reinsurance
Reinsurer Swiss Re says it weathers oil spill costs with big profit
Swiss Re, one of the world's biggest reinsurers, reported on Thursday an 812-million-dollar second-quarter net profit despite the cost of disaster damage from the...
Investments rescue Munich Re’s quarterly earnings
German insurance group Munich Re posted a better-than-expected second quarter net profit on Wednesday owing to earnings from investments, and raised slightly a full-year...
Pakistan hit by worst floods since 1929
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today releases the latest edition of its Monthly Cat Recap report, which provides an...
Brit Insurance says Apollo sweetens approach
Brit Insurance said Apollo Management had raised its takeover bid to 10.75 pounds a share, valuing it at about 852 million pounds ($1.32 billion)...
Aon Benfield launches first pan-Asian typhoon model
Impact Forecasting, Aon Benfield’s catastrophe model development centre of excellence, has launched the first fully functional Asian typhoon model to span the continent.
The new...
Aon to buy Hewitt for $4.9 billion, creating HR giant
Aon Corp, the world's largest insurance brokerage, said Monday it will buy Hewitt Associates Inc for $4.9 billion in cash and stock to create...
Maiden Holdings announces agreement to acquire GMAC International Insurance Services
Maiden Holdings, Ltd today announced that it has entered into a definitive agreement to acquire the majority of the reinsurance-related infrastructure, assets and liabilities...
Aon/Albert G. Ruben celebrates 50 years of innovation in the entertainment industry
Aon/Albert G. Ruben, the world's leading insurance broker for the entertainment industry, today celebrates its 50th anniversary. A half-century ago, Albert G. Ruben had...
BP oil spill costs soar above 3 billion dollars
BP's costs over the Gulf of Mexico oil spill soared Monday above three billion dollars, while a giant Taiwanese ship provided hope of revolutionizing...
Belgian bank KBC sells units to Japanese, Australian firms
Belgian bank KBC has sold bond and derivatives trading businesses to Japanese firm Daiwa Capital Markets for one billion dollars (800 million euros), the...
Aon expands captive consulting capabilities with formation of Aon global risk consulting Bermuda
Aon Global Risk Consulting, a leading provider of risk advisory services and part of Aon Corporation (NYSE: AON), today announced the launch of Aon...
Aon Benfield announces academic and industry research collaboration
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, is broadening its capabilities and bringing together its academic and industry research relationships under...
Aon Benfield’s FAConnect platform delivers new capacity for Terrorism risk
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, has teamed up with leading reinsurers to deliver enhanced facultative capacity for US Terrorism...
Lawyers on the prowl after US oil spill
Armies of lawyers are turning their sights to the massive oil slick spreading across the Gulf of Mexico, eagerly seeking damages from the companies...
Swiss Re insurance profits dampened by disaster damage
Swiss Re, one of the world's biggest reinsurers, on Thursday reported a surge in first quarter profit although its results were dampened by losses...
FAConnect platform brings new facultative capacity for Chile earthquake risk
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, is utilizing its groundbreaking FAConnect placement platform to respond to client demand for expanded...
Steady growth of Saudi insurance sector prompts Chedid Re to set up operations in Kingdom
Chedid Re, one of the leading reinsurance brokers in the MENA region, has announced that it has established a new subsidiary in the Kingdom...
New appointments at Aon Benfield
Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today announces that it has promoted Paul Kaye to Head of Actuarial and Enterprise...
Swiss Re helps clients turn risk into profitable growth
Swiss Re announced on April 15 the launch of an enhanced version of Magnum, its automated life and health underwriting system.
This innovative solution...
World catastrophic events : Aon monthly report
Aon Benfield, the world's premier reinsurance intermediary and capital advisor, released the latest edition of its Monthly Cat Recap report, which provides an analysis...
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