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There are 68,783 results that match your search.68,783 results
  • 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
  • Allianz receives ratings boost - despite banking critics
    Despite recent negative comments from analysts on the performance of its banking arm, Allianz received a boost from Standard & Poor's (S&P) last week, as the agency upped its outlook on the insurer to positive and affirmed its AA- financial strength...
    24 April 2006
  • Amlin raises £230mn debt
    Lloyd's insurer Amlin has conditionally agreed to raise £230mn through a long-term debt issue in order to refinance its expansion into Bermuda. Amlin intends to use the two-tier subordinated notes in order to refinance existing loans and letters of...
    24 April 2006
  • New San Francisco quake would cost insurers $80bn - RMS
    A repeat of the 1906 San Francisco earthquake could total $80bn in insured losses, according to catastrophe modelling firm Risk Management Services (RMS). RMS analysed the effects that an earthquake with a magnitude of 7.9 on the Richter scale would...
    24 April 2006
  • Insured US losses at $1.38bn for first quarter
    US property casualty insurers are expected to pay out approximately $1.38bn in insured losses for the first quarter of the year, according to ISO's Property Claim Services. The losses are the result of damages to homes, commercial properties and...
    24 April 2006
  • SVB scheme over first hurdle
    Lloyd's insurer SVB is on course to executive its restructuring plan after its proposed scheme of arrangement to introduce a new listed holding company, Novae Group plc, was approved in a court ordered meeting today (24 April).
    24 April 2006
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