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There are 68,778 results that match your search.68,778 results
  • Fortress Re founder dies
    Maurice Sabbah, a co-founder of the controversial aviation reinsurance pool Fortress Re, died last week at the age of 77. Sabbah, together with the colourful Kenny Kornfeld, became a dominant force in aviation reinsurance through its North-Carolina...
    24 April 2006
  • Allstate first quarter income up 26 percent
    America's second largest personal line insurer, Allstate reported a 26 percent jump in its first quarter profits on 18 April. Net income totalled $1.42bn, or $2.19 per share, for the first three months of 2006, up from $1.12bn, or $1.64 per share...
    24 April 2006
  • Rivera joins Fox at Praetorian
    Susan Rivera, one of Eliot Spitzer's biggest scalps when she resigned as head of ACE Group's US property & casualty operations last year, has returned to the industry as president of the Hannover Re Group's rebranded US specialty operations, Praetorian...
    24 April 2006
  • JP Morgan settles IPO case for $425mn
    Investment bank JP Morgan Chase has settled it initial public offering class action suit after agreeing in principle to pay $425mn. JP Morgan spokesman Joseph Evangelisti said an agreement had been reached in principle and that the settlement...
    24 April 2006
  • AJ Gallagher figures confirm tough broking environment
    Arthur J Gallagher was the first of the major brokers to publish its first quarter 2006 results last week - setting a scene of competitive trading conditions likely to be followed by its rivals over the next few weeks.
    24 April 2006
  • Judge rules Allstate flood exclusions are valid
    A federal judge has ruled that flood exclusions in Allstate's homeowners’ policies are "valid and enforceable" in Mississippi. Elmer and Alexa Buenta, whose home was badly damaged by tidal surge from Hurricane Katrina, sued the insurer after it...
    24 April 2006
  • Arch Re chief joins London panel to discuss catastrophe reinsurance
    Free invitation to attend executive reinsurance event. As warnings mount of another severe hurricane season, the chief executive of Arch Worldwide Reinsurance Group Marc Grandisson has agreed to present at The Insurance Insider's executive briefing...
    24 April 2006
  • Does London need a trading hub? Have your say...
    Our 2006 London Market survey continues to provide interesting feedback on the structure of the market, the demise of Kinnect, the rise of the "gang of six" and the possible solutions available to improve efficiencies in the market.
    24 April 2006
  • LCL extends interest in Isle of Man firm
    The run-off acquisitions firm LCL Acquisitions Ltd has completed its ownership of the Isle of Man insurance administration firm FIT Administration (IoM) Ltd. LCL - which was itself acquired by the London Stock Exchange quoted...
    24 April 2006
  • R&SA bolsters regulatory capital with bond swap
    UK insurer Royal & Sun Alliance (R&SA) last Thursday (20 April) announced plans to swap its US dollar subordinated bonds - so-called "Yankee Bonds" - for sterling perpetual guaranteed bonds to boost regulatory capital. Under the FSA's prudential...
    24 April 2006
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