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There are 68,809 results that match your search.68,809 results
  • Swiss Re sells Fox-Pitt, Kelton
    World’s largest reinsurer Swiss Re confirmed last week that it has agreed to sell most of its stake in specialist financial services investment bank Fox-Pitt, Kelton (FPK) to its employees and a consortium led by hedge fund investor J.C. Flowers & Co.
    13 February 2006
  • Court of Appeal restores normality in GoshawK decision
    The UK Court of Appeal sent a sigh of relief among London market insurers last week after over-turning last year’s controversial GoshawK vs Tyser decision which ruled brokers were not obliged to produce documents previously shown to underwriters.
    13 February 2006
  • SVB unveils plan to form a new UK insurer
    SVB, the Lloyd’s based insurer wrestling with its legacy of US professional liability (re)insurance losses, revealed bold plans on the 10 February to form a new UK-based insurance company while finally dealing with its back-year losses.
    13 February 2006
  • HCC beats hurricanes; report record results
    US insurer HCC Insurance Holdings has reported record results for 2005 shrugging off $57.5mn hurricane reverse to record $195.9mn net earnings for the year. Net earnings were up 20 percent for the year and 18 percent up for the final quarter of 2005...
    13 February 2006
  • Hurricanes hit Fairfax hard
    Canadian combine Fairfax Financial Holdings announced heavy losses as a result of a hurricane-hit year of $497.9mn for 2005 and $318.1mn for the final quarter. The adverse affect of hurricanes Katrina, Rita and Wilma on Fairfax...
    13 February 2006
  • SVB unveils plan to form a new UK insurer
    SVB, the Lloyd’s based insurer wrestling with its legacy of US professional liability (re)insurance losses, revealed bold plans today (10 February) to form a new UK-based insurance company while finally dealing with its back-year losses.
    10 February 2006
  • AIG settles investigations for $1.6bn
    American insurance giant AIG will today (9 February) announce a settlement of $1.6bn, resolving deception and accounting fraud charges with federal and state authorities.
    09 February 2006
  • Willis profits down 30 percent for 2005
    Broker Willis has reported profits of $300mn for 2005, down 30 percent from $427mn the previous year on higher costs and the loss of so-called Placement Service Agreements or contingent commissions.
    09 February 2006
  • Lloyd’s head of strategy exits
    Only a month after Lloyd’s unveiled an ambitious three-year strategic plan, the Corporation has parted company with its head of business strategy. Since joining Lloyd’s in 2003, Stuart Degg led the development of Lloyd’s repositioning itself...
    09 February 2006
  • Hannover renewals call divides analysts
    Analysts were divided in their reaction to the January renewal season advice that Hannover Re released yesterday (7 February) with a EUR11 difference in price targets set on its stock. The German reinsurer summed up this year’s renewal season...
    08 February 2006
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