All Financial articles – Page 28
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Channel Re ratings downgraded; outlook negative
Channel Re faces much-reduced business given its sole source is MBIA, says S&P
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Liberty Mutual expands into India
Liberty Mutual and its partner Dabur GI Invest Corp plan to form a non-life insurance company in India
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Fitch affirms Flagstone "A-"
Partially offsetting the positives are the effects of the company's limited operating history
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RGA ratings affirmed after MetLife split off
RGA’s overall capitalisation levels will remain unchanged after MetLife transaction
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MetLife to divest stake in RGA
Common stock to be recapitalised into two classes and offered to MetLife stockholders
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AM Best rates Valais Re notes
Assessment relates to retrocession agreement with Flagstone companies
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Flagstone buys retrocession cover from cat bond
Multi-year indemnity deal with Valais Re ‘gives more price certainty’
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Cooper Gay completes Heath Lambert buyout
The acquisition, for an undisclosed consideration, will increase Cooper Gay’s UK revenue by over £8.5m
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AM Best assigns ratings to Starr
Assessment reflects ‘sound business plan and solid risk-adjusted capitalisation’
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Starr contributes $1m to China quake relief
We strongly encourage others to consider funding the relief efforts in China, said CEO Hank Greenberg
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Lloyd’s Syndicate 958 ratings affirmed
A (Excellent) for company managed by Omega Underwriting Agents
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ERM and underwriting discipline a must for US insurers
The tide is turning, warns S&P. Competitive pressures are intensifying and the cost of capital remains high
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Prices to drop 15% at mid-year - Guy Carp
A competitive market and the absence of any major insured losses is driving down pricing ahead of the Florida renewals
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Swiss Re extols non-life reserving
Sigma study suggests improved practices could benefit the whole industry
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Narrow margins ‘could hurt US ratings’
S&P: price deterioration in commercial lines is likely to impact profits
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AM Best affirms ratings of Paris Re
Assessment follows transfer of Bermuda activities to Switzerland
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Greenberg investigated in second AIG deal
SEC probe has turned its attention to a second deal made by AIG that goes beyond this year's trial, say reports
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S&P maintain stable outlook for global reinsurers
Reinsurers have delivered returns "not seen in over a decade", but conditions in 2008 are more challenging
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IAG CEO resigns amid failed QBE bid
Michael Hawker struck a defiant note while acknowledging he had lost investor support
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Benfield invests $50m in ILS firm
Former RenRe SVP Michael Cash is CEO of new ILS investment management firm, Juniperus Capital Limited