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There are 67,390 results that match your search.67,390 results
  • Aon sells warranty division in $710mn deal
    Broker Aon Corp has agreed to sell its warranty arm to Canadian conglomerate Onex Corp in an estimated $710mn deal.
    07 July 2006
  • GE and Swiss Re confirm $8.5bn deal
    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.
    18 November 2005
  • Aon sells warranty division in $710mn deal
    Broker Aon Corp has agreed to sell its warranty arm to Canadian conglomerate Onex Corp in an estimated $710mn deal.
    03 July 2006
  • XL appoints marine and offshore energy heads
    XL Capital has appointed a new team to lead its XL Insurance Global Marine and Offshore Energy (M&OE) unit in London and New York.
    12 December 2005
  • AIG subsidiary sued over liability claims
    AIG subsidiary National Union Fire Insurance Co of Pittsburgh is being sued by Gemstar-TV Guide International (Gemstar) for $50mn over liability cover the US media company says it has for claims arising out of lawsuits over inflated revenues.
    03 January 2006
  • ARIG approves dividend
    Shareholders of the Arab Insurance Group (ARIG) have approved the resumption of dividend payments at the company's AGM. Profits were up nearly $22mn last year at ARIG, representing a 19.5 percent return on average shareholders'...
    03 April 2006
  • Converium stable says Moody's
    Swiss reinsurer Converium received another boost when rating agency Moody's upgraded the outlook on its Baa1 insurance financial strength rating ratings from negative to stable. Moody's said: "Converium reported net income of US$68.7mn in...
    02 May 2006
  • Schemes revised post-BAIC
    As the run-off sector continues to absorb the implications of key developments in 2005 led by the High Court decision not to sanction the British Aviation Insurance Company Limited (BAIC) solvent scheme of arrangement, the number of proposed...
    17 February 2006
  • Anglo American to pay creditors in full
    The scheme administrators of Anglo American Insurance Company have announced that the Scheme Payment Percentage to the firm’s creditors will be increased to 100 percent. As a result of this decision $75mn will be paid to creditors raising total...
    19 December 2005
  • Boards under regulatory spotlight
    A new report has found that regulatory probes are placing the boards of (re)insurers under increasing pressure over a range of issues. The report by Moody’s Investor Service highlighted finite risks, mutual funds and potential conflicts of interest...
    24 October 2005
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