All Company articles – Page 90
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Converium chief risk officer departs
Converium's chief risk officer Markus Krall has decided to leave the company on 30 June 2007 for personal reasons
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Features
The value of run-off ratings
One of the biggest announcements at this year’s ARC Congress in London came from Standard & Poor’s, which announced it would be offering a ratings service to the run-off industry. But what is the actual value of run-off ratings, asks Helen Yates, and will it be welcomed by the industry?
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Features
Give me an “A”!
Do all start-up reinsurers just get an “A-” rating by default? In the absence of a proven track record, Ronald Gift Mullins explores how the rating agencies judge the strength of the industry’s newcomers
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Industry Matters
Willis rejects supplemental compensations
Joe Plumeri explains why Willis is not supporting supplemental compensations
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Cover Story
The profit burden
Ahead of the mid-year renewals, Bermudian reinsurers find themselves flush with capital and short on opportunity. So with Validus confirming its bid for Talbot, is an M&A frenzy looking all the more likely? Mairi Mallon reports
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Shipowners' Mutual receives 'BBB+' rating
Shipowners' Mutual Strike Reinsurance Association Bermuda rated 'BBB+' by S&P
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Future secure for technology firm
The future’s bright as RI3K is sold and receives a massive cash injection.
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AIG launches predictive cat programme
AIG’s new product will attempt to identify hurricane property victims before a storm makes landfall
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Plumeri stresses commitment to China
Willis has won an exclusive oil platform contract and will increase its presence and brand in China, says Joe Plumeri
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Ironshore enters the Texas market
Ironshore has been deemed eligible as a surplus lines property casualty insurer in the State of Texas
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Fitch assigns “A-” to Lloyd’s debt issue
Fitch has assigned an “A-” rating to Lloyd’s debt, issued to replace syndicate loans of £335m
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Raft of senior hires for QBE US
Following the closing of its acquisitions of Praetorian and Winterthur US, QBE has announced several senior appointments
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Test reinsurers with federal charter, urges von Bomhard
CEOs at Standard & Poor’s annual insurance conference said the current reinsurance cycle was “an uphill battle”
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Munich Re places €1.5bn bond
Munich Re's latest captial raising exercise, as part of its Changing Gear programme, is a €1.5bn bond
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AIR updates US hurricane model
A new version of AIR’s US hurricane model includes research linking sea surface temperatures to landfall activity
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AXA disposes of Dutch operations
AXA intends to sell off its Dutch operations and exit the market entirely due to limited opportunities
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AIRMIC: Fleming replaces Gamble in top job
Alan Fleming has replaced David Gamble as executive director of AIRMIC on an interim basis
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AXA units on negative watch after sale announcement
AXA's decision to sell off its Dutch entities for €1.75bn has led Moody's and Fitch to place them on negative watch
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Beazley launches new liability product
Beazley has launched a new worldwide public liability and employers’ liability product for the event industry