All the headlines from our Funding Topic Page, ordered by recency.
Oct 29 2001 // Bermuda’s PartnerRe, which already announced estimated net losses from the Sept.11 attacks of around $400 million, announced additional losses of around $25 million, and said it would report a third quarter operating...
Oct 12 2001 // The U.K.’s Royal & Sun Alliance Insurance Group announced yesterday that it now expects its losses from the September 11 attacks on the U.S. will be around £200 million ($289 million) net of reinsurance...
Oct 11 2001 // Contributions to America’s Survivor Relief Fund, created by the Independent Insurance Agents of America (IIAA) and the Independent Insurance Agents Association of New York (IIAANY) to benefit victims and surviving...
Jul 10 2001 // Friends Provident ended its 169 years as a mutual insurer with a successful public offering on the London Stock Exchange which raised an estimated £3.8 billion ($5.3 billion). The newly investor owned company’s...
Jun 14 2001 // Most of the funds, around $255 million, will be remitted to Fairfax, which retains 73.7 percent of ORH’s shares. Underwriters have a 30-day option to purchase an additional 2,571,429 shares. Trading in the shares...
Jun 8 2001 // Holland’s ING announced it had sold 14.7 million shares of its holdings in the Dutch-Belgian financial group Fortis, raising approximately € 400 million ($340 million), which will be used to fund its $791...
Apr 24 2001 // Access CoverageCorp Inc., the Charlotte, N.C. Internet-based business insurance technology and solutions provider, announced that it has raised $8 million in a second-round financing. The leader in this round has been...
Mar 14 2001 // The City of Hope Cancer Center in Los Angeles, Calif., honored Roxani M. Gillespie, a partner at the law firm Barger & Wolen, with its highest honor, the Spirit of Life Award, at a gala dinner on Oct. 28, 2000 at the...
Nov 17 2000 // In a fundraising campaign spearheaded by ACE Limited’s Chairman and CEO Brian Duperreault, $1.4 million was raised for breast cancer research. Duperreault chaired the 2000 “Spirit of Life” campaign on...
Jun 12 2000 // iwix.net, a specialty insurance portal, has secured $5 million in first round venture capital funding. All of the funding is coming from one source, Quester. Quester’s investment strategy is to back businesses that...
Apr 5 2000 // In its much ballyhooed initial public offering, Metropolitan Life Insurance Co., the number two U.S. insurer, raised $2.88 billion Tuesday-less than half of its initial $6.1 billion target. The shortfall stemmed primarily...