All Editorial articles – Page 88
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California ends bogus re schemes
State supervisor Poizner clamps down on captive kickbacks and fines offending firm
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Kroll founder leaves MMC
Jules Kroll will retire from MMC in July after 35 years to focus on higher education
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CEA elects new president
Swedish former CEO, Tommy Persson, will lead European insurance and reinsurance federation
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Saudi Arabia posts 24% market growth
Regulator’s annual report names health insurance as fastest-growing sector
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Law firms face increasing liability claims
Marsh warns that economic downturn points to greater need for professional indemnity cover
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Generali Life Re ratings affirmed
AM Best cites strong capitalisation and market position for US subsidiary
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US law firm grows reinsurance team
Harry Cohen and Rodney Zerbe join Crowell & Moring from rival companies
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AM Best affirms Ocaso ratings
Reinsurer is said to have superior risk-based capitalisation and strong business profile
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Brit welcomes AM Best affirmation
"Our ‘A’ rating is important to our brand", says CEO Douetil
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Best: Aspen Specialty Insurance under review
Rating actions reflect the uncertainty surrounding ASIC’s ultimate role in the US
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Guy Carp names Mango chief actuary
Previously, Mango was the head of Guy Carpenter’s enterprise risk management advisory practice group
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Analysis
A weighty problem
Munich Re explains how reinsurers can help tackle an “explosion of obesity”
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PPPs a good solution as cat losses rise - Swiss Re
Public private initiatives could ease the burden on poorer nations as climate change and population growth see losses rise
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Bond insurer downgrades cause fund volatility
The fund credit quality ratings on nine fixed-income funds have been adjusted, reveals S&P
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National Life Group CEO to retire
Thomas MacLeay has spent 32 years at the company which has revenues of $1.4bn
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Brown & Brown buys Alpha Benefits assets
Acquisition adds employee benefits strength to US intermediary
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Caribbean governments renew CCRIF policies
Action taken in preparation for 2008 hurricane season
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XL approved as admitted reinsurer in Brazil
XL Re Latin America will operate in both Rio de Janeiro and Sao Paulo; local reinsurer status pending