All Top News Stories of The Week articles – Page 16
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Insurers' investments on solid ground
S&P maintains its stable outlook on US P/C industry despite subprime exposures
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LeBoeuf Lamb to merge with Dewey Ballantine
Merger will create Dewey & LeBoeuf, a law firm with revenues approaching $1bn
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Scor net income leaps 77% to €181m
Revios acquisition sees life premiums rocket by 124%; Converium buyout is complete
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Converium profits up 58% despite storm losses
Acquired reinsurer is "successful in capturing the momentum following the restoration of its “A-” rating"
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MMC in $800m accelerated buyback
Marsh & McLennan will repurchase $800m worth of outstanding MMC common stock
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Fitch ups capital charges for mortgage insurers
Some rating downgrades expected in the wake of the US subprime collapse
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PartnerRe to launch $1bn European reinsurer
PartnerRe consolidates in Dublin under the Reinsurance Directive
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Swiss Re and Ascendant in cat swap
Reinsurers take part in inaugural catastrophe derivatives trade
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Subprime collapse ups liability claims risk
D&O and E&O costs could rise as a results of the US sub-prime crisis, warns Marsh
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Munich Re buys stop loss insurer
German reinsurer increases stake in Cairnstone from 25% to 100%
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Scottish Re North America CEO steps down
Scottish Re North America president and CEO Cliff Wagner leaves the company; Goldean steps in
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Fewer opportunities boost buybacks
The dramatic increase in share buybacks should not harm ratings, says Moody’s
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PCI backs Katrina claims handling
A report has found that there was "no evidence that wind damages were improperly attributed to flooding"
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Florida regulator denies rate filings
The Florida insurance regulator has denied the rate requests of three insurers for “not substantially lowering their prices”
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Dean likely to threaten US
Tropical Storm Dean likely to become a hurricane and could threaten the Gulf, says Carvill
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First real storm threat to Gulf
Tropical Storm Dean is gathering strength and could be the first major storm of the season to enter the Gulf
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Scottish Re reveals Q2 operating loss
Group reports at $52.9m operating loss as Goldean hands over the reigns
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Scottish Re sidecar on negative watch
Subprime exposure sees Ballantyne Re placed on negative review
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Dubai fund to acquire Munich Re stake
Arabic Financial Circle looking to acquire 20% of Munich Re