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There are 68,951 results that match your search.68,951 results
  • 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
  • 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
  • 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
  • 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
  • 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
  • Allstate continues orderly succession
    US insurer Allstate Corp announced the next phase of its leadership succession plan on 9 October, with George Ruebenson set to take over from Thomas Wilson as president of Allstate Protection.
    16 October 2006
  • Snook leads Markel defections to Navigators
    Stephen Snook has led a four-man team from Markel International to form a UK property team at Navigators.
    16 October 2006
  • Moody’s completes SCOR’s A revival
    Moody’s Investors Service became the latest rating agency to upgrade French (re)insurer SCOR to the all-important “A” territory on 13 October.
    16 October 2006
  • Risk gap widening - Aon
    The risk gap is widening for insurers who are taking less premium for more risk, leading to significant concern about sustaining their profitability levels, according to Aon’s ‘2006 European Property, Liability and D&O Report’.
    16 October 2006
  • Swiss Re buys GE Life
    Giant reinsurer Swiss Re has agreed to acquire General Electric’s GE Life businesses for £465mn, it announced on 13 October. Swiss Re said the transaction would provide further scale and infrastructure for Swiss Re’s Admin Re business in the United Kingd
    16 October 2006
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