All Financial articles – Page 22
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ACE posts record results
Q2 operating income up 11% to $738m; net income up 15% to $746m
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Stoneheath Re securities under review
AM Best considers change in light of company's links with XL Capital subsidiaries
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First Allianz cat bond for US hurricanes
Joint bookrunners Deutsche Bank and GC securities for $120m cat bond
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XL raises capital after SCA deal
Shares and securities issue could lead to affirmation of stable ratings - Fitch
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Gordon Brown to boost claims at Aon
Broker makes new appointments to manage hull and liability claims
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Analysis
Credit quality falls in Europe
European economies struggle with rising inflation and slowing growth. Credit crunch shows no signs of abating, says Moody's.
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ERM improves outlook at African Re
S&P cites Nigerian company’s strong competitive position in African market
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BarCap places £250m Zest notes
Non-collateralisation transaction for AEGON Scottish Equitable is rated A by Fitch
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Kuwait Re outlook changed to positive
Operating performance at BBB-rated company expected to improve, says S&P
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AM Best downgrades Scottish Re
All ratings removed from under review and assigned a negative outlook
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Montpelier Re reports increased book value
Q2 results also show $63m operating income following share buy-backs
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Arig records drop in profits
Investment income down while reinsurance performs better than last year
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Towers Perrin creates capital markets unit
Focus will be on risk-linked securities and asset risk management
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FOR YOUR DIARY: Beazley 1H08, 25 July
Beazley will announce its 2008 interim results on 25 July 2008.
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Analysis
Insurers' profits fall
1H08 pre-tax profits of Lloyd's insurers to be 24% worse than last year, says equities analyst. Cat losses take their toll.