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London insurer Beazley Group plc said today that it has suffered losses from both catastrophes in the United States, and on its investments, and expects to see a drop in its underwriting for next year
The Branchville, N.J.-based insurer said catastrophe losses, primarily from Hurricane Ike in the Midwest were about $8.3 million. The impact from catastrophe losses will translate into a loss of 16-ce
Harbor Point Re UK has been operating as a representative office in the UK since 2006. Trevor Carvey, managing director of harbor Point Re UK, said, as a representative office, it was essentially a lo
Harbor Point Re UK has been operating as a representative office in the UK since 2006. Trevor Carvey, managing director of harbor Point Re UK, said, as a representative office, it was essentially a lo
New York State Insurance Superintendent Eric Dinallo and Hector Sants, chief executive officer of the United Kingdom's Financial Services Authority said they have signed a memorandum of understanding
XL Capital Ltd, in a preliminary third quarter 2008 announcement, said it expects a net loss to ordinary shareholders of between $1.65 billion and $1.67 billion, compared to net income of $328 million
Mr. Paiano, she said, "has the broad industry experience, risk management background and leadership necessary to fortify our risk management capabilities, particularly in these rapidly changing times.
Deep Customer Connections (DCC) based in Acton, Mass. said the aim of its Ease of Doing Business (EDB) survey is to gauge a carrier's performance against what independent agents rate as most important
In a statement, Patrick W. Kenny, the current IIS president and CEO, said that in founding IIS, Mr. Bickley's "idea was ahead of its time, anticipating the importance of globalization of the industry.
Minneapolis-based Collins reinsurance brokerage and Brazil's newly-formed reinsurance brokerage Especializada Re announced yesterday that the two companies have an agreement to serve as exclusive corr
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