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There are 68,953 results that match your search.68,953 results
  • Stone Point Capital agrees to buy AXA Re
    Stone Point Capital, the former private equity arm of MMC, has agreed terms to acquire the business of AXA Re and form a new reinsurer, Paris Re. AXA Re's parent AXA SA will take a stake of between 5 and 10 percent in Paris Re Holdings Ltd...
    10 April 2006
  • Lloyd's results reveal tale of two halves
    As the hurricane season raged last year, Lloyd's proudly revealed that it had made a £1.38bn profit in the first half of 2005. The impact of hurricanes Katrina, Rita and Wilma (KRW) was unlikely to see the performance sustained, but the Society's...
    10 April 2006
  • Regulation threatens profitability, warns Mazars survey
    Regulation doesn't benefit clients and only threatens profitability, according to a survey of insurance brokers conducted by accountancy and advisory firm Mazars. The findings, published last Thursday (6 April), reveal that the majority of brokers...
    10 April 2006
  • Commission approves Talanx's Gerling acquisition
    Talanx's proposed acquisition of the German insurer Gerling Group has been approved by the European Commission - but only if it spins-off its pharmaceutical liability insurance operations. Following the announcement last year of the agreed sale...
    10 April 2006
  • Carvill launches new hurricane index
    Reinsurance broker Carvill has published details of a new index to measure hurricane damage, the Hurricane Damage Potential Index (HDPI). Carvill says that the HPDI will give a more accurate measure of a hurricane's potential to cause damage than...
    10 April 2006
  • XL to float financial guaranty arm
    Bermudian giant XL Capital is to float its financial guaranty business in an initial public offering (IPO) on the New York Stock Exchange, the (re)insurer revealed in a statement on 7 April. Funds raised will be used to boost capital and to...
    10 April 2006
  • Collins quits JLT
    UK-listed broker Jardine Lloyd Thompson Group plc (JLT) revealed on 5 April that Dominic Collins, executive chairman of its JLT Risk Solutions division, has resigned after more than 20 years with the company. The move follows plans for a restructure...
    10 April 2006
  • Reinsurance sector stable says S&P
    Ratings agency Standard & Poor's (S&P) announced on 5 April that it has revised its outlook on the reinsurance sector from negative to stable. S&P placed the reinsurance industry on negative outlook on 28 September last year in the aftermath of...
    10 April 2006
  • G6 and brokers in ACORD
    The G6 group of Lloyd's insurers announced last Wednesday that it has agreed new electronic processes with four major brokers using the internationally recognised ACORD data standards. The G6 or "gang of six" comprises an alliance between...
    10 April 2006
  • Stone Point Capital agrees to buy AXA Re
    Stone Point Capital, the former private equity arm of MMC, has agreed terms to acquire the business of AXA Re and form a new reinsurer, Paris Re. AXA Re’s parent AXA SA will take a stake of between 5 and 10 percent in Paris Re Holdings Ltd...
    07 April 2006
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