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There are 68,813 results that match your search.68,813 results
  • 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
  • Omni Whittington demerges
    Omni Whittington is set to demerge its insurance and debt divisions enabling its insurance operations to grow internationally. A holding company, Whittington Group Pte, has been set up in Singapore with net assets of $80mn. The majority of the new...
    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
  • Dawson parachuted in to head GoshawK
    Defunct insurer GoshawK Insurance Holdings plc has parachuted in a new management team and floated the possibility of a $15-20mn fund raising as it plans an orderly run-off. Michael Dawson – the former chief executive of Cox Insurance – has become...
    21 November 2005
  • Montpelier Re agrees $1bn LOC
    Montpelier Re – the Bermudian catastrophe specialist devastated by losses from the trio of US storms – said at the end of last week that it has entered into a 364-day $1bn letter of credit agreement with Bank of America.
    21 November 2005
  • Ex Centre Re chief to head up Flagstone Re
    Bermudian start-up Flagstone Re will be headed up by former Centre Re CEO David Brown, who will be chief executive of the new operation. According to reports, the company – launched by Bermuda-based hedge fund manager West End Capital Management...
    21 November 2005
  • GE deal imminent as Swiss Re shares suspended
    Shares have been suspended in Swiss Re this morning (18 November) ahead of an 11am GMT press conference where it is expected the reinsurance giant will announce its intention to buy the (re)insurance operations of US conglomerate General Electric (GE).
    18 November 2005
  • GE and Swiss Re confirm $8.5bn deal
    As predicted by The Insurance Insider this morning, US conglomerate General Electric (GE) has reached an agreement to sell the majority of its (re)insurance operations to Swiss Re in a deal worth $8.5bn in securities, cash and the assumption of debt.
    18 November 2005
  • GE to offload reinsurance arm: sources
    US conglomerate General Electric is close to finalising a deal to cut loose its (re)insurance operations, according to sources. Although the company declined to comment, The Insurance Insider understands GE is preparing an imminent announcement of...
    17 November 2005
  • TRIA extension nearer with bill compromise
    US politicians offered some succour to the (re)insurance industry yesterday (15 November) with the news that an agreement had been reached on a bill to extend the Terrorism Risk Insurance Act (TRIA) for a further two years – albeit under less favourable..
    16 November 2005
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