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There are 68,868 results that match your search.68,868 results
  • XL buys R&SA renewal rights
    XL America announced on Friday (17 November) that it had bought renewal rights for professional liability business from Royal & Sun Alliance USA’s DPIC unit.
    17 November 2003
  • Sound asset-liability management key to weathering emerging market storms
    A new report by reinsurer Swiss Re has highlighted how insurers can withstand the effects of financial crises in emerging markets by having a sound capital base and efficient asset-liability management.
    17 November 2003
  • Under-reserving ‘cheapest form of gearing’, says Brit’s Douetil
    Brit chief executive Dane Douetil has called for more honesty in the way underwriters and regulators calculate reserve strengths.
    17 November 2003
  • Alea IPO underway
    Last Friday Bermudian (re)insurer Alea announced an offer price of 250p per share for its forthcoming London IPO.
    17 November 2003
  • ‘Merger of equals’ creates second largest US commercial insurer
    US insurance giants Travelers and St Paul announced today (17 November) they are to merge, creating the second largest US commercial lines insurer and bringing together $107bn total assets, $20bn of shareholders’ equity, $26bn in capital, and net written
    17 November 2003
  • JLT wins Middle East contract
    JLT has won a Middle East energy contract in the teeth of competition from heavyweight broker rivals Aon, Willis and Marsh.
    17 November 2003
  • CNA’s $1.5bn reserve boost
    Insurer CNA announced a massive $1.5bn post-tax reserve boost in its third quarter results last Wednesday (November 12). The increase in reserves pushed the company into the red, with third quarter losses of $1.76bn, or $7.94 a share, compared with a pro
    17 November 2003
  • Dresdner drags down Allianz - again
    Despite improvements in underwriting performance, German giant Allianz continues to be dragged down by its ailing banking arm Dresdner, together with further investment write downs and tax charges.
    17 November 2003
  • SVB £50mn bond boosts capacity to £0.5bn
    Quoted Lloyd’s insurer SVB announced this morning (17 November) a £50mn capital raise to fund an increase in capacity to £502mn, backing a new team of former PRI underwriters recently recruited from Brit.
    17 November 2003
  • Fitch database launch
    Ratings agency Fitch has launched a new database listing report and account information on over 6000 insurance companies across 100 countries.
    17 November 2003
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