All Editorial articles – Page 129
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Buffett could testify in fraud trial
Warren Buffett is called as a witness in the finite case that caused Hank Greenberg to leave AIG
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XL completes purchase of Swiss Re consultancy
Global Asset Protection Services provides loss prevention consulting services
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Talbot syndicate capacity unchanged for 2008
Insurer warns of 5% premium rate reductions; Talbot Asia receives formal approval
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Glaser returns to Marsh as CEO
Dan Glaser is to return as chairman and chief executive officer of Marsh Inc
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Glen Daraskevich joins Karen Clarke & Company
Daraskevich joins as senior vice president to head up consulting group
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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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Analysis
Market pendulum swings to capital
Australian conference highlights role of capital markets in insurance markets
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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