All Financial articles – Page 31
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Ambac outlines recovery plan
Despite challenging conditions, the monoline is “committed to achieving stable ratings”
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Validus launches Miami-based Latin insurer
Validus Reaseguros will specifically target the Latin American and Caribbean markets
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RenRe names new Glencoe SVP
Dan Eudy most recently served as CEO of Industrial Risk Insurers
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Swiss Re rating ‘unaffected by write-downs’
S&P cites the reinsurer’s strong capital position despite CDS losses
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SCOR rolls out global network of hubs
Company's Cologne office is first to adopt new structure
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Hannover Re Q1 income up 22.6%
Balance sheet boosted by low catastrophe claims and disposal of investments
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Albertini to head up Amlin ILS venture
New investment management firm is headed up by John Wells and former Swiss Re ILS head Luca Albertini
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Swiss Re Q1 profit down 53%
Company reports additional loss of 819m Swiss francs in structured credit default swaps in run-off
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Online onlyInvestment loss sees Berkshire profits plummet
During the first quarter Berkshire’s derivatives had an unrealised pre-tax loss of $1.6bn
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Argo Group appoints Jay Bullock CFO
Bullock was formerly head of Bear Stearns’ Insurance Investment Banking Group
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S&P affirms Berkshire’s “AAA”
Derivative loss of $1.6bn is contained within the $281bn in total assets at the end of Q1
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Hiscox names Gould COO
Michael Gould joins Hiscox from Aon where he was COO of the corporate division
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Endurance income drops; GWP leaps 51.5%
Premiums grew due to the acquisition of an agriculture insurance company, says LeStrange
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Talbot contributes to Validus’ Q1 profit growth
Net income was up 17% to $66.5m for Q1, compared to $56.7m a year ago
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Gen Re names Cholnoky president
John Cholnoky has been promoted to president of General Re and manager of its property and casualty division
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Willis reports slight dip in Q1 income
Revenue boosted by organic growth, but takings were impacted by severance charges
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Catlin leads coverage for Far East Land Bridge
The Land Bridge is for goods transported by a new rail container service linking Europe with China
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Glacier Re makes senior appointments
The Swiss reinsurer has named Eddie Harte as operations and finance manager and Pascal Gabathuler as risk manager
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Montpelier Re reveals $1.8m Q1 loss
The reinsurer's profits were dented by cat losses, including European windstorm Emma
