All Company articles – Page 53
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Analysis
Deadline looming
European reinsurers have 3 months to assess whether they are compliant with EU competition law
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Florida regulator to relax collateral rules
100% collateral requirement “is a barrier to investment by foreign reinsurers in the Florida market”
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S&P rates Scor cat bond
Ratings are based on the creditworthiness of Scor as ceding reinsurer and on Goldman Sachs as guarantor
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Large earthquake triggers Caribbean cat pool
Two Caribbean Catastrophe Risk Insurance Facility participants, Dominica and Saint Lucia, will likely receive a payment
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Scor sponsors EUR160m cat bond
Cat bond provides Scor with retro cover for European wind or Japan quake events
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Best rates Philippines national reinsurer
“B++” for National Reinsurance Corporation of the Philippines
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Chaucer returns capital to shareholders
Inflates dividend by 25% after healthy trading conditions in 2007
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Whittington launches syndicate
Barbican has capacity of £75m and will write specialty lines
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Asia Capital Re signs up with RMS
Models will help improve ACR's understanding of catastrophe risk in the Pan-Asian region
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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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Reshuffle at Argo Group
Mike Warfield is named president of Colony Insurance and Michael Arledge is named president of Select Markets
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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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Max Capital opens new US unit
New York-based Max Managers will be led by Bernard (Buddy) Anckner
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PartnerRe ratings affirmed
PartnerRe’s operating performance compares favourably to its peer group, says AM Best
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Brit hires US professional indemnity underwriter
Clive Moore has worked in Lloyd's and the London Market since 1974
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Montpelier Re launches US fac unit
Doug Johnson, vice president and manager of the Western Region, will lead the new unit
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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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Willis names European CEO
Flavio Piccolomini has been appointed CEO for Continental Europe