All Financial articles – Page 54
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New York modernises regulation on reinsurance collateral
State will only impose collateral requirements "when it is required to protect consumers"
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Former PXRE CFO leaves Argo
Robert Myron is leaving the company to pursue another business opportunity
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Allstate income down 15.5% in Q3
Insurer cites cost of cat reinsurance as a reason for reduced premiums
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Ace opens box at Lloyd’s
New Lloyd's entity is "a significant milestone" for newly-named Ace Bermuda International
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Munich Re buys US insurer for $1.3bn
Entering niche segments is part of its “Changing Gear” programme
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Guy Carpenter establishes GC Securities
It has also expanded its investment banking capabilities in Europe
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Spate of new hires at SCOR
Following the integration of Converium, SCOR has assigned a number of key positions across the group
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Kenya Re affirmed; on negative
AM Best affirms Kenya Re's "B+" rating and revises outlook to negative from stable
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Transamerica Re continues European expansion
The life reinsurer continues to see opportunity after opening a Madrid office
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Q3 cat losses lowest in five years
US property/casualty insurers are expected to pay $1.125bn in third quarter catastrophe claims
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Analysis
Capital market revolution
Capital market solutions will transform the industry, predicted delegates at Insuring Climate Change
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Aspen launches excess casualty unit
New Aspen unit will be based in Dublin and led by Bob Patten
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Flagstone opens shop in Dubai
Flagstone Underwriters Middle East Ltd will operate in the Dubai International Financial Centre
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Non-life run-off market contracts by 14%
Life market also saw a decrease in liabilities, according to KPMG/Arc survey
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Flagstone teams up with South African reinsurer
Flagstone Réassurance Suisse has established a technical underwriting relationship with Imperial Re