All News articles – Page 350
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Madoff business sold for just $25.5m
Bernard L. Madoff Investment Securities, once worth $1bn, sold by auction
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Max at Lloyd’s appoints underwriters
Senior figures set to join from Catlin and Canopius
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Online onlyUnder $5bn bid for AIG's ILFC, say reports
Three bidders put in offers less than the book value of International Lease Finance Corp, according to unconfirmed sources.
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Online onlyChina Re makes 1.58bn yuan profit
Investment returns make the biggest difference; reinsurance premiums up by 30%
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Munich Re and Tokio Marine in cat swap
Private catastrophe swap used Paradex-Europe Windstorm.
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Online onlyNo St George’s flag at Lloyd’s
England’s national day not commemorated due to lack of capacity… flagpole capacity
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Hartford seeks bids for P&C unit say reports
Travelers and Ace tipped as bidders for division worth $4bn-$8bn.
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UK Government in £5bn credit reinsurance deal
Supply chain insurers to benefit from additional capacity, following the example of other Western governments
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Online onlyRe/insurers' group welcomes Solvency II vote
CEA ‘delighted’ with approval for insurance industry directive
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Online onlyLloyd’s offers to buy back up to £100m debt
The transaction, which is due to a 'strong capital position', provides liquidity to note-holders
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Online onlyAM Best comments on AIG restructuring
Efforts to create an independent property/casualty business seen as a ‘positive step’
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Aegon could sell its Taiwan unit for $44m say reports
Exit of foreign insurers from Taiwan continues.
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Online onlyCatlin to underwrite short-term life
Business will be done through new Lloyd’s syndicate and from Guernsey
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Online onlyPerils appoints chief executive
Luzi Hitz to lead nat cat data company formed by reinsurance giants
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Stanford denies Ponzi scheme allegations
Sir Allen Stanford says his companies were well-run until the US government seized them.
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IIS selects new president and CEO
Mike Morrissey takes over from Pat Kenny at the International Insurance Society's meeting in June
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Ironshore appoints former AIG executive
Anthony Mammolite will oversee the US property team
