All Bermuda articles – Page 27
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Axis enters additional $400m buyback
To date in 2007, the company has repurchased $305m of common shares
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Everest Re back on stable
Outlook revised dues to strong performance in 2006 and 2007, says S&P
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Analysis
Another one bites the dust
Should Hardy’s decision to up sticks to Bermuda come as a warning to the UK Treasury?
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Hardy to move to Bermuda
Lloyd’s insurer follows Hiscox, Omega and Kiln to the low tax domicile; will establish Class 3 reinsurer Hardy Re
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XL completes purchase of Swiss Re consultancy
Global Asset Protection Services provides loss prevention consulting services
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Talbot syndicate capacity unchanged for 2008
Insurer warns of 5% premium rate reductions; Talbot Asia receives formal approval
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“AA” for HSBC’s Bermuda captive
The captive's profitability is expected to be strong with a combined ratio of less than 50%, says S&P
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S&P: Catlin ratings unaffected by $75m write-down
Catlin must demonstrate the Wellington deal has not compromised its risk profile
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Catlin reveals $75m subprime exposure
Writedown will be offset by low catastrophe incidence, says Stephen Catlin
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PartnerRe ratings affirmed
PartnerRe’s operating performance compares favourably to its peer group, says AM Best
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Upgrades and affirmations for ACE
Ratings reflect diversification, strong capitalisation, brand and ERM structure, says AM Best
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New life reinsurer raises $500m
Aurigen Re Capital will provide life reinsurance to Canadian market
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Aon forms strategic partnership with RBS
RBS to provide investment funds to Aon’s captive clients
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Montpelier extends CEO contract
Promotes CRO to president; COO promoted to deputy chairman
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Ballantyne Re on creditwatch negative
Debt rating for Scottish Re sidecar is also lowered as a result of mark-to-market losses
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Scottish Re hires chief risk officer
Samir Shah was a leader in Tower Perrin's global ERM practice
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AM Best: Endurance ratings upgraded
Upgrades reflect Endurance's excellent capitalisation, strong financial flexibility and risk management controls