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There are 68,953 results that match your search.68,953 results
  • Quanta counts cost of run-off
    Distressed insurance company Quanta Capital Holdings Ltd revealed a $42.9mn loss for the second quarter and said it was talking to its bankers after defaulting on its credit facility following the rating downgrades earlier this year.
    14 August 2006
  • Capita secures Chaucer claims deal
    Capita Insurance Services, part of the UK outsourcing giant, Capita Group plc, announced on 10 August that it had secured a deal to process claims for Chaucer Syndicates.
    14 August 2006
  • Lloyd's updates on Strategic Plan
    No capital differential for 2007, but performance framework on track As well as ruling out the formation of an admitted lines US insurer – at least for now – Lloyd's last week (10 August) provided a comprehensive progress report on the initiatives...
    14 August 2006
  • Lloyd's rules out forming US admitted insurer
    Lloyd's has ruled out creating a fully-fledged US insurance company - an idea that was floated as part of the three-year strategic plan delivered in January.
    14 August 2006
  • Wade remains hopeful on Tiger Re
    Michael Wade continues to look at options for the proposed reinsurance venture, Tiger Re that, if successful, could see the veteran Lloyd’s figure return once again to the London market.
    14 August 2006
  • WFUM creditors to vote in October
    The proposed manager of the WFUM Pools Scheme of Arrangement, PRO Insurance Solutions, has issued scheme documentation and announced that the creditor voting meetings will take place on 27 October 2006.
    14 August 2006
  • Willis poaches JLT D&O team
    Willis Group has confirmed that it has recruited a team of Jardine Lloyd Thompson's (JLT) Financial and Professional lines brokers led by Julian Martin, the recent leader of JLT's UK D&O team.
    14 August 2006
  • PXRE heads for run-off after net income plummets
    Beleaguered Bermudian reinsurer PXRE Group admitted it was heading towards run-off after announcing on 8 August that its net income had slipped to $2.1mn for the second quarter.
    14 August 2006
  • AXIS powers to record Q2 profit
    Bermudian powerhouse AXIS Capital reported record second quarter net income of $223.4mn, or $1.37 a share, up 29 percent on the prior-year period on the back of increased investment income on 7 August.
    14 August 2006
  • US sale key to Converium upgrade
    If Converium can sell-off its discontinued US arm, Converium North America, then it is likely to spark an upgrade by Standard & Poor's back to the longed-for A territory.
    14 August 2006
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