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There are 68,946 results that match your search.68,946 results
  • Novae merges syndicates for 2007
    Novae Group plc’s Lloyd’s platform today announced it will merge its Syndicates 1007 and 2147 for the 2007 year of account.
    23 October 2006
  • Converium edges closer to upgrade
    Ratings agencies have responded positively to Converium’s $295mn sale of its US operations to National Indemnity on 17 October.
    23 October 2006
  • AM Best surprises with Catlin stance
    Recently, AM Best appears to be singing from a different song sheet to that of the other rating agencies.
    23 October 2006
  • S&P: Hurdles remain before Lloyd’s upgrade
    Standard & Poor’s (S&P) was the first rating agency to respond to news of the proposed reinsurance deal between Equitas and Berkshire Hathaway by signaling the possibility of an upgrade in Lloyd’s financial strength rating.
    23 October 2006
  • Equitas agrees $7bn deal with Berkshire Hathaway
    In a landmark transaction, Lloyd’s run-off vehicle Equitas has agreed a $7bn reinsurance deal with Berkshire Hathaway which, once completed, will bring finality to the vehicle.
    20 October 2006
  • Equitas Names in line for windfall
    Few of the 34,000 Lloyd’s Names who reinsured themselves into Equitas in 1996 probably thought it would happen, but it is now possible they will receive a premium following today’s transaction with Berkshire Hathaway.
    20 October 2006
  • Berkshire Hathaway back to asbestos in mammoth deal
    Today's (20 October) $7bn deal between Equitas and Berkshire Hathaway lays a framework for reinsured Names and Lloyd's to achieve finality for pre-1993 liabilities and, if completed, nearly doubles the assets available to the run-off vehicle.
    20 October 2006
  • AM Best places Catlin rating under negative review
    Bermuda-based insurer Catlin Insurance Company Ltd had its A financial strength rating placed under review with negative implications by rating agency AM Best today (19 October).
    19 October 2006
  • Endurance pulls out of offshore energy
    Bermudian-headquartered Endurance Specialty Holdings is pulling out of the offshore energy market and parting company with Paul Upton, who ran the business out of its London subsidiary, The Insurance Insider can reveal.
    17 October 2006
  • Converium sells US operations
    The Swiss reinsurer Converium has agreed to sell its US operations to Berkshire Hathaway for $295mn, paving the way for a possible upgrade of the company.
    17 October 2006
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