
  • Hilb Rogal & Hobbs buys Glencairn
    The trend for US retailers acquiring London market platforms has continued with Hilb Rogal & Hobbs (HRH) buying Glencairn Ltd.
    20 December 2006
  • Ironshore expected to go live with $1bn in capital
    An additional $1bn of US property catastrophe focused capital will be provided following the imminent launch of Ironshore Ltd, The Insurance Insider can reveal.
    20 December 2006
  • Best keeps Catlin on negative despite takeover confirmation
    Apparent tensions between Catlin Group and AM Best have re-surfaced with the rating agency confirming today (20 December) it would maintain its review with negative implications of the insurer’s rating despite the unconditional declaration earlier this we
    20 December 2006
  • Two settle over PNC accounting scandal
    Two executives have settled with the Securities and Exchange Commission (SEC) over their roles in the 2001 accounting scandal said to have inflated PNC Financial Corp’s earnings by concealing $762mn in potential liabilities.
    18 December 2006
  • Stone Point nets $103mn on Axis shares
    Stone Point Capital managed fund Trident II is selling off 3 million shares it holds in Bermudian powerhouse Axis Capital Holdings in a block trade.
    18 December 2006
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