All Finance News articles – Page 8
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Cat losses push Axis into the red
Company reports an operating loss of $154m for 2011; cat losses creep up
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White Mountains gets results boost from units’ sale
Sirius breaks even despite cat losses in 2011
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AM Best upgrades Validus Re rating
Bermudian insurer has received A rating after strong results in 2011
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EQECAT disputes Tokyo quake prediction
Risk modeller finds “significant uncertainty” in research institute’s estimates
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Willis: ILW growth to jump 25% in 2012
Trades hit highs of between $2.75bn and $3.25bn during the crucial 1 January ILW trading season
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News
Munich Re cruise ship loss in tens of millions
Loss could include hull, passenger liability and environmental liability
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Arch expects Thai flood losses of up to $65m
Estimate based on industry wide loss of $10bn-$20bn
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IAG buys 14% more catastrophe protection
Catastrophe-hit insurer buys A$4.7bn programme in 1/1 renewals
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1 January renewals hint at rate rise
Rate movements largely driven by earnings challenge of 2011 rather than the classic capital shortage
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A.M. Best upgrades Swiss Re rating
Strong underwriting performance in the non-life sector is “favourable”
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AM Best downgrades Generali rating
Ratings remain under review with negative implications