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There are 68,936 results that match your search.68,936 results
  • Aspen in pioneering $420mn recoverables securitisation
    Bermudian (re)insurer Aspen Insurance Holdings Ltd has taken the innovative step of wrapping a credit derivative structure around a portfolio of its reinsurance recoverables, in a $420mn transaction with investment bank Deutsche Bank.
    06 December 2006
  • Endurance upgraded to A by S&P
    In a year that has seen ratings upgrades outstrip downgrades for the first time since 2000, Standard & Poor's (S&P) has upgraded Bermudian (re)insurer Endurance Specialty Holdings Ltd from A- to A in response to growth in its US excess and surplus platfor
    06 December 2006
  • AIG and Starr reach settlements
    US giant American International Group (AIG) and CV Starr, the managing agency controlled by its former chairman and CEO Maurice “Hank” Greenberg, have settled the legal disputes stemming from the termination of their business relationship.
    06 December 2006
  • Ascot boosts capacity to £625mn
    Lloyd’s insurer Ascot Underwriting has confirmed plans to increase capacity on its Syndicate 1414 by 13.5 percent to £625mn for the 2007 underwriting year.
    05 December 2006
  • Competition Commission formally clears Lloyd’s merger
    The UK’s Competition Commission have ratified their decision to approve the acquisition of CBS Private Capital by rival Hampden Agencies Ltd.
    04 December 2006
  • Attorney generals tell insurers to stop contingent commissions
    Three US state attorney generals have written to (re)insurers telling them that they must end special commissions to agents and brokers as agreed in an earlier settlement.
    04 December 2006
  • Willis loses senior figure as Colraine steps down
    Willis Group Holdings Limited is to lose a member of its senior management as the broker confirmed that Tom Colraine is to leave the firm after 18 years.
    04 December 2006
  • Benfield sells Lancashire stake
    Benfield Group has gained $19.5mn from the sale of its “Class of 2005” reinsurer Lancashire Holdings last week.
    04 December 2006
  • Hiscox confirms $360mn Panther Re sidecar
    Hiscox plc has become the first Lloyd’s insurer to carry out a sidecar transaction, confirming its Syndicate 33 has entered into a quota share reinsurance arrangement with $360mn Bermudian reinsurance vehicle Panther Re, a deal first revealed in the Octob
    04 December 2006
  • Lockton International swoops for FINPRO head
    Lockton International, the former international operations of insurance broker Alexander Forbes, has swooped for the head of Marsh’s financial and professional lines operations, Neil Nimmo.
    04 December 2006
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