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There are 68,813 results that match your search.68,813 results
  • Aon set to unveil further job cut plans for UK operations
    Broking giant Aon Corp is expected to announce extensive job cuts in its UK operations as it emulates its rivals Marsh in reducing its headcount in response to the sluggish rating environment and post-Spitzer impact upon commissions.
    26 September 2005
  • WR Berkley and Montpelier Re to raise up to $1bn each
    US Insurer WR Berkley Corp revealed on Friday (23 September) that it may raise up to $1bn from the issue of debt securities and the sale of stock and other securities. In a filing with the Securities & Exchange Commission (SEC), the company said it...
    26 September 2005
  • Alea cancels capital raising following AM Best downgrade blow
    Embattled UK quoted reinsurer Alea Group Holdings (Bermuda) Ltd has cancelled a rescue fund raising plan following AM Best’s decision on 23 September to downgrade the firm’s financial strength rating from A- to B++.
    26 September 2005
  • Stark warnings to CAT insurers for now and the future
    The industry needs to be prepared for the $100bn storm according to risk assessment experts who last week warned (re)insurers over issues caused by both the rising cost and frequency of hurricane driven catastrophes in the United States.
    26 September 2005
  • Alea cancels capital raising following AM Best downgrade blow
    Embattled UK quoted reinsurer Alea Group Holdings (Bermuda) Ltd has cancelled a rescue fund raising plan following AM Best’s decision on 23 September to downgrade the firm’s financial strength rating from A- to B++.
    23 September 2005
  • Q3 cat losses over a billion dollars at AIG
    The world's largest insurer AIG yesterday (20 September) released its estimated catastrophe losses for the third-quarter, primarily due to Hurricane Katrina, of around $1.1bn post-tax.
    21 September 2005
  • Deloitte settles with Japanese insurers
    Three Japanese insurers will receive large cash settlements from Deloitte & Touche LLP because of the company’s auditing role in the collapse of controversial US aviation reinsurance company Fortress Re.
    21 September 2005
  • Advent downgraded by S&P over Katrina fears
    Standard & Poor’s (S&P) has downgraded its rating on Lloyd’s reinsurer Advent Underwriting following news that its losses from Hurricane Katrina are equivalent to 40 percent of its total capacity.
    20 September 2005
  • Correction: Insider Week 190
    Margins up at Equitas On 12 September, Insider Week stated that Equitas’ insolvency margin had increased. This was incorrect. The opening paragraph of the story should have read: Equitas announced its annual results for the year ended 31 March 2005...
    19 September 2005
  • Former Marsh execs indicted
    New York attorney general Eliot Spitzer has formally charged eight former Marsh & McLennan executives after an investigation into bid rigging and price fixing. William Gilman-executive marketing director and enforcer of Marsh’s placement service...
    19 September 2005
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