All Editorial articles – Page 106
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Heritage expands team with Benfield hire
Heritage has appointed Paul Aitchison to the newly created position of business development manager
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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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Max Capital outlook revised to positive
Max Capital Group will be positioned for an upgrade in about 18-24 months, says S&P
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JLT Re partners with UCLEI
University College London Environment Institute and JLT Re to develop analytical tools for the (re)insurance industry
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AnalysisWIF: You can’t fight the market
“Let’s not deny the cycle, but manage it better,” say industry leaders at the World Insurance Forum
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Online onlyRecord profits for acquisitive Scor
French reinsurer’s income reaches EUR407m after Converium acquisition and benign cat year
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Online onlyMunich Re issues EUR170m cat bond
Cat bond issued through Queen Street programme; Securitises aggregate windstorm losses for the first time
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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.
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AnalysisWIF: Credit crunch should not inform Solvency II
Insurers have dealt effectively with systemic risk, insists Jacques Aigrain at the World Insurance Forum
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AMIC announces 275m dollar loss
American Independence (AMIC) has announced a loss of $275m as of 31 December 2007.
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Montpelier Re announces quarterly dividend
Montpelier Re has declared a quarterly dividend of $0.075 per common share.
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HCC announces quarterly cash dividend
HCC has announced a regular cash dividend of $0.11 per share on the company’s shares of $1 par value common stock.
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Online onlyTornado hits US state of Georgia
A tornado has touched down in Atlanta, Georgia just eight minutes after a warning was issued by the National Weather Service.
