All the headlines from our Funding Topic Page, ordered by recency.
Oct 5 2005 // Dallas-based McQueary Henry Bowles Troy LLP announced today that its fifth annual charity golf tournament raised approximately $45,000 for The Trains at Northpark, benefiting the Ronald McDonald House of Dallas and...
Sep 21 2005 // State Compensation Insurance Fund’s Santa Rosa District Office has contributed approximately $5,300 to the Hurricane Katrina relief effort. The office’s Hurricane Katrina contribution is just one of many...
Sep 14 2005 // As part of an ongoing commitment to its community outreach programs, American All Risk Insurance Services announced that it has donated $178,939 to the American Red Cross Katrina relief efforts.“Giving back to our...
Aug 15 2005 // Conseco Inc. on Monday closed its previously announced private offering of 3.50 percent Convertible Debentures due Sept. 30, 2035 and completed the amendment of its senior secured credit facility. The initial purchasers...
Jun 30 2005 // The Association of British Insurers (ABI) has released a ground-breaking report, “Financial Risks of Climate Change,” which shows that the worldwide costs of major storms is likely to increase by as much as...
Jun 23 2005 // France’s SCOR Group plans to issue 130 million new shares, raising around 201.5 million euros ($243.6 million) in new capital, primarily to fund the purchase of the outstanding shares of Irish Reinsurance Partners...
Apr 12 2005 // Bermuda-based PartnerRe Ltd. has announced final settlement of the accelerated share repurchase announced by the Company in December 2004. “Deutsche Bank AG London Branch has completed its purchase of 2 million...
Mar 28 2005 // Mississippi House Bill 722, a measure to increase motorists’ liability insurance coverage from $5,000 to $25,000 has been send by the House to Governor Haley Barbour for his signature.“It’s just asking...
Mar 15 2005 // Bermuda-based AXIS Capital Holdings Limited announced that its Board of Directors has authorized the Company to engage in two capital management initiatives. The Board approved a 20 percent increase in the quarterly...
Jan 27 2005 // Allianz AG said it was taking “advantage of attractive capital market conditions to launch an innovative financing transaction. The German giant plans an “All-in-one” package, with the launch of three...
Dec 28 2004 // Bermuda-based PartnerRe Ltd. announced the repurchase of 2 million shares of its common stock in an accelerated share repurchase agreement. The bulletin, released Friday, Dec. 23, said the shares would “be purchased...
Dec 22 2004 // Bermuda-based Quanta Capital Holdings Ltd., which provides specialty insurance, reinsurance, and risk consulting services through its subsidiaries, announced that it has completed the private placement of $40 million of...
Dec 13 2004 // Bermuda’s AXIS Capital Holdings Limited announced that its Board of Directors has approved the repurchase of up to $350 million of its common shares. “The repurchases are expected to be effected from time to...
Nov 8 2004 // Palmer & Cay hosted the First Annual “Fight Against Brain Tumors Charity Golf Classic” at White Columns Country Club in Alpharetta, Ga. With more than 130 people in attendance, representing more than 50...
Nov 2 2004 // Lloyd’s insurer Beazley Furlonge Ltd. announced that it plans to raise £105 million ($191 million) through a rights issue, to both strengthen its capital position, and to fund the acquisition of Omaha Insurance...
Oct 18 2004 // Lloyd’s announced that it plans to make its debut in the international debt markets, with an issue aimed at raising approximately £500 million ($902 million) of long-term subordinated debt.The announcement indicated...
Oct 18 2004 // Swiss reinsurer Converium AG has apparently weathered what its CFO Martin Kauer called “a perfect summer storm.” The company successfully closed its capital raising initiative with the sale of $420 million...
Oct 6 2004 // The Hartford Financial Services Group, Inc. announced that its Board of Directors has authorized the company to repurchase up to $1 billion of its securities. “This action reflects our progress in building capital...
Aug 31 2004 // Zurich-based Converium Holding AG announced that an external reserve review, conducted by the actuarial consulting firm Tillinghast-Towers Perrin, confirms reserves to be “within a reasonable range of actuarial...
Jun 2 2004 // Bermuda-based Montpelier Re Holdings Ltd. reported that the Company has agreed to repurchase 1,263,865 of its common shares owned by Vestar AIV Holdings and related entities, who were initial investors when the company was...