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There are 69,185 results that match your search.69,185 results
  • Everest Re not peaking yet
    Bermudian (re)insurer Everest Re reported a striking increase in net income last Tuesday, the second quarter up 105.1 percent to $109.6mn from $53.4mn last year.
    28 July 2003
  • Cathedral signs up CATEX
    Lloyd’s insurer Cathedral Underwriting Ltd has signed an agreement with CATEX, the technology and software company.
    28 July 2003
  • Hub steps in to purchase Near North
    Canadian broker Hub International Ltd has stepped in to purchase Near North National Group weeks after Near North’s management agreed the sale to private equity firm Frontenac.
    28 July 2003
  • Swiss Re dealt S&P downgrade
    Giant European reinsurer Swiss Re was today (28 July) downgraded by rating agency Standard & Poor’s (S&P), lowering its financial strength and long-term counterparty credit ratings from AA+ to AA. The outlook remains stable.
    28 July 2003
  • Start-ups continue to set the pace but competition fears are growing
    Last week’s first round of half year results from Bermudian post 9/11 start-ups signalled an even stronger performance than last quarter. However, there were signs that increased competition is starting to drive down rates in some specialty reinsurance li
    28 July 2003
  • Brokers continue to reap rewards (analysis of Marsh, Willis and JLT interims)
    Marsh, Willis and JLT continue to grow healthy brokerage revenues… Despite growing evidence that non-casualty pricing levels have plateaued, strong half-year results from Marsh, Willis and JLT show brokerage revenues continuing to grow.
    28 July 2003
  • Marsh’s HLF talks slip
    Marsh has missed key deadlines in its acquisition talks with HLF Group Plc, leading to speculation that the world’s largest insurance broker may withdraw from the proposed £350mn takeover.
    28 July 2003
  • AIG records “record” Q2
    US giant insurer AIG has announced sturdy second quarter 2003 figures with profits up 26.4 percent to $2.28bn, against $1.80bn for the same period last year. The six monthly showing saw net income totalling $4.23bn, up from $3.78bn last year.
    28 July 2003
  • Swiss Re provides limited PI cover to Equitable Life auditor Ernst & Young
    Ernst & Young, the big four accountant facing a £2.6bn claim from Equitable Life, has only limited professional indemnity protection from Swiss Re, one of the world’s largest reinsurance companies.
    28 July 2003
  • S&P stands by to upgrade Gerling on imminent fund raising
    The rating agency Standard & Poor’s is primed to raise its BB+ financial strength rating on embattled German insurer Gerling on imminent news that it has raised equity funding of at least EUR75.5mn.
    21 July 2003
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