All Editorial articles – Page 111
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S&P revises Novae outlook to positive
Rating agency expects to see further legacy resolution through effective run-off of liabilities
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Scor in $100m and EUR36m mortality swap
Swap will compensate Scor in the event of major pandemics, natural catastrophes or terrorist attacks
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Online onlySwiss Re profits in at CHF4.2bn; lawsuit filed
Further credit swap writedown of CHF240m; Class action suit filed against the reinsurer
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Swiss Re relaunches business model
Focuses on business integration and capital market opportunities
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Online onlyUK earthquake costs at £30m
RMS says insured losses could be between £15m and £30m ($30m - $60m)
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Cat bonds went "mainstream"in 2007
Guy Carp reports that issuances reached $13.8bn in 2007, 63% more than 2006
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Largest quake in 25 years hits UK
AIR expects damages in the "tens of millions of pounds"
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Florida needs a long-term solution, urges PCI
Floridians want to revisit the 2007 legislation and don't want "quick fixes", reveals a PCI poll
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AM Best downgrades Scottish Re
Troubled life reinsurer's subprime exposures cited as the cause; outlook is negative
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LG: Gallagher sold for $45m
Legal advisors in sale of broker to Aon reveal further details of transaction
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Future bright for Middle East
Moody's reports says surge in Middle East insurance markets to continue
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"AAA" for Berkshire financial guarantee insurer
The expected ratings are based on an “extremely strong competitive position”, says S&P
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Marsh CEO outlines changing risks for national oil companies
Pandemics, climate change, cyber crime, population explosion all threats
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S&P lowers five securitisation ratings
Downgrades come after monoline actions, although 28 ratings were also affirmed
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Legacy management considers "non traditional" growth
ARC reports strong 2007 and flags potential developments for 2008
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Terrorism insurance take-up slow
Willis conference reveals low insurance spend on terrorism and related classes
