All Online only articles – Page 391
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OdysseyRe ups Katrina loss to $225m
Odyssey Re now expects losses during the third quarter of 2005 from Hurricane Katrina, net of applicable reinsurance and reinstatement premiums, of approximately $225m before taxes, which represents …
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KAMP Re 2005 cat notes on creditwatch negative
Standard & Poor's has placed its “BB+” senior secured debt rating on KAMP Re 2005 Ltd's $190m floating-rate catastrophe notes on creditwatch with negative implications.
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Hiscox expects $110m cat hit; ups premiums
Hiscox has updated its estimate of losses arising from HurricaneKatrina and undertaken an initial review of the estimate of losses arising from Hurricane Rita.
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OdysseyRe to sell 4.1 million shares
Odyssey Re has agreed to sell 4,100,000 shares of its common stock to Wachovia Capital Markets, representing approximately $102m in total proceeds. Fairfax Financial Holdings, OdysseyRe's 80% shar …
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Willis Re strengthens US Specialty Practice
Willis Re has appointed Vincent Liotta as executive vice president and production director of the Willis Re US Specialty Practice. Earlier this year Willis Re merged it's Global Marine, Aviation, …
