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There are 69,202 results that match your search.69,202 results
  • Fitch downgrades Munich Re to AA
    Despite a recent EUR4bn fund raising, rating agency Fitch Ratings downgraded its financial strength rating on the world’s largest reinsurer Munich Re to AA from AA+.
    01 December 2003
  • Fitch: Reserving pain for US P/C to continue
    Despite high profile reserve boosts, rating agency Fitch has warned that massive estimated reserve shortages in the US property casualty industry threaten to drag earnings down and overwhelm some weaker players.
    01 December 2003
  • Informa loses marine investigations arm to start-up Gray Page
    The marine investigations arm of Informa Group plc has formed a new Oxford based company, Gray Page Ltd.
    01 December 2003
  • SCOR raises EUR750mn in bid to boost ratings
    Embattled French reinsurer SCOR is set to raise up to EUR750mn to repair its balance sheet and fallen financial strength ratings following the approval of its shareholders today (1 December).
    01 December 2003
  • 2001 year sees only limited deterioration
    Despite the old saw that bad years get worse, latest estimates from Lloyd’s syndicates showed only limited deterioration on the dreadful 2001 underwriting year.
    01 December 2003
  • Wellington armed with new £120mn credit facility
    Ten days after Lloyd’s insurer SVB announced a £50mn convertible bond and a shift away from Letter of Credit (LOC) financing, rival Wellington Underwriting said it had secured a new credit facility of £120mn with a group of banks.
    01 December 2003
  • Hannover Re performs and sees end to write downs
    Germany’s Hannover Re followed up solid half year figures with a “highly gratifying” third quarter result as it reported operating profit for the year to date 41 percent higher than at the same stage last year and upped year end profit forecasts from EUR3
    01 December 2003
  • Aon 77 returns to centre stage with debate over Elk exposures
    Royal Courts of Justice Court 22 was packed today (1 December) with representatives of no less than five legal teams to hear the opening arguments of the Aon 77 trial.
    01 December 2003
  • JLT acquires 60 strong aviation team from HLF
    Jardine Lloyd Thompson Group plc has agreed to pay £9.4mn to acquire much of the aviation business and personnel from fellow London based broker, Heath Lambert.
    01 December 2003
  • S&P still negative on reinsurance ‘old guard’
    Standard & Poor’s negative stance on the reinsurance industry was confirmed last week at the ratings agency’s European Insurance Seminar, held at London’s Gibson Hall on 20 November.
    24 November 2003
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