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There are 68,828 results that match your search.68,828 results
  • $1bn Brandywine sale remains uncertain following hearing
    Despite a hearing earlier this month headed by the Pennsylvannia insurance commissioner Diane Koken, ACE Ltd is no closer to knowing whether the proposed controversial sale of three asbestos-riddled subsidiaries to run-off company Randall & Quilter...
    21 July 2005
  • London turns to Benfield debt finance fund
    A programme of subordinated debt is offering a new route to capital for Lloyd's and London (re)insurers, The Insurance Insider can reveal.
    21 July 2005
  • Integro continues its Marsh harvest
    Integro Ltd, the Bob Clements' inspired broking start-up, has continued to find Marsh Inc fertile territory to harvest new recruits.
    21 July 2005
  • SCOR completes capital raise to buy-back
    French reinsurer SCOR has successfully raised a total of EUR233.2mn from the issue of 149.5mn shares (after full exercise of over-allotment option), with the majority of the gross proceeds going to buy back the remaining shares of Irish subsidiary IRP.
    21 July 2005
  • XL joined in controversial RK Carvill trial
    A judgement handed down in the UK's Court of Appeal on Carvill America v Camperdown has raised questions over whether reinsurers or reinsureds are liable to pay premiums to their brokers.
    21 July 2005
  • Hannover Re cuts back US business; Clarendon restructured
    German reinsurer Hannover Re has revealed plans to realign its under performing US subsidiary Clarendon away from program business to specialty insurance, potentially cutting gross premiums by $1bn and increasing group net retention to 80 percent...
    21 July 2005
  • Munich Re downgraded on reserve boost
    World's largest reinsurer Munich Re has met with a mixed response from ratings agencies following its 19 July announcement that it has increased reserves at its US subsidiary American Re by $1.6bn, cutting group second quarter earnings by EUR0.4bn...
    21 July 2005
  • Equitable drops sale proceeds claim
    Mutual insurer Equitable Life has dropped the lion's share of its case against its former auditor Ernst & Young (E&Y), reducing its claim for damages to £700mn against the original £2.05bn figure.
    21 July 2005
  • XL disappoints investors
    ACE's Bermudian contemporary XL continues to suffer its own legacy issues, unveiling a further boost to its US reinsurance reserves this month, which included a $64.7mn pre-tax increase for its workers' compensation reserves.
    21 July 2005
  • Catlin Guernsey open for business
    Bermuda headquartered Catlin Group announced today (18 July) that its newly established Guernsey operation has begun actively underwriting commercial aviation insurance.
    18 July 2005
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