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There are 67,384 results that match your search.67,384 results
  • Japanese government ups earthquake limit
    The Japanese government will increase its limit for earthquake reinsurance payments for the first time in three years, according to the Daily Yomiuri newspaper.
    24 January 2005
  • Halliburton takes $615mn asbestos charge
    US engineering group Halliburton revealed that its earnings will be impacted by a $615mn charge because of lower than expected recoveries from its insurers following its $4.2bn settlement with 400,000 asbestos claimants.
    05 July 2004
  • Equitas settles General Motor liabilities
    Lloyd’s run-off vehicle Equitas has settled its liabilities with the General Motors Corporation, including all North American third-party asbestos and pollution-related liabilities dating from as far back as the mid-1950s.
    31 October 2005
  • Promina reports strong performance
    Promina, the spin-off of Royal & Sun Alliance’s Australasian operation, reported a 53.7 percent increase in pre-tax net profit to A$458mn in its first full year as a standalone company.
    28 February 2005
  • Imagine 994 gets rating upgrade
    Rating agency Moody’s has upgraded its performance rating on Imagine Underwriting Syndicate 994 to “C+ Below Average” from “C Below Average”, with a positive outlook.
    15 November 2004
  • Odyssey sees income surge
    In the same week that its parent company Fairfax Holdings released its results, (re)insurer Odyssey Re posted a 39.7 percent increase in post-tax operating income for the second quarter of 2004.
    09 August 2004
  • Safeco P&C profit more than trebles
    US insurer Safeco has reported an increase in Q2 earnings to $247.5mn, or $1.77 per share, from $111.9mn, or 81 cents per share for the same period in 2003.
    26 July 2004
  • Admiral rolls out IPO bid
    Motor insurer the Admiral Group has said it is aiming for a £600mn flotation this autumn.
    26 April 2004
  • PartnerRe’s Erwin bill at $50mn-$60mn
    Bermudian reinsurer PartnerRe revealed that its bill from Windstorm Erwin, which struck Northern Europe in early January, is expected to be between $50mn-$60mn.
    31 January 2005
  • Munich Re overhauls struggling Ergo
    Munich Re is restructuring its struggling primary insurance subsidiary Ergo after it contributed to the reinsurer’s first loss for 98 years.
    05 April 2004
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