BNET Business Dictionary

Business Definition for: Risk Capital

Additional Resources

Risk Capital Re Announces Promotion of Charles Kasmer to Position of Senior Vice President and Senior Actuary
GREENWICH, Conn.--BUSINESS WIRE--Oct. 2, 1997--Risk Capital Reinsurance Company, a wholly owned subsidiary of Risk Capital Holdings, Inc. (NASDAQ: RCHI), announced today that Charles N. Kasmer has been promoted to the position of Senior Vice President and Senior Actuary. Risk Capital Holdings, Inc., through its wholly owned subsidiary...
Tags: actuary, Business Wire, Insurance
Research articles 1997-10-02
Risk Capital Re Acquires Interest In Stockton Holdings Limited
GREENWICH, CONNECTICUT--BUSINESS WIRE--June 30, 1998--Risk Capital Reinsurance Company, a wholly owned subsidiary of Risk Capital Holdings, Inc. (NASDAQ: RCHI), announced that it has invested $10,000,000 to acquire a minority interest in Stockton Holdings Limited, a Cayman Islands insurance holding company. Risk Capital Re's investment was made as part of...
Tags: Business Wire, FINANCE, Insurance, Investment, reinsurance
Research articles 1998-06-30
Risk Capital Re Names Michael C. Sowa Vice President, Property Underwriting
GREENWICH, CONNECTICUT--BUSINESS WIRE--Nov. 16, 1998--Risk Capital Reinsurance Company, a wholly owned subsidiary of Risk Capital Holdings, Inc. (NASDAQ: RCHI), has named Michael C. Sowa to the position of Vice President, Property Underwriting. Prior to joining Risk Capital Re, Mr. Sowa held property underwriting positions with two reinsurers, most recently...
Tags: Business Wire, Insurance, MARKETING
Research articles 1998-11-17
AXIS Capital Announces Marsh Risk Capital Has Agreed to Sell 3.7 Million Shares in a Block Trade
PEMBROKE, Bermuda -- AXIS Capital Holdings Limited ("AXIS Capital") (NYSE:AXS) today announced that Marsh & McLennan Risk Capital Holdings, Ltd. ("Marsh Risk Capital"), a subsidiary of Marsh & McLennan Companies, Inc., has agreed to sell 3.7 million of AXIS Capital's common shares in a block trade.
Tags: Axis
Research articles 2005-03-09
AXIS Capital Announces Marsh Risk Capital Has Agreed to Sell 1.85 Million Shares in a Block Trade
PEMBROKE, Bermuda -- AXIS Capital Holdings Limited ("AXIS Capital") (NYSE: AXS) today announced that Marsh & McLennan Risk Capital Holdings, Ltd. ("Marsh Risk Capital"), a subsidiary of Marsh & McLennan Companies, Inc., has agreed to sell 1.85 million of AXIS Capital's common shares in a block trade.
Tags: Axis
Research articles 2005-08-18
Risk Capital Re Forms Excess and Surplus Lines Subsidiary
GREENWICH, CONNECTICUT--BUSINESS WIRE--October 29, 1998-- Risk Capital Reinsurance Company, a wholly owned subsidiary of Risk Capital Holdings, Inc. (NASDAQ:RCHI), announced the formation of Cross River Insurance Company, an excess and surplus lines insurance company. Domiciled and licensed in Nebraska, the company intends to seek authorization to operate in most other...
Tags: Business Wire, Insurance, Nebraska, reinsurance
Research articles 1998-10-29
Risk Capital Holdings, Inc. to Sell Its Reinsurance Operations to Folksamerica Reinsurance Company and to Repurchase XL Capital Ltd's Interest in the Company
Business & Insurance Editors GREENWICH, CONNECTICUT--BUSINESS WIRE--January 18, 2000 Risk Capital Holdings, Inc. [NASDAQ: RCHI], announced today that it has signed a definitive agreement with Folksamerica Reinsurance Company ("Folksamerica") pursuant to which Folksamerica will acquire substantially all of the reinsurance operations of RCHI's wholly owned subsidiary, Risk Capital...
Tags: Folksamerica Reinsurance Co., XL Capital Ltd.
Research articles 2000-01-18
Folksamerica to acquire Risk Capital Re.(Statistical Data Included)
NEW YORK-Folksamerica Holding Co. Inc.'s announcement last week that it plans to buy substantially all the reinsurance operations of Risk Capital Reinsurance Co. evinces the bigger-is-better mentality of the current reinsurance marketplace, analysts NEW YORK-Folksamerica Holding Co. Inc.'s announcement last week that it plans...
Tags: reinsurance
Research articles 2000-01-24
Risk Capital Re names Charles N. Kasmer Vice President, Actuarial Department
GREENWICH, Conn.--BUSINESS WIRE--Aug. 5, 1996-- Risk Capital Reinsurance Company, a wholly owned subsidiary of Risk Capital Holdings, Inc. (NASDAQ: RCHI), today named Charles N. Kasmer to the position of Vice President, Actuarial Department, effective August 19, 1996.Mr. Kasmer, age 30, was previously an Assistant Vice President with Zurich Reinsurance Centre...
Tags: Business Wire, Insurance, reinsurance
Research articles 1996-08-05
Risk Capital Re Acquires Interest In The Arc Group, LLC
GREENWICH, Conn.--BUSINESS WIRE--July 28, 1997--Risk Capital Reinsurance Company, a wholly owned subsidiary of Risk Capital Holdings, Inc. (NASDAQ: RCHI), announced that it has acquired a minority ownership interest in The ARC Group, LLC, a Long Island- based wholesaler of specialty insurance. ARC's founders, Christopher Cavallaro, Richard Fierstein and...
