All Europe articles – Page 39
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Windstorm Emma causes damage across Europe
Strong winds caused damage and disruption in Germany, Austria, Poland and Czech Republic, says RMS
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Scor in $100m and EUR36m mortality swap
Swap will compensate Scor in the event of major pandemics, natural catastrophes or terrorist attacks
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Swiss Re profits in at CHF4.2bn; lawsuit filed
Further credit swap writedown of CHF240m; Class action suit filed against the reinsurer
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Swiss Re relaunches business model
Focuses on business integration and capital market opportunities
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Future bright for Middle East
Moody's reports says surge in Middle East insurance markets to continue
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Marsh CEO outlines changing risks for national oil companies
Pandemics, climate change, cyber crime, population explosion all threats
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S&P lowers five securitisation ratings
Downgrades come after monoline actions, although 28 ratings were also affirmed
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Legacy management considers "non traditional" growth
ARC reports strong 2007 and flags potential developments for 2008
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Terrorism insurance take-up slow
Willis conference reveals low insurance spend on terrorism and related classes
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Axis buys Middle Eastern loss adjuster
Acquisition of Global Adjusters will trade as Axis International
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Europe consumers to help avoid recession
S&P says European consumers will determine how severe economic slowdown becomes
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Another record year for Munich Re
Reinsurer to return over EUR1bn to shareholders after record profits of EUR3.9bn
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Quakes hit Sumatra and Greece
7.5 magnitude quake strikes Indonesian island of Sumatra; tsunami warning issued
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Munich Re's mortality notes rated
S&P assigns "A-" to Munich's $100m mortality catastrophe-indexed notes
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Munich Re places pandemic risks on capital markets
German reinsurer establishes $1.5bn bond programme for transfer of extreme mortality risk
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Montpelier Re profits dip marginally
Wildfire losses hit Q4 results; roll-out of new Lloyd’s, European and US platforms cost $12m
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Munich Re predicts 98% combined ratio for 2008
The slight increase is due to moderate price falls and the impact of natural catastrophes
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New CEO for Scor Global Life
Gilles Meyer, previously CEO of Alea Europe, is promoted to CEO of life business