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There are 68,813 results that match your search.68,813 results
  • Alea sells renewal rights to AAR unit
    Embattled (re)insurance group Alea Group Holdings has sold the renewal rights of its US primary programme business written by its Alea Alternative Risk (AAR) subsidiary to New York based AmTrust Group in a deal likely to be worth between $20mn-$40mn.
    22 November 2005
  • Hurricanes to push Wellington into an underwriting loss
    The burden from this year’s US storms will push quoted Lloyd’s insurer Wellington Underwriting plc into an underwriting loss for the year, the company revealed last week. According to the insurer – which underwrites through Lloyd’s Syndicate 2020...
    21 November 2005
  • Crawford expands China operation
    Loss-adjusting form Crawford & Company is to expand its Chinese business with a 25 percent stake in Tino Insurance Surveyors & Adjusters. And the company plans to take full managerial control of the firm subject to Chinese regulatory approval.
    21 November 2005
  • Reinsurance industry has poor track record in M&A
    But bigger is not necessarily better as competitors look to move in… In a press conference last Friday (18 November), Swiss Re’s incoming CEO Jacques Aigrain highlighted the “remarkable fit” between his company and the (re)insurance operations of GE.
    21 November 2005
  • Swiss Re to challenge history with record GE deal
    If its proposed acquisition of GE Insurance Solutions concludes without a hitch next summer, Swiss Re will be able to proclaim itself as the biggest reinsurer on the planet, leapfrogging its rival, Munich Re. Based on 2005 estimates, the combined...
    21 November 2005
  • ARC Congress set for March
    The Association of Run-Off Companies (ARC) will hold their 7th Annual Congress themed “Whose market is it anyway?” on 7-8 March 2006. The conference will be held in London and aims to bring together professionals from all fields that are involved in...
    21 November 2005
  • Aon considers offloading underwriting business
    US broker Aon has announced that it will be exploring alternatives for its property and casualty underwriting business Combined Insurance Co as it continues to restructure. Aon, and rival brokers Marsh and Willis, have been forced to look at means...
    21 November 2005
  • Start-up Greenlight Re heads for the Cayman Islands
    Greenlight Re will become the twelfth new reinsurance start-up since Hurricane Katrina after being announced by Greenlight Capital boss, David Einhorn, at a New York conference last Tuesday (15 November). The new company has already received a...
    21 November 2005
  • AXIS announces further capital boost
    Bermudian (re)insurer AXIS Capital revealed today (21 November) further cash raising initiatives with the sale of £250mn in preference shares, less than a week after it announced the sale of 6.8 million common shares in a block trade and taking its...
    21 November 2005
  • Monrad resigns from TIAA-CREF
    Elizabeth Monrad, the former chief financial officer of General Re, has as resigned her role as CFO at New York-based financial services organisation TIAA-CREF. After receiving a Wells Notice on May 10 Monrad took a leave of absence in May “to...
    21 November 2005
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