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There are 68,813 results that match your search.68,813 results
  • Rating crisis could spell the end of mutuality, warns Philipps
    Charles Philipps has warned that Lloyd’s must preserve its security rating, or face disastrous consequences that would spell the end of the market in its current form.
    11 January 2006
  • Strachan demands ‘deal now, detail now’ in London
    An end to contract uncertainty has been demanded by the director of the Financial Services Authority’s (FSA) retail firms division David Strachan, as he reserved the right to intervene in the market.
    10 January 2006
  • Terrorism risk and insurer’s burden on the up
    Although TRIA continues to provide a vital backstop against extreme losses, industry experts have warned that terrorism risk remains high and the burden on reinsurers continues to grow. Catastrophe modelling firm Risk Management Services (RMS) has...
    09 January 2006
  • PXRE promotes Myron
    Bermudian reinsurer PXRE announced on 22 December that Robert P Myron has been promoted executive vice president, chief financial officer and treasurer of the group, replacing John Modin. Modin has chosen to pursue other opportunities, with his...
    09 January 2006
  • Deloitte & Touche Sompo settlement revealed
    Deloitte & Touche, the audit firm embroiled in the controversial collapse of aviation reinsurer Fortress Re, has paid out around $100mn to Japanese insurer Sompo as part of a litigation settlement.
    09 January 2006
  • ACE warns on outsourcing risks
    According to a report by ACE European Group Ltd (ACE), outsourcing IT systems increase a company's vulnerability to security breaches, and inevitably cause long-term harm to its business.
    09 January 2006
  • Hub International sells Talbot Financial
    US broker Hub International has sold San Francisco-based Talbot Financial to a group that includes four members of Talbot’s management team. Talbot, which offers a range of financial services to banks and financial institutions, was classified as...
    09 January 2006
  • Castlewood ties up Aioi Europe deal
    Bermuda-based run-off company Castlewood Holdings, together with Shinsei Bank, has bought Aioi Insurance Company of Europe (Aioi Europe) for £62mn. Aioi Europe, a London-based subsidiary of Japanese insurer Aioi Insurance Company, wrote the...
    09 January 2006
  • M&A activity to pick up in the life sector
    Investors can expect to see a rise in mergers and acquisitions (M&A) activity within the life sector over the next few years, according to a report from reinsurance giant Swiss Re. The report found that the need to consolidate had begun a busy phase...
    09 January 2006
  • European securitisation deals to keep growing
    The increasing use of securitisation transactions by European life insurers for finance and risk transfer is set to keep on growing, according to a report by Standard & Poor's (S&P). The report predicts that deals in the class will continue to rise...
    09 January 2006
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