All Editorial articles – Page 71
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Gustav could break levees again
Damage to offshore platforms could reach $7bn in insured loss say RMS
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China Re to push forward IPO plan
Asia’s largest reinsurer ‘set for more acquisitions’, says chairman
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Timing is everything
Now is the time for a New York Insurance Exchange, write Eric Dinallo and Michael Moriarty.
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Fitch issues US P&C mid-year review
Reinsurers avoided significant cat losses and posted the strongest results
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FGIC-MBIA reinsurance deal under the spotlight
Moody’s says both companies have large exposures to mortgage-related risks
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QBE ratings affirmed
AM Best: strong pre-tax profit consolidated by combined ratio of 85-90%
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Hanna forms. Gustav intensifies.
Gustav could strike US Gulf coast on Tuesday as a CAT 2 or 3 hurricane. Hanna could strike by the end of next week.
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AM Best affirms General Re ratings
Superior ratings reflect support of its ultimate parent company Berkshire Hathaway
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$184bn bonds reinsured
Upfront premium of $741m for MBIA on FGIC portfolio of public bonds
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Willis launches South African M&A practice
Office will support the growth in private equity and transaction activity
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Allianz China Life given reinsurance approval
Regulatory commission says transactions with parent company may be conducted until the end of 2008
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Gustav to pass close to Jamaica
Storm moving toward Jamaica at 8mph. "Gustav could regain hurricane strength by Friday" - NHC
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Brit: ‘We might quit the UK’
CEO cites government uncertainty over tax laws for non-UK business as reason for considering a move
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Gustav weakens - temporarily?
Torrential rainfall in Haiti. Gustav forecast to regain hurricane strength once over sea.
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SCOR increases net income
Results show combination of Converium with SCOR. GPW slightly down on a pro forma and currency-corrected basis.
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Could Gustav be another Hazel?
Comparisons drawn with 1954, as hurricane threatens Haiti. Forecasters puzzle how Haiti's mountains will disrupt the system.
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Gustav shapes up as serious threat
"Not unreasonable to expect Gustav to become a major hurricane" - Dr. Steve Smith