All Weekly Email Alert articles – Page 18
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IPC shareholders turn down Max offer
Max Capital withdraws the offer that had been agreed by both boards.
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Countries named and shamed were not warned of “tax havens” criterion
OECD official’s claim contradicted by Gibraltar’s Chief Minister
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Loss from crashed Airbus could be $1bn
Underwriters face loss of $500m-$1bn from Air France plane lost over the Atlantic
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Air France aircraft recovery faces bad weather
Black box could be 2000 metres deep. Brazilian navy en route to scene.
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Online onlyKroes has little time for insurers
Commissioner leaves public hearing on Block Exemption Regulation after 20 minute speech. "Every sector would say they are special," she warns insurers.
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Sagicor treaty team at Box 245
Sagicor at Lloyd’s treaty team has taken box 245 on the second floor of Lloyd’s.
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Taiyo Life and Daido Life downgraded
Two of Japan's major life insurance companies ratings reduced by Moody's
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AXA leads 'market changing' Air France loss
On the London slip is XL. Hull value $99m, but liability could potentially reach $1bn.
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June 1 Florida P&C renewals up 15%
Increase less than expected. On lower capacity, increases also expected at July 1 renewals.
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Mag 7.1 quake strikes off Honduras
Damage to power, houses, factories, and bridge in Honduras.
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AIG to sell Transatlantic stake
Most of 59% stake in reinsurer is readied for public sale
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Online onlyAIG ordered to pay $0.8bn to investors
More than 257,000 harmed AIG investors to be compensated, following SEC 2006 fraud action
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Beazley Q1 GWP up 27%
Lloyd's insurer benefitting from weak pound, but hit on investments.
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Hannover Re GWP up 17%
Effects of the financial market crisis are largely behind Hannover Re, says CEO Zeller
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Madoff business sold for just $25.5m
Bernard L. Madoff Investment Securities, once worth $1bn, sold by auction
