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There are 68,813 results that match your search.68,813 results
  • Catlin takes $60mn hit from Rita
    Lloyd's insurer Catlin announced on 19 October that it expects to be hit with estimated net losses of $60mn from the damage caused by Hurricane Rita. The group's gross loss estimate for Rita is $90mn with the insurer expecting to receive $30mn from...
    24 October 2005
  • Atrium increases Katrina loss estimates
    Atrium Underwriting plc has increased the loss estimates from Hurricane Katrina on its two syndicates from £42.7mn to £52.7mn. The majority of the increase occurred on Syndicate 609 which climbed from £32.8mn to £42.6mn.
    24 October 2005
  • Start-up Bermudian reinsurer to acquire Rosemont Re infrastructure
    Industry veteran Don Kramer has agreed to buy the infrastructure of GoshawK’s Rosemont Re to establish a new $750mn+ private equity backed Bermudian reinsurer. In an announcement to the London Stock Exchange this morning (24 October), GoshawK...
    24 October 2005
  • Heath Lambert strengthens reinsurance team
    (Re)insurer Heath Lambert announced the addition of two new directors to its reinsurance business on Friday 21 October. Both Roland Vella and Chris Underwood are joining Heath Lambert from Lloyd’s broker Thompson Heath & Bond.
    24 October 2005
  • Moody’s warns on Renaissance Re
    If any of Renaissance Re’s management were forced out of the reinsurer because of the Securities and Exchange Commission’s (SEC) investigations into the firm, it would probably lead to a downgrade warned rating agency Moody’s last week.
    24 October 2005
  • Catlin takes $60mn hit from Rita
    Lloyd’s insurer Catlin announced today (19 October) that it expects to be hit with estimated net losses of $60mn from the damage caused by Hurricane Rita.
    19 October 2005
  • AM Best slashes Rosemont Re ratings
    Rating agency AM Best has slashed its financial strength ratings of distressed Bermudian reinsurer Rosemont Re from A- (excellent) to B (Fair) with negative outlook. The reinsurer – which announced on the 17 October it was close to run-off after...
    19 October 2005
  • Greenberg’s Starr sues for independence from AIG
    Former American International Group (AIG) chief executive, Maurice “Hank” Greenberg, is countersuing his former company through Starr International Company (SICO) in a growing dispute over control of a 12 percent stake in AIG worth nearly $20bn.
    18 October 2005
  • Cook to head HCCH international operations
    US insurer HCC Insurance Holdings (HCCH) has announced that Barry J Cook has been appointed to the new position of chief executive of the company’s international operations.
    17 October 2005
  • Amlin expands actuarial team
    Lloyd’s insurer Amlin has appointed Peter Tavner as deputy group actuary. Tavner joins Amlin from Lloyd’s Risk & Reserving Unit. Tavner has worked in the industry for 15 years for Commercial Union, Swiss Re and Lloyd’s and is a member of the...
    17 October 2005
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