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There are 68,963 results that match your search.68,963 results
  • Reinsurance giant Munich Re has bought EUR110mn of reinsurance protection for Western European windstorms with the private placement of catastrophe bonds called Aiolos. Based on a wind-speed trigger and with a term from 18 November 2005...
  • 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...
  • The Lloyd’s deputy chairman has called on UK regulator the Financial Services Authority to strike fear into the London insurance market by outlining what it will do if the industry fails to drive through contract certainty next year.
  • US politicians brought some relief to the (re)insurance industry on Friday (18 November) with the news that the US Senate had approved a bill to extend the Terrorism Risk Insurance Act (TRIA) for a further two years until the end of 2007.
  • Benfield is to lose its role in helping place the world’s largest reinsurance contract because of its decision to expand into the primary insurance markets. Last week the broker was replaced by marine/energy specialists Agnew Higgins Pickering & Co...
  • Shares in Royal & Sun Alliance (R&SA) rose today after the firm received a welcome boost from analysts ahead of its third quarter results later this week. A note from Numis upgraded the outlook on R&SA shares from ‘HOLD’ to ‘ADD’ and increased its...
  • 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.
  • 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).
  • 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...
  • As revealed in Insider Week this Monday (14 November), 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.