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There are 68,806 results that match your search.68,806 results
  • AIG parts company with another Starr agency
    Giant insurer American International Group (AIG) has formed a new unit, AIG Specialty Excess, in order to handle all in-force, new and renewal business currently handled by CV Starr & Co agency, a subsidiary of CV Starr & Co, Inc.
    28 February 2006
  • Chaucer updates renewals and forecasts
    Listed Lloyd’s insurer Chaucer reported today (28 February) that it has written £125.8mn of premium, net of brokerage, during January renewals. The premiums are up from January 2005’s figure of £110.3m and represents approximately...
    28 February 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 this morning (28 February), the company – which has been...
    28 February 2006
  • Quanta complies following board appointments
    Bermudian-headquartered (re)insurer Quanta has appointed Roland Baker and Robert Shapiro to its board of directors. Both men were also appointed to the board’s audit committee, Baker will join the compensation committee while Shapiro will join the...
    27 February 2006
  • Minnesota sues AIG for $10mn
    Insurance giant American International Group (AIG) is facing a lawsuit from Minnesota attorney general Mike Hatch, raising the spectre of further action from states dissatisfied with AIG’s recent $1.6bn payout. Hatch is seeking up to $10mn...
    27 February 2006
  • Judgment awaited in JLT film finance trial
    The film finance trial between defunct insurer HIH and its broker JLT Risk Solutions came to an early conclusion last week. As predicted in this month’s The Insurance Insider the trial ended early after the withdrawal by of fraud allegations by HIH.
    27 February 2006
  • Hyperion almost doubles profits; boosted by £5.1mn capital placement
    Fast expanding Hyperion Insurance Group reported a double boost today with the announcement of an almost doubling of profits followed by news of a £5.1mn capital placement in the insurance group. Hyperion reported full-year profits of £4.03mn for...
    27 February 2006
  • Platinum profits blown away
    Bermudian Platinum Underwriters Holdings became the latest reinsurer to announce hurricane-affected losses in its fourth quarter and full-year results for 2005. Platinum reported net losses of $103.3mn, or $1.94 per basic common share, and a net loss..
    27 February 2006
  • Advent increases Wilma loss estimates
    Lloyd’s reinsurer Advent Capital (Holdings) plc has increased its Hurricane Wilma net loss estimates and is predicting a midpoint loss of 77.5 percent of capacity on its Syndicate 780’s 2005 underwriting year. The catastrophe reinsurance specialist...
    27 February 2006
  • Worst of hurricanes not over yet
    Although 2005 was the costliest year ever for (re)insurers in terms of natural catastrophes and specifically hurricanes, reports from European giants Munich Re and Swiss Re have warned that the industry should brace itself for similar events in the...
    27 February 2006
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