All Company articles – Page 36
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Reinsurers facing volatile year, warns Willis
Rates continue to soften over a wide range of classes and territories, finds April renewals report
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Directors stand down from Transatlantic board
Chairman Martin Sullivan thanks James Balog and Diana Mayer for “their fine work”
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Excess Re on negative watch
The negative implications reflect the uncertainty surrounding the sale of the reinsurer
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Glacier Re launches London-based insurer
Former QBE managing director Steven Price appointed to head up London office
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Allied World launches US reinsurer
The company has been capitalised with over $500m and is licensed to underwrite business in 49 states
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Allied World Re assigned "A" rating
The ratings receive enhancement based on the tangible support provided by its parent, says AM Best
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Gallagher Re sale to Aon completed
The UK transaction had been subject to certain conditions which have now been fulfilled
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MMC names Ben Allen CEO of Kroll
He succeeds Simon Freakley, who will serve as CEO of a newly-formed MMC corporate advisory and restructuring unit
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Whittington appoints John Loudon as non-exec chair
Former chairman, Edward de Jager, will remain as an active non executive director
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Ironshore launches healthcare liability unit
IronHealth will offer hospital professional, managed care errors & omissions and long-term care professional liability
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S&P: Insurers to finally embrace ERM
2008 will mark the year that insurers finally get to grips with enterprise risk management
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XL comments on Merrill Lynch lawsuit
Merrill Lynch is suing XL Capital Assurance and not XL Capital, contrary to "erroneous" reports
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Record profits for acquisitive Scor
French reinsurer’s income reaches EUR407m after Converium acquisition and benign cat year
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White Mountains' ratings affirmed
Fitch Ratings has affirmed the 'BBB+' issuer default ratings (IDRs) of White Mountains Insurance and its holding companies White Mountains Re and Fund American
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ACE USA appoints Shevlin to Southwest role
ACE USA has appointed Jim Shevlin as senior vice president and regional executive officer for the company’s Southwest region.
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AIG settles in Pennsylvania probe
AIG has reached a settlement with the Pennsylvania Insurance Department relating to the investigation into the affairs of the company and its subsidiaries.
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Hardy announces £18.3m profit
Hardy Underwriting Group has announced a pre-tax profit of £18.3m for the year ended 31 December 2007.
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Aspen appoints Cusack as COO
Aspen has promoted Julian Cusack to the role of chief operating officer.
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Ratings assigned to American Capital
A.M. Best has assigned a financial strength rating (FSR) of B++ (Good) and issuer credit ratings (ICR) of “bbb” to American Capital Assurance Group (ACA) and its member, American Capital Assurance Corporation.