All Financial articles – Page 149
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Scheme proposed for RNICE
Reliance National Insurance Company (Europe) Ltd (RNICE) has been granted leave by the English Court to convene a meeting of its creditors for the purposes of considering a solvent scheme of arrange …
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KAMP Re 2005 cat notes on creditwatch negative
Standard & Poor's has placed its “BB+” senior secured debt rating on KAMP Re 2005 Ltd's $190m floating-rate catastrophe notes on creditwatch with negative implications.
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Hiscox expects $110m cat hit; ups premiums
Hiscox has updated its estimate of losses arising from HurricaneKatrina and undertaken an initial review of the estimate of losses arising from Hurricane Rita.
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OdysseyRe to sell 4.1 million shares
Odyssey Re has agreed to sell 4,100,000 shares of its common stock to Wachovia Capital Markets, representing approximately $102m in total proceeds. Fairfax Financial Holdings, OdysseyRe's 80% shar …
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Aspen ups Katrina loss estimates
Aspen Insurance Holdings Limited has increased its expected losses following Hurricane Katrina and the New Orleans Flood to between $325m and $400m on an after tax basis. This equates to estimated …
