All Financial articles – Page 41
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Fitch updates financial guaranty modelling
Also places Ambac, FGIC and SCA on ratings watch negative
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Online onlyMunich Re to open branch in Brazil
Munich Re will be represented by a subsidiary in São Paulo
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Online onlyXL reports $1bn loss for Q4 2007
Reinsurance premiums down 52.4% due to “timing differences” on large contracts
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Hannover Re "satisfied" with renewals
Rate reductions smaller than anticipated despite soft market, CEO Zeller says
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AnalysisAllstate forced to defend rate hikes
A Florida Senate panel grills the insurer after banning it from the state
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CCRIF announces new measures for 2008
Premiums down; attachment point decreased to one in 15 year events
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AXIS profits break the $1bn mark
2007 was a "milestone year" for the six-year-old Bermuda reinsurer, says CEO John Charman
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Another downgrade for FGIC
S&P downgrades Financial Guaranty Insurance to 'AA' from 'AAA'
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Unum in $350m share repurchase
Buysback stock from Morgan Stanley as part of wider $700m plan
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Transatlantic reports record net income
Net income up 13.8% to $487.1m from $428.2m the previous year
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Benfield opens Beijing office
Huang Ling, previously with Benfield in Shanghai, has been appointed as chief representative
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MBIA reveals full year $1.9bn loss
Insurer writes off Channel Re; reiterates commitment to $2bn capital raising
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Everest Re full-year profits match 2006
Q4 income down after asbestos reserve strengthening; share buyback to continue
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Munich Re America ratings upgraded
Upgrade reflects the significant level of support from parent Munich Re, says AM Best
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Online onlyAllstate profit drops 37% on cat losses
Net income drops to $760m from $1.21bn the previous year; combined ratio up to 95.9%
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Gallagher Re up for sale
Arthur J Gallagher has confirmed it will sell its reinsurance operations in early 2008
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Record €3.9bn profit for Munich Re
Treaty premiums fall €1.2bn but renewals hailed a success; subprime exposures limited
