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There are 68,805 results that match your search.68,805 results
  • Quanta counts cost of devastating downgrade; future bleak
    Shares in (re)insurer Quanta Capital Holdings Ltd collapsed last week after the company admitted it was putting itself up for sale following deteriorating losses and a downgrade by rating agency AM Best from the crucial A- to B++.
    06 March 2006
  • Berkshire hit with $3.4bn storms bill; Buffett paves way for succession
    Warren Buffett said the cost of Hurricane Katrina and “her ugly sisters, Rita and Wilma” cost Berkshire Hathaway a total of $3.4bn last year. The investment titan revealed the extent of Berkshire’s bill in his annual letter to the company’s...
    06 March 2006
  • Berkshire hit with $3.4bn storms bill; Buffett paves way for succession
    Warren Buffett said the cost of Hurricane Katrina and “her ugly sisters, Rita and Wilma” cost Berkshire Hathaway a total of $3.4bn last year. The investment titan revealed the extent of Berkshire’s bill in his annual letter to the company’s...
    06 March 2006
  • Foreman steps down at Wellington
    Lloyd’s insurer Wellington Underwriting plc has announced the retirement of its chief underwriting officer David Foreman in a statement to the London Stock Exchange this morning (6 March 2006).
    06 March 2006
  • Australian P&C gets stable outlook from Moody’s
    Ratings agency Moody’s says that the outlook for Australia's property and casualty insurance industry is stable. “The industry has registered a good underwriting performance in the last few years, largely due to its sound claims experience, driven...
    06 March 2006
  • London on target with contract certainty initiative
    The London market has exceeded its latest target laid-down in conjunction with UK regulator, the Financial Services Authority (FSA), to ensure contract certainty of policies agreed in December. According to the Market Reform Group (MRG) – the industry
    06 March 2006
  • Converium restates results
    Swiss reinsurer Converium has provided details of restated financial results following an internal review prompted by regulatory investigations into ‘finite’ reinsurance. In a statement on 28 February, the company – which has been attempting to...
    06 March 2006
  • Earnings up at Hub
    US broker Hub International reported a fourth quarter increase of 75 percent in its net earnings, which rose to $5.9mn. Revenue for the quarter was up 12 percent to $114.1mn, while revenue for the full-year was up 25 percent to $442.6mn.
    06 March 2006
  • London market companies recognised as UK best employers
    London market (re)insurers and brokers were recognised yesterday as some of the UK’s best companies to work for, according to the annual Sunday Times survey. The medical malpractice specialist Marketform Group came 26th out of the UK’s top 100 best...
    06 March 2006
  • Scade to head up Guy Carp A&H unit in London
    Ex Aon Re executive director Shaun Scade has joined Marsh’s reinsurance arm Guy Carpenter & Co Inc to head its accident & health specialty practice in London. Scade – who joins as a senior vice president – will report to Nick Frankland, the head of...
    06 March 2006
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