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There are 68,963 results that match your search.68,963 results
  • XL stuns with $2.8bn capital boost
    But pressure mounts on O'Hara as arbitration defeat adds to woes for (re)insurer... Pressure is growing on senior management at Bermudian (re)insurer XL Capital after recent comments by equity analysts and rating agency Standard & Poor’s (S&P)...
    08 December 2005
  • Business as usual, says RenaissanceRe CEO
    Despite being downgraded by AM Best days after losing founder Jim Stanard, RenaissanceRe is well placed for the opportunities ahead, and will keep hold of key staff, according to the company’s new CEO Neill Currie.
    08 December 2005
  • Lloyd’s hints at strategic vision with three year plan
    Lloyd’s heavyweights chose November to hint at a three-year plan which the Society will look to implement from next year. In a lecture, Chairman Lord Levene talked of the tasks ahead and said: “Nick [Prettejohn, Lloyd’s retiring CEO] and his team...
    08 December 2005
  • International news digest - December 2005
    AIG restates again after $500mn discovery ; Quanta woes continue ; Hannover profits blown out by storms ; French riots cost AXA EUR50mn ; Ex-HIH finance chief faces criminal charges ; Loss record broken, says ISO ; Segal sentenced to ten years et al...
    08 December 2005
  • Lancashire Re set for London IPO
    Class of 2005 reinsurer looks to be the first start-up on AIM since PRI The Bermudian start-up reinsurer Lancashire Holdings Ltd is set to float on the London Stock Exchange’s Alternative Investment Market (AIM) in a bid to raise the final tier of...
    08 December 2005
  • Alea downgraded again
    Ratings agency Standard & Poor's (S&P) has downgraded the rating on Alea Group to BBB from BBB+ today (6 December), and changed its outlook on the company from negative to stable.
    06 December 2005
  • Aspen updates hurricane losses; announces capital raising
    Bermudian reinsurer Aspen today (6 December) increased its hurricane losses to a range of $470mn to $535mn (previous upper end of $400mn) and announced plans to raise $400mn in new capital.
    06 December 2005
  • XL launches new E&S insurance operation
    Bermudian (re)insurer XL Capital has announced the establishment of a new Excess & Surplus (E&S) unit within its XL Insurance division. The new unit will be headed by newly appointed E&S president John M DiBiasi, and will underwrite through Indian...
    05 December 2005
  • Burke trumps Hammond for JLT CEO role
    UK listed broker Jardine Lloyd Thompson Group plc (JLT) has ended its year-long search for a new group chief executive with the internal appointment of chief operating officer Dominic Burke to the position. Burke trumped colleague Mike Hammond, the...
    05 December 2005
  • Near North founder Segal sentenced to ten years
    Michael Segal, the founder of Chicago-headquartered independent insurance broker Near North, was sentenced to ten years in prison for purloining money from his firm. Segal, who was convicted in June 2004 of 26 counts of racketeering, fraud, and...
    05 December 2005
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