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There are 68,963 results that match your search.68,963 results
  • AIG restates again after $500mn discovery
    American International Group (AIG) is to restate its financials for the second time this year after finding an additional £500mn of income through accounting errors.
    09 November 2005
  • Omega latest Lloyd’s insurer to form Bermudian start-up
    Omega Underwriting Holdings plc is the latest Lloyd's insurer to unveil a rights issue and plans to form a Bermudian platform to access short-tail catastrophe business following the trio of hurricanes that raged this autumn.
    09 November 2005
  • PXRE enters into post-storms $300mn cat bond
    Hurricane hit Bermudian reinsurer PXRE Group has bought $300mnn of reinsurance protection via a catastrophe bond following the third quarter storms.
    09 November 2005
  • KKR exits Willis
    Willis has announced a second offering for the sale of 6.1 million shares currently held by Kohlberg Kravis Roberts (KKR) and Fisher Capital.
    09 November 2005
  • Hiscox confirms launch of $500mn Bermudian (re)insurer
    Lloyd's insurer Hiscox plc has announced a £170mn rights issue and the formation of a $500mn capitalised Bermudian (re)insurer to exploit the post-storms rating environment.
    08 November 2005
  • Talanx to buy Gerling's insurance operations
    Talanx is reported to have trumped the aggressive US buy-out firm Cerberus Capital Management for the prize of fellow German insurer Gerling Group.
    08 November 2005
  • SCOR boosted by capital gains
    French (re)insurer SCOR posted a third quarter profit aided by a moderate impact from natural catastrophes this year and healthy capital gains of EUR48mn.
    07 November 2005
  • Worst year for energy lines
    2005 is the worst year on record for energy lines of insurance, according to Aon, but the broker says the market is strong enough to cope.
    07 November 2005
  • Omega latest Lloyd’s insurer set to raise capital
    Newly listed Lloyd’s insurer Omega Insurance Holdings is close to raising post-Katrina funds in a rights issue, Insider Week can reveal.
    07 November 2005
  • Lloyd’s appoints two headhunter firms to lead CEO search
    Lloyd’s have appointed the executive headhunter firms Russell Reynolds and Spencer Stuart to advise them on their search to replace the departing Nick Prettejohn.
    07 November 2005
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