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There are 68,940 results that match your search.68,940 results
  • FSA approves Chevanstell sale
    The Financial Services Authority (FSA), the UK regulatory body, has approved the sale of run-off (re)insurer Chevanstell to an investor group little more than two months after the deal was first announced.
    13 November 2006
  • Hannover Re gets China approval for life
    German reinsurer Hannover Re has become the latest company to be granted a licence by the China Insurance Regulatory Commission, enabling it to write life and health reinsurance in the People’s Republic of China.
    13 November 2006
  • Munich Re ups profit forecast on benign cat year; EUR1bn share buy-back
    Munich Re, the world’s second largest reinsurer, raised its full-year earnings forecast and announced its first ever share buy-back on 7 November as it became the latest industry carrier to benefit from the benign claims season.
    13 November 2006
  • Glacier Re launches Liechtenstein primary insurer
    Glacier Re, the Swiss reinsurer backed by legendary investor George Soros and US hedge fund HBK Investments, has formed a separately capitalised insurance company, Glacier Insurance.
    13 November 2006
  • PXRE still searching to avoid run-off
    Troubled Bermudian reinsurer PXRE reported a small third quarter net profit last week (8 November) as it said it continues to look for alternatives to what looks to be an increasingly inevitable slide into run-off.
    13 November 2006
  • Revenues up at private equity target USI
    US broker USI Holdings reported a 3.5 percent increase in third quarter revenues to $131.7mn as it announced income from continuing operations of $8.5mn last week (9 November).
    13 November 2006
  • R&SA in line with 3Qs; buys UK agency
    Resurgent UK insurer Royal & Sun Alliance (R&SA) reported steady third quarter earnings with a group combined operating ratio of 93.1 percent and an operating result up 21 percent to £590mn (analysts’ consensus £592mn).
    13 November 2006
  • Names class-action suit dismissed
    A High Court judge dismissed a class-action lawsuit brought by Lloyd’s Names against the UK government for the financial losses that hit them during the 1980s and 1990s on 9 November.
    13 November 2006
  • UK trial date set for ‘Independent Three’
    The trial of the ‘Independent Three’ former directors of the collapsed UK insurer Independent Insurance, has been set down for 14 May 2007 at Southwark Crown Court, according to the Serious Fraud Office.
    13 November 2006
  • London pushes ahead with electronic claims file
    The legal wrangle surrounding contract wordings for the electronic claims file (ECF) has been resolved as the Market Reform Group (MRG) has reached agreement with key market bodies on the procedural rules which will underpin the use of the Insurers' Marke
    13 November 2006
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