All Financial articles – Page 53
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Swiss Re ratings unchanged after Resolution bid
The closed life transaction would be Swiss Re’s largest Admin Re deal to date, says AM Best
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Wildfires to have limited ratings impact
Insured losses may modestly weaken full year operating results, warns AM Best
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AIR: Wildfire losses likely to exceed $1.2bn
Between 500,000 and 1 million people have been forced from their homes
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Arch sees moderate rise in net income
Gross written premiums down on 2006; combined ration 84.8%
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Montpelier Re details subprime exposure
Combined ratio of 57.9% reflects relatively benign catastrophe quarter
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Analysis
UPDATED: New catastrophe landscape
The Bermudan Q3 results reveal that the hurricane season alone no longer dictates a reinsurer's success
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Ace Q3 net income jumps 13%
Despite record profits, reinsurance net premiums written declined 24%
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XL takes Q3 subprime knock
XL profits are down 21% primarily due to exposures to the global credit crunch
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Axis: Charman changes retirement plans
Despite plans to retire in December 2008, John Charman's employment agreement has been extended
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Platinum sees net income rise 7.5%
Net premiums down 14.5%; combined ration down to 81.3%
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XL loses its top two men
Brian O’Hara and Michael Esposito have announced they are retiring
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Drive to differential pricing to have "mixed impact"
New S&P report expects EC enquiry to add impetus to differential pricing drive
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Willis resolves discrimination suit for $8.5m
Willis settles class action but continues to deny any gender discrimination
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Montpelier Re launches US property business
Property treaty business to be headed by Kevin Sullivan
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Lehman Brothers launches securitisation vehicle
Libero Ventures to move exposures to capital markets
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China Re moves closer to IPO
China Re completes its restructure ahead of listing on the Hong Kong and Shanghai stock exchanges
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Arch names new president
Terry Pimentel is named president of Arch Insurance Bermuda as James Ansaldi steps down