All Life articles – Page 5
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Credit crunch could upset life insurance sector
Despite a declining and more volatile equity market S&P is maintaining its stable outlook for US life insurers
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More rating downgrades for Ballantyne Re
Standard & Poor's has lowered its senior debt rating on Ballantyne Re notes to 'BB' from 'BBB-'
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Gen Re LifeHealth appoints former banker
Jeremy Starr, formerly of Lehman Brothers, becomes vice president, client solutions
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RGA reports adverse effect of high claims
Life reinsurance claims higher than expected in US and UK
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Scottish Re downgraded again
AM Best has noted a “heightened lack of clarity with respect to Scottish Re’s financial strength position”
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Scor enters Brazil reinsurance market
Scor joins recent movers Transamerica, Swiss Re and XL in Brazil
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Transamerica Reinsurance set to enter Brazil
Company will register as an admitted reinsurer in newly-opened market
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Scottish Re delays earnings release again
Troubled life reinsurer blames continuing deterioration in the credit markets
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Subprime sees Ballantyne Re downgraded again
Scottish Re's sidecar is downgraded and placed on rating watch negative; significant subprime exposures warns Fitch
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Scottish Re delays results filing
The delay is due to subprime assessments and the life reinsurer's change in strategic focus
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Scottish Re waves goodbye to another CEO
George Zippel to leave in July; board feels his contribution is "no longer considered viable" given subprime exposures
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Scor in $100m and EUR36m mortality swap
Swap will compensate Scor in the event of major pandemics, natural catastrophes or terrorist attacks
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AM Best downgrades Scottish Re
Troubled life reinsurer's subprime exposures cited as the cause; outlook is negative
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S&P: Scottish Re to remain on creditwatch negative
Troubled life reinsurers' change in strategy will only provide a modest offset to its subprime exposures
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Scottish Re abandons international life reinsurance
Change in strategic focus following downgrades sees company concentrate on North American life reinsurance
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Subprime hits Scottish Re
Moody's places company ratings on review for downgrade on $3bn subprime exposure
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New CEO for Scor Global Life
Gilles Meyer, previously CEO of Alea Europe, is promoted to CEO of life business
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Best rates Barbados-based CIBC Re
Life and health reinsurer’s parent is the Canadian Imperial Bank of Commerce
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Further downgrades on Ballantyne Re
Mark-to-market losses have increased, putting additional strain on the structure, says S&P
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Scottish Re appoints new board member
Seth Gardner will be replacing Lenard Tessler who has resigned to pursue other opportunities