All Editorial articles – Page 48
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Willis Re takes 17 Carvill brokers
Appointment of speciality brokers will drive growth in US, UK
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Guernsey insurance entities up 1%
Some growth despite competition from other jurisdictions
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RGA appoints professor and merchandising exec
New board members replace former directors associated with Metlife, RGA’s former shareholder
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Compre buys Länsförsäkringar’s companies in run-off
Deal involves Stockholm Re and Wasa International Insurance Company
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SCOR cat bond rated B+ and B
S&P rates new cat bond for U.S. hurricane and earthquake risks
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State Farm to exit Florida property
Insurer intends to leave market within two years, after failing to achieve rate increase
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NAIC to ease rules for life insurers
$25 to $30bn could be freed by changes proposed by American Council of Life Insurers
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Ex-AIG Re chief sentenced to four years in jail
Christian Milton, a British former AIG executive, was found guilty of ‘finite reinsurance’ fraud involving AIG and Gen Re
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Analysis
Shifting sands of Arab project finance
JLT points to a more risk-averse attitude among Gulf investors.
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Swiss Re (GB) CEO joins Canopius
Tim Carroll becomes underwriting director at the Lloyd’s firm
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Carvill’s US staff ‘taking accounts with them’
Individual brokers preparing for new roles at other companies as Carvill winds up
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Investment losses hit Max's 2008 figures
Net operating loss estimated at $2.65-$3.00 per share. Investment losses offset good underwriting results.
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Tropical cyclone Dominic to strike Australia
Dominic could strike the north coast of Western Australia with Tropical Storm force
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Scottish Re (US) downgraded
Moody’s action follows news that Hannover Re will buy a portion of Scottish Re’s business