All Europe articles – Page 57
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Paris Re to IPO
The former reinsurance arm of AXA Re has confirmed its initial public offering plans
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QBE to launch casualty division in 2008
QBE European Operations has announced the formation of a Casualty Division
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Pressure to diversify to lead to more M&A
Record profits and the need to diversify has led to a rise in M&A activity
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PartnerRe acquires renewal rights of MCR
Partner Re signs definitive agreement to acquire renewal rights for the international reinsurance business of Mutuelle Centrale de Reassurance
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ACE UK makes changes to management team
ACE announcesa shake up of its UK and Ireland management team.
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ACE opens new offices in Budapest and Prague
ACE has expanded its presence within Central and Eastern Europe with the opening of two new offices
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Caisse Centrale de Réassurance rating affirmed
State-owned French reinsurer CCR has had its 'AAA' rating affirmed
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Marsh poaches Aon team in Scotland
Marsh bolsters presence in Scotland by poaching Aon professional risk team
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Zurich posts record Q1 results
Zurich has revealed a Q1 profit rise of 71% to a record $1.4bn (£705m)
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SCOR and Converium ratings under review
AM Best has placed the financial strength ratings of SCOR and Converium under review
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New CEO for Kiln subsidiary
Kiln has announced the appointment of Olivier Terlinden as chief executive officer of Belmarine
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S&P: German insurers face industry change
German insurers industrywide have benefited from a benign market environment but change is ahead
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Converium CEO and CFO to resign by end of year
Converium CEO Inga Beale and CFO Paolo De Martin are to resign
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KPMG reveals reservations over principles-based regulation
Insurers are concerned that the FSA will struggle to engage consistently, according to KPMG
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Munich Re and UniCredit expand joint venture
Munich Re, ERGO Insurance Group and Italian UniCredit have agreed to extend the existing cooperation in Europe
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SCOR ratings unaffected by Converium bid
S&P's ratings on SCOR are unaffected by new Converium bid
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SCOR outlines “friendly agreement” with Converium
Converium will withdraw its litigation against SCOR in the US as part of the agreed terms and conditions between the two companies
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Converium accepts SCOR's improved offer
After numerous rejections over the past few months, Converium is now urging its shareholders to accept SCOR's improved offer for the company
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Hyland joins Flagstone Re from Transatlantic
John Hyland has joined Flagstone Re's Swiss operation