All Editorial articles – Page 154
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Second cat 5 hurricane “unprecedented”
This is an unprecedented season in which the first two hurricanes both reached maximum intensity, says RMS
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Minimal subprime exposure for Europeans
Fitch is confident that the risk to European insurers from the US subprime crisis in minimal
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Another cat 5 threatens Mexico
Hurricane Felix has intensified into a category 5 storm, with wind speeds up to 155mph
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S&P appoints new president
Rating agency denies Kathleen Corbet's resignation was due to global credit crisis
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OdysseyRe settles with Gulf Insurance
OdysseyRe has reached an out-of-court settlement with Gulf Insurance over a commutation dispute
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Ascot syndicate downgraded
AM Best has downgraded Syndicate 1414, managed by Ascot, to “A” from “A+”
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Guy Carpenter expands finance team
Paul Lumbis becomes managing director of corporate finance, Europe
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Marsh appoints business continuity consultant
Vince West has been appointed managing consultant within business continuity team
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Stable outlook for global reinsurance sector
Fitch maintains stable outlook, with life outlook more stable than non-life
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Ace launches new environmental cover
Global environmental policy provides worldwide liability coverage
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SCA assigned “AA” rating
The “AAA” ratings of XLCA and its reinsurance affiliate XLFA are unaffected
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Atrium bid unconditional says Ariel
Bermuda start-up’s cash offer for Lloyd's insurer is unconditional
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US reinsurers' combined ratio improves in H1
A new survey reveals US reinsurers reported a combined ratio of 90% for the first half of 2007
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Miller expands risk team
Victoria Barrett becomes associate director of the professional risk team, joining from Integro
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Disappointing H1 for Paris Re
Kyrill and June floods in UK impact results; net income and GWP down