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Petrel Re will assume a 75 percent quota share of certain lines of marine and offshore energy reinsurance contracts underwritten by Validus Re for the 2006 and 2007 underwriting years, Validus said. O
Insurance industry mergers and acquisitions increased in 2005 to the highest level since 2001, and may foreshadow an acceleration of activity this year and the next, according to a new study by Connin
o Continued uncertainty related to PXRE's future viability and business direction as the company continues to explore strategic alternatives. Fitch believes such actions often signal a distressed situ
Included on the agenda will be sessions on principles-based approaches to valuation and early warning signals, and actuarial equivalence under the Medicare Prescription Drug Benefit in the first year
The recently introduced Online Filing Program offered by Arbitration Forums Inc. (AF), the nation's largest nonprofit provider of interinsurance dispute resolution services, said it has cut subrogatio
The relatively mature French p-c market has seen new entrants such as bancassurers and direct insurers keeping prices wobbly. The increasing competition is "most evident in motor, the largest business
With annual revenue of approximately $2.1 million, Westar provides customers with general lines capabilities and specialized expertise in both aviation risk and personal insurance. Westar principals D
Benefit Development Group, with annualized revenues of approximately $1 million, is engaged in the specialized insurance arena of employee benefit plans and serves commercial clients throughout the gr
Aon said the combination of resources of the two would enhance technology-enabled service, especially in e-commerce, and provide market leverage and product diversity for the JLT associations. Affinit
Established in 1973, Y.S. Liedman offers employee benefits consultation and brokerage services, including qualified and nonqualified retirement planning, group benefits, life insurance, and financial
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