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There are 68,812 results that match your search.68,812 results
  • Broker commissions to be tested following RK Carvill/XL dispute
    The question of whether reinsurers or reinsureds are liable to pay premiums to their brokers could be tested in the UK courts again this year when Absalom v TCRU reaches trial. The obligation appeared to have shifted to the reinsured during last...
    23 January 2006
  • IPCRe reveals Wilma loss at $105mn
    Bermudian property catastrophe reinsurer IPCRe has today (23 January) revealed a modest increase in the estimated impact from hurricanes Katrina and Rita, together with an estimated net impact of $105mn from Hurricane Wilma, after reinstatements.
    23 January 2006
  • Kanak resigns from AIG
    World’s biggest insurer American International Group (AIG) announced last night (18 January) that its executive vice chairman and chief operating officer Donald Kanak is leaving the company at the end of the month, after less than a year in the role.
    19 January 2006
  • Swiss Re to cut up to 1,700 jobs
    Swiss Re is planning to shed 10-15 percent of its workforce after completing the takeover of GE Insurance Solutions (GEIS) in a $7.6bn deal.
    18 January 2006
  • Converium overhauls board of directors; key shareholder reduces stake
    Seven changes are expected to Converium’s board of directors when shareholders meet in April for the company’s Annual General Meeting.
    18 January 2006
  • Marsh makes management moves
    World’s largest broker Marsh last week announced three senior appointments, including the capture of James Pierce Jr from rival JLT to chair its global marine and energy division.
    16 January 2006
  • HCC upbeat on 2006 targets
    Management at HCC have confidently predicted that the firm will achieve, or better, its consensus earnings of $2.55 per share for 2006.
    16 January 2006
  • Allstate trebles reinsurance
    Hurricane-hit US insurer Allstate has trebled the cost of its reinsurance programme from $200mn to $600mn as it changes strategy to prevent a repeat of 2005’s losses having the same negative impact.
    16 January 2006
  • AIG expected to settle for over $1bn
    World’s largest insurance company American International Group (AIG) is expected to pay over $1bn in order to settle fraud investigations by US authorities, according to a report in the Wall Street Journal (WSJ). In May last year New York attorney...
    16 January 2006
  • Amalfi up and running in London market
    Last Friday (13 January) saw the launch of specialist lines underwriting agency Amalfi Underwriting Ltd in the London market, with a target to write $25mn of premium income in its first year.
    16 January 2006
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