All Financial articles – Page 50
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Greenlight Capital reports Q3 loss
Blames rising expenses for $2.1m loss compared to $17.5m profit in 2006
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Scottish Re on negative due to subprime exposure
Moody's affirms ratings; places negative outlook due to subprime exposure and Q3 losses
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Scor sees 93% growth in profits
Converium acquisition contributes to year-to-date net income of €299m
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Fitch upgrades Montpelier Re
Ratings reflect Fitch's "heightened comfort with Montpelier Re's risk management practices and risk profile"
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Lockton strengthens international construction team
Duncan Urquhart joins as managing director from Oxygen
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Amlin returns £120m shareholder capital
Amlin announces it is to return £120m of capital to shareholders
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Features
Directors in the dock
Much has been made of the potential fallout from the subprime crisis on the insurance industry. Simon Goldring and John Bruce examine some of the existing and potential litigation targets.
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Features
Tempest brewing offshore
Insurers and reinsurers in the US have reignited the debate surrounding offshore reinsurers’ ability to dodge US income tax. Ronald Gift Mullins reports.
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Willis: Subprime D&O claims could top $3bn
New report also reveals increases in foreclosures across country
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MMC chief exec blasts Marsh
Michael Cherkasky blames "unacceptable financial performance" of Marsh for Q3 profit slump
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Scottish Re woes continue
A net loss of $109.5m reflects the company’s “sizeable subprime exposure”
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Flood losses fail to dent Flagstone results
Flagstone profits and premiums grew in the third quarter of 2007
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Allied World reveals drop in premiums
CEO warns of “challenging marketplace”; reveals write-downs of $37.7m