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There are 68,963 results that match your search.68,963 results
  • GoshawK raises hurricane losses
    Failed (re)insurer GoshawK has today (3 January) announced increased provisions at its Bermudian subsidiary Rosemont Re for losses arising from last autumn’s hurricanes and prior-year legacy issues.
    03 January 2006
  • AIG subsidiary sued over liability claims
    AIG subsidiary National Union Fire Insurance Co of Pittsburgh is being sued by Gemstar-TV Guide International (Gemstar) for $50mn over liability cover the US media company says it has for claims arising out of lawsuits over inflated revenues.
    03 January 2006
  • ‘Judicial Hellholes’ – named and shamed
    The annual report of “Judicial Hellholes” has been published by the American Tort Reform Association (ATRA) naming and shaming the worst jurisdictions in the USA. ATRA defines “Judicial Hellholes” as places where “judges systematically apply laws and..
    03 January 2006
  • European floods cost (re)insurers EUR1.25bn
    A report by Guy Carpenter has put the total insured loss from last year’s flooding in central and eastern Europe at EUR1.25bn.
    03 January 2006
  • Swiss Re cashes in on Admin Re future profits
    Reinsurance giant Swiss Re last week (28 December) announced that it had completed a second deal securitising future profits from a portfolio of US insurance policies bought up by its Admin Re division.
    03 January 2006
  • Glacier Re raises $50mn
    Swiss reinsurer Glacier Re announced on 21 December that it has raised $50mn in new capital.
    03 January 2006
  • Beazley shelves plans for new syndicate
    Lloyd’s insurer Beazley announced on 23 December it has scrapped plans to form a new short-tail property reinsurance syndicate after failing to get the required support from investors for the initiative.
    03 January 2006
  • AM Best affirms ratings on Bermudian (re)insurers
    Ratings agency AM Best affirmed the crucial A- financial strength ratings of Bermudian (re)insurers Quanta and PXRE in time for the renewal season. Ratings for both companies remain on negative outlook.
    03 January 2006
  • Massey joins Amlin Credit
    Amlin Credit, the trade credit insurance arm of UK listed insurer Amlin plc, today (3 January) announced the appointment of Ray Massey as its new risk director.
    03 January 2006
  • Mackenzie latest to leave AM Best
    Mike Mackenzie has become the latest senior figure to part company with rating agency AM Best’s European operation. Mackenzie resigned his position as general manager of European business development.
    03 January 2006
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