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Flight MH-17 losses to be absorbed by Lloyd’s market


Much of the loss stemming from the Malaysia Airlines flight MH-17 crash is to be absorbed by the Lloyd’s market as well as some global re/insurers, according to AM Best.

Assured Guaranty’s MAC receives California licence

North America25-07-2014

Bond insurer Municipal Assurance Corp (MAC), part of the Assured Guaranty group, has been granted a licence to write financial guaranty insurance in the State of California.

Softening rates cause Aon Benfield's revenues to dwindle

Europe, North America25-07-2014

Aon Benfield’s revenues declined slightly in the second quarter of 2014 as a result of what it called an unfavourable market impact on treaty business and a decline in its facultative placements.

Aspen delivers strong quarterly results despite Endurance pressure

Bermuda, North America24-07-2014

Aspen has reported strong results for the second quarter of 2014 as it defends its position from Endurance’s advances in the high profile M&A battle.

Lancashire profits plunge due to intense competition


Lancashire Holdings’ profits took a dive in the first half of 2014, a trend for which its CEO blames additional capital flowing into the industry resulting in intense competition.

Allied World’s reinsurance book contracts by 19%

Bermuda, North America24-07-2014

Allied World Assurance Company saw a 19 percent shrink in its reinsurance business in the second quarter of 2014 due to lower premiums across most business lines.

US property and specialty drive Everest reinsurance results

Bermuda, North America24-07-2014

Everest Re’s reinsurance business grew by 16 percent growth in the second quarter of 2014 driven by US property and specialty lines, despite its CEO cautioning on tough market conditions.

Natural disaster payout reached $22bn by mid-year

Asia-Pacific, Europe, MENA, North America24-07-2014

Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has issued its mid-year Global Catastrophe Recap report, aggregating the key global natural disaster perils data for the first half of 2014.

Insurance lines key drivers of ACE results

Bermuda, North America23-07-2014

ACE achieved strong second quarter results, increasing net premiums written, its underwriting income and driving down its combined ratio.

PCS: a quiet year thus far for US cats

North America23-07-2014

According to PCS’ latest catastrophe market report, appropriately entitled Continued calm, the firm has found that US catastrophe losses have been at their lowest level since 2010.

Showing 3861 to 3870 of 4792 results

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