All the headlines from our Funding Topic Page, ordered by recency.
Nov 26 2012 // Catastrophe modeling firm AIR Worldwide today revised up its industrywide Sandy insured loss estimates to the $16 billion-$22 billion range.AIR Worldwide had previously estimated on Oct. 30 — the day after Sandy made...
Nov 15 2012 // Chinese state-owned insurer PICC Group started meeting institutional investors in Hong Kong on Thursday to gauge demand for a listing worth up to $4 billion, braving a slump in equity deals with the city’s largest...
Sep 7 2012 // American International Group Inc. said it raised $2.02 billion through the sale of a partial stake in its former Asian unit AIA Group Ltd, placing the shares at a surprise premium although analysts were disappointed at the...
Aug 6 2012 // The U.S. Treasury Department said on Friday it expects to raise $5 billion from its sale of American International Group stock, cutting the government’s stake in the bailed-out insurer to 55 percent.The sale, which...
May 22 2012 // Country singer Alan Jackson has raised more than $150,000 to help a Virginia county rebuild schools damaged by last year’s earthquake.Alan Jackson. Photo credit: Wikimedia CommonsA benefit concert by Jackson drew...
May 10 2012 // Two months after joining forces to increase earthquake preparedness in California, the alliance between the California Earthquake Authority and the American Red Cross to put on a statewide online auction in April raised...
Jan 9 2012 // The Insurance Industry Charitable Foundation (IICF) New York/Northeast division had a packed charity dinner event last month. It was held on Dec. 14 at the Waldorf-Astoria Hotel in New York and drew more than 900...
Dec 21 2011 // The Insurance Industry Charitable Foundation (IICF) New York/Northeast division had a packed charity dinner event this year. The event was held on Dec. 14 at the Waldorf-Astoria Hotel in New York. It drew more than 900...
Sep 14 2011 // Scottish American Capital, a venture capital group with a cache of high net worth individuals, has purchased 80 percent of Tustin, Calif.-based Yates & Associates and given founder Jim Yates a three-year contract as...
Jun 27 2011 // The 2011 Travelers Championship will generate in excess of $1 million for charity, including commitments from Travelers, bringing the tournament’s total 2011 charitable contribution to an amount on par with the...
Jun 16 2011 // Kyle Stevens, president and CEO of Western Security Surplus Insurance Brokers (WSS) and Dallas-based WestPro Insurance Services, has delivered a $25,000 check to the Susan G. Komen for the Cure as a result of a 2010...
May 10 2011 // Catastrophe modeling firm EQECAT has updated its market loss estimate of $12-$25 billion, issued on March 16, for the March 11 M9 Tohoku Earthquake. EQECAT said that, based on the latest information available, it is...
Jan 7 2011 // Bermuda-based Omega Insurance Holdings Limited, which is also a leading LLoyd’s insurer, has issued a revised estimate of the losses it expects to incur from claims related to the earthquake, which struck New Zealand...
Dec 22 2010 // Catlin Group Limited announced that, “based on total insured losses from the New Zealand earthquake of US$5.5 billion to US$6 billion, its loss amounts are approximately US$45 million, net of reinsurance and...
Oct 22 2010 // AIA, the Asian life insurance arm of AIG, raised $17.9 billion by pricing its Hong Kong IPO at the top of its range, as investors piled into a company with a wide footprint across rapidly growing Asia.The pricing of the...
Oct 14 2010 // The IPO of American International Group Inc’s Asian life insurance unit is set to command a valuation above the mid-point of an indicative range as attractive valuations draw in investors to the world’s...
Sep 22 2010 // Chartis has launched Private Equity Professional Edge, a management and professional liability insurance program for private equity and venture capital firms and their managers.Private Equity Professional Edge combines...
Jun 21 2010 // British energy giant BP Plc is planning to raise $50 billion to cover the cost of the Gulf of Mexico oil spill, while the head of a $20 billion fund to compensate victims of the accident vowed Sunday that eligible claims...
May 6 2010 // Platinum Underwriters Holdings announced that Allan C. Decleir has been named Executive Vice President and Chief Financial Officer, effective June 1, 2010, subject to the approval of the Bermuda Department of Immigration....