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There are 68,963 results that match your search.68,963 results
  • A 'Tale of Two Markets' for 2006 renewals
    Reports by two of the world's largest reinsurance brokers have found that the renewal season has so far been a "Tale of Two Markets". The reports from Willis Re and Guy Carpenter agreed that lines directly affected by hurricanes Katrina, Rita and...
    09 January 2006
  • Arch enters sidecar deal with Flatiron Re
    Bermudian Arch has become the latest (re)insurer to enter into a sidecar arrangement following the establishment of Flatiron Re, which has itself become the first vehicle of its kind to be rated by Standard & Poor’s (S&P).
    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
  • Katrina class action suit filed against State Farm
    A lawsuit has been filed on behalf of homeowners covered by an “all risk” policy with State Farm Fire and Casualty on 4 January as the fallout from Hurricane Katrina continues.
    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
  • Analyst boost for Beazley
    Lloyd’s insurer Beazley received a welcome boost from analysts Numis Securities after it failed to gain investor backing for a new syndicate last month. Numis has upgraded its rating on Beazley shares from ADD to BUY and increased its price target on..
    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
  • Advent completes £30mn rights issue
    Hurricane hit Lloyd's (re)insurer Advent confirmed on Friday (6 January) the completion of its £30mn share issue and the appointment of a new non-executive director following approval by shareholders at an extraordinary general meeting.
    09 January 2006
  • Marsh sued by bank over commissions
    US bank Marshall & Ilsley Corp (M&I) is suing Marsh parent MMC over accusations of overcharging premiums in relation to the contingent commission scandal that rocked the broking giant in October 2004.
    09 January 2006
  • Montpelier Re boosts capital to more than $1.4bn
    Bermudian reinsurer Montpelier Re has raised $100mn through a private sale of trust preferred securities boosting its total capital to over $1.4bn.
    09 January 2006
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