All Editorial articles – Page 40
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IPC board approves new Validus offer
Validus throws in more cash and gets IPC board agreement to merger
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Keeling joins Guy Carpenter
Henry Keeling new president & chief executive officer of international operations
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July 1 rates up 10-15% in peak zone US catastrophe
July 1 renewals measured, says report by Willis Re
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Validus seeks to replace IPC board
Validus closes in on target in hostile takover battle. Which other reinsurer is next?
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RGA outlook goes negative - Fitch
Large unrealised investment losses cause concern at ratings agency.
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La Colonial under negative review - Best
Dominican Republic insurer does not meet ratings agency's demands for information
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Aviation market set to harden after Air France disaster
Premiums could rise by at least 10%. Liability loss could be about $600m
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Lead on crashed French airbus successfully issues bond
AXA places EUR1bn bond issue via BNP Paribas, Calyon and HSBC. No connection with airbus crash liability.
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IPC shareholders turn down Max offer
Max Capital withdraws the offer that had been agreed by both boards.
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Countries named and shamed were not warned of “tax havens” criterion
OECD official’s claim contradicted by Gibraltar’s Chief Minister
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Loss from crashed Airbus could be $1bn
Underwriters face loss of $500m-$1bn from Air France plane lost over the Atlantic
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Air France aircraft recovery faces bad weather
Black box could be 2000 metres deep. Brazilian navy en route to scene.
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Kroes has little time for insurers
Commissioner leaves public hearing on Block Exemption Regulation after 20 minute speech. "Every sector would say they are special," she warns insurers.
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Sagicor treaty team at Box 245
Sagicor at Lloyd’s treaty team has taken box 245 on the second floor of Lloyd’s.