All Company articles – Page 91
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LMA elects Catlin CEO as new chair
The Lloyd’s Market Association has elected Paul Jardine, chief executive of Catlin, as its new chairman
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CCR superior ratings affirmed
AM Best has affirmed the financial strength rating of A+ (superior) of French reinsurer Caisse Centrale de Reassurance
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RenRe launches sidecar for Florida market
RenaissanceRe has formed a new Bermuda-based sidecar, Starbound II, to offer capacity for the Florida market
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Swiss Re buys Zurich UK life book
Swiss Re has bought part of Zurich's UK life portfolio for almost £4bn
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MMC panel advises on catastrophe risk management
A panel of MMC experts has been advising clients on business continuity planning and other challenges posed by an active storm season
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S&P assigns ratings to Swiss Re quake bond
Standard & Poor’s has assigned ratings to “MedQuake”, Swiss Re’s Mediterranean earthquake catastrophe bond
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Reinsurers more exposed to hurricanes in 2007
An increase in quote share reinsurance could leave reinsurers more exposed to multiple storms in 2007, warns Fitch
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Swiss Re in $100m Mediterranean quake bond
Swiss Re has obtained $100m protection against earthquake risk in Turkey, Greece, Israel, Portugal and Cyprus
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Alea shareholders urged to accept takeover bid
Independent directors are urging Alea shareholders to accept the acquisition bid by FIN Acquisition
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Munich Re takes lead in Caribbean cat solution
Munich Re is taking the syndicate lead in reinsuring the “Caribbean Catastrophe Risk Insurance Facility”
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Hannover Re completes Praetorian sale
The sale of Hannover Re's US subsidiary Praetorian Financial Group to the QBE has been closed
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US collateral proposals to have limited impact
AM Best expects the NAIC's reinsurance collateral proposals to have a limited impact on property/casualty companies
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Best affirms raft of AEGON ratings
AM Best has affirmed the ratings for a number of AEGON subsidiaries and notes
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Promotions in Arch property division
Arch Insurance has announced two promotions in its property division
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Greenlight raises $258m in IPO and private sale
Greenlight to use IPO proceeds to ramp up capacity of reinsurance operations
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Moody’s outlines takaful approach
Takaful, Shari'ah-compliant insurance, has shown impressive premium growth rates in recent years. In a new report, Moody's Investors Service gives an overview of takaful's differences from conventional insurance, the benefits that a rating offers and the approach taken to analysing the financial strength of such companies."When analysing the financial strength ...
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Electro Re downgraded
Alcatel-Lucent reinsurance subsidiary downgraded by AM Best to "bbb"
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ACE hires AIG exec
Brian Witzmann, formerly of American International Group, has joined ACE USA
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Swiss Re sells off UK life operations
Swiss Re has announced the sale of its life operations, acquired during the takeover of GEIS last year.
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SCOR delays Converium bid again
SCOR announces a two week delay to the start of its bid for Converium due to regulatory concerns
