All News articles – Page 230
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M6.5 earthquake strikes Nicaragua
Three million people in Nicaragua, Costa Rica, El Salvador and Honduras felt the quake
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IIS elects Greig Woodring as president
The RGA president and chief executive succeeds Norman Sorensen
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Argenta launches VisionRe investment vehicle
VisionRe will seek to generate an annual return on capital invested in excess of 10%
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Hannover Re: Flood losses in excess of €100m
Reinsurer sees no threat to group net income guidance of €800m for 2013
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Colorado wildfires engulfs homes worth $500m
Thousands evacuated as 40km2 fire destroys hundreds of homes
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AM Best puts Ace on positive
Reflects diversified global operation enhanced by prudent acquisitions
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ACE appoints LatAm surety head
Arturo Martinez will also head up newly-acquired ACE Fianzas Monterrey
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Aon Benfield: US commercial insurers nearly $1bn under-reserved
Reserve deficiencies are supporting rate hikes, says broker
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Berkshire Hathaway launches commercial insurer
Company focused on US excess and surplus lines
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Bahrain’s Trust Re boosts capital
Capital will support the company’s regional and international expansion plans
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Impact Forecasting launches German flood model
Flood footprint is based on satellite images and superimposed on insurers’ portfolios
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Guy Carp names Jason Hurley as UK life reinsurance managing director
Hurley joins from RGA UK Services
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Generali sells Mexican stakes to Banorte for $858m
Deal continues Italian insurer’s disposal of non-core assets
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AM Best affirms Gen Re A++ rating
Superior rating reinforced by strong support from ultimate parent Berkshire Hathaway
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Hungary’s Danube braces for record high
Damage from Central European floods will be costlier than 2002
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Analysis
How to insure Latin America’s infrastructure boom
(Re)insurers see growing demand for specialist cover
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German flood claims expected to reach €3bn
Most claims are likely to be on homeowners’, contents and motor insurance policies, as well as BI insurance