All News articles – Page 368
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Online onlyHannover Re reports Q3 loss
395 million euro net loss, but could break even in the fourth quarter.
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Online onlySwiss Re net loss of CHF304m in Q3
Net claims from hurricane Ike revised up from $250m to $315m
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U.S. must maintain Fannie and Freddie guarantees, says Bernanke
Fed chairman says that U.S. backing for government sponsored entites Fannie Mae and Freddie Mac must stand firm
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Market is hardening says Benfield
Study confirms carriers are offsetting hurricane and investment losses
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Aspen reports $116m third quarter net loss
Compares with $117m profit for same period last year; CR of 123%.
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IIS programme invites research papers
International Insurance Society and the Geneva Association will award $10,000 to winning entries
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Willis in search for world’s best storm forecasts
Broker supports supercomputer project by National Center for Atmospheric Research
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Odyssey Re operating loss for Q3
Net income rises. Net realised gains more than double to $128m
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Online onlyCII and Aus/NZ organisation to merge
Merger creates the largest global professional body in financial services
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The Hartford lost $2.6bn in Q3
Recent $2.5bn investment from Allianz has strengthened capital.
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Aon recruits M&A team leader
Mark Arian, formerly of Towers Perrin, joins as corporate transactions practice leader
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Flagstone Re Africa gains its first rating
AM Best points to strong support but also the risks of rapid growth
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Online onlyACE says soft rates are over
"Rates will begin to firm" - Evan Greenberg. ACE 3Q net income falls 92% after market losses.
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Canada makes life easier for segregated funds
Slackening of capital ratios that insurers need to maintain against future obligations
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AIG names officer for transition planning
Dick Booth will restructure the company and prepare for the sale of subsidiaries
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AIG appoints chief restructuring officer
Paula Reynolds will be lead liaison officer with Federal Reserve Bank of New York
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Navigators results hit by Gustav and Ike
Hurricanes Gustav and Ike cause $18m losses in third quarter. Net income of $1m for 3Q.
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Dutch government steps in to protect Aegon
Another Dutch insurer receives government help. 3bn euros to be injected.