Tags: ARC Group, FINANCE, Insurance, Risk
Research articles 1997-07-28
Risk Capital Re Enters Accident and Health Reinsurance Market
GREENWICH, Conn.--BUSINESS WIRE--October 13, 1998-- Names Joann L. Deblasis Senior Vice President, A&H Underwriting Risk Capital Reinsurance Company, a wholly owned subsidiary of Risk Capital Holdings, Inc. (NASDAQ: RCHI), today named Joann L. DeBlasis to the position of Senior Vice President, Accident & Health...
Tags: accident, Business Wire, Insurance
Research articles 1998-10-13
Risk Capital Holdings, Inc. Appoints Peter Appel as Director, Executive Vice President and Chief Operating Officer
GREENWICH, CONNECTICUT--BUSINESS WIRE--NOV. 16, 1999-- Robert Clements and Mark Mosca, Chairman and Chief Executive Officer, respectively, of Risk Capital Holdings, Inc. (NASDAQ: RCHI), today announced that Peter Appel has been elected to the Board of Directors of the Company and its wholly owned subsidiary, Risk Capital Reinsurance Company, and...
Tags: Business Wire, Connecticut, Insurance, reinsurance
Research articles 1999-11-16
Risk Capital Holdings, Inc. Repurchases XL Capital LTD's Interest in the Company
Business Editors GREENWICH, Conn.--BUSINESS WIRE--March 2, 2000 Risk Capital Holdings, Inc. (NASDAQ: RCHI) announced today that it has repurchased from XL Capital Ltd ("XL") all of the 4,755,000 shares of RCHI's common stock held by XL (constituting 27.8% of RCHI's outstanding common stock) for a purchase price of...
Tags: XL Capital Ltd.
Research articles 2000-03-02
Towers Perrin Acquires The Business Of Risk Capital Management Partners, LLC; Acquisition Extends Towers Perrin's Risk Advisory Position in Financial Services, Energy and Utilities Industries
STAMFORD, Conn. -- Towers Perrin, a global professional services firm, today announced that it has acquired the business of Risk Capital Management Partners LLC.
Tags: Towers Perrin, financial service, acquisition
Research articles 2006-06-19
Dutch risk capital not so fond of risks anymore.(Brief Article)
EUROPEMEDIA-C2003 Van Dusseldorp & Partners - http://www.vandusseldorp.com/ The amount of risk capital invested in Dutch start-ups dropped by 75 per cent in 2002, according to figures published by Ernst and Young and VentureOne. Venture capital investment has dropped from E427,3m in 2001 to...
Tags: VentureOne
Research articles 2003-02-20
ADB TO SET UP SME RISK CAPITAL FUND IN PAKISTAN.
ISLAMABAD, March 12 Asia Pulse - The Asian Development Bank ADB is in the process of preparing a comprehensive development program for Pakistan's small and medium enterprises SMEs. Under the programme, the ADB is likely to set up an SME risk capital fund. This was stated by David...
Tags: Asian Development Bank, Pakistan, SMB/SME
Research articles 2002-03-12
Risk Capital Holdings Files Shelf Registration Statement Covering Secondary Offering by Trident Partnership
GREENWICH, Conn.--BUSINESS WIRE--Aug. 28, 1997--Risk Capital Holdings, Inc. (NASDAQ: RCHI), announced that it has filed a shelf registration statement with the Securities and Exchange Commission ("SEC") for a secondary public offering of 1,750,000 shares of common stock held by The Trident Partnership, L.P. The shares will be offered for...
Tags: Insurance, SEC, warrant
Research articles 1997-08-28
The Regulation Of Operational Risk In Investment Management Companies
Operational risk in financial organizations has become a focal point for regulation. The term itself refers to potential causes of loss arising from deficiencies in internal controls, human errors, physical systems failures, and other business execution risks as well as external events. Thus far, the regulatory response has largely favored...
Tags: Risk, Regulation, Investment Management Company, Strategy, Security, Management
White papers 2002-09-01
Advance Notice of Proposed Rulemaking Regarding Risk-Based Capital Guidelines; Implementation of New Basel Capital Accord
The Board is being asked to approve for publication in the Federal Register the attached interagency ANPR seeking comment on pertinent aspects of the proposed New Capital Accord being developed by the Basel Committee on Banking Supervision Basel Committee. The ANPR explains how the U.S. banking and thrift agencies Agencies...
Tags: FDIC, Agency, Risk-based Capital, ANPR, Banking, Financial Services
White papers 2003-07-11
The Potential Impact of Explicit Basel II Operational Risk Capital Charges on the Competitive Environment of Processing Banks in the United States
Basel II replaces Basel I's implicit capital charge on operational risk with an explicit charge. Certain U.S. banks concentrated in processing-related business lines - which have significant operational risk - could thus face an increase in overall minimum regulatory capital requirements. Some have argued that, as a result, these so-called...
Tags: Bank, Risk, Environment, Federal Reserve Bank Of Boston, Basel II, Financial Services, Strategy, Management
White papers 2005-01-12
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