All News articles – Page 410
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Online onlyAon: Short-term hurricane forecasts inaccurate
More success in tracking hurricane activity over periods of five years or more
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Combined upgraded following sale to ACE
The acquired entities are core operations to ACE's global operations, says Fitch
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Axis North American business bought by York SLA
York Specialized Loss Adjusting acquired Axis North America for an undisclosed sum
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Argo Group confirms Heritage buyout
$272 million all-cash transaction secures buyout of Heritage Underwriting Agency
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Online onlySolvency II: UK insurers accused of complacency
Firms must get involved or the UK will cease to be a leading European insurance market, warns Deloitte
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CastlePoint doubles dividend
The Bermuda reinsurer has doubled its regular quarterly dividend due to "strong earnings"
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ACE completes Combined buyout
ACE bought Combined Insurance Company of America from Aon for $2.56bn
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PMA sells run-off operations
Bermuda-based Armour Re will buy the run-off unit for $20m, subject to regulatory approval
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Roger Ferguson leaves Swiss Re
As Financial Services unit is "simplified" Ferguson leaves to join a major financial institution; David Blumer joins from Credit Suisse
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Munich Re completes Sterling acquisition
Munich Re has bought a 100% stake in Sterling Life Insurance Company for $352m
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S&P rates Chubb cat bond
East Lane II is the first time S&P has assigned a rating to a cat bond covering wildfire losses
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Online onlyUS federal charter back on the agenda
The Treasury Department’s plans for regulatory reform are not backed by the PCI
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Reinsurers facing volatile year, warns Willis
Rates continue to soften over a wide range of classes and territories, finds April renewals report
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Directors stand down from Transatlantic board
Chairman Martin Sullivan thanks James Balog and Diana Mayer for “their fine work”
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Excess Re on negative watch
The negative implications reflect the uncertainty surrounding the sale of the reinsurer
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Glacier Re launches London-based insurer
Former QBE managing director Steven Price appointed to head up London office
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Allied World launches US reinsurer
The company has been capitalised with over $500m and is licensed to underwrite business in 49 states
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Scottish Re delays earnings release again
Troubled life reinsurer blames continuing deterioration in the credit markets
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Allied World Re assigned "A" rating
The ratings receive enhancement based on the tangible support provided by its parent, says AM Best
