All News articles – Page 289
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Online onlyOmega subsidiary loses AM Best A- rating
Other ratings remain on negative review after new acquisition offers
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Online onlyGoldman and Arch complete Ariel purchases
Goldman buys Ariel Re and Arch buys Ariel’s Swiss credit and surety reinsurance operations; Atrium remains
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Online onlyAllied World Re names Barrett SVP
Joseph Barrett will oversee the crop, energy and specialty property treaty lines of business
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Online onlyMarch tornadoes cost insurers $1.2bn
Early start to US severe weather season sees losses climb to $1.8bn – Impact Forecasting
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NewsLancashire renews $350m credit facility
Letters of credit will support obligations under reinsurance liabilities
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Online onlySwiss Re places $240m Allianz cat bond
Blue Danube covers North Atlantic hurricane and North American earthquake risks
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Online onlyPrices continue to rise at 1 April – Guy Carpenter
Rates climb for all Japanese property catastrophe and per risk lines
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Online onlyValidus launches new Bermuda reinsurer
Teams up with hedge fund Paulson & Co to launch PαCRe
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Online onlyWillis Japan taps Aon for new retail chief
Yoshihide Enomoto replaces Takeshi Kai as broker opens new Osaka office
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Online onlyTornadoes rip through Dallas
Insurers are already facing $2bn in claims from the 2012 convective storm season
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Online onlyFlagstone sells Lloyd’s business to ANV
Sale will generate $48m in cash and free up $162m of capital
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Online onlyKiln enters equine market
Underwriter Georgina Smart joins Kiln after ten years at Catlin
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Online onlyGen Re appoints chief underwriters
Treaty promotion for Carole Ferrero and global fac promotion for John Kronenberg
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Online onlyFlagstone sells Island Heritage to BF&M
Troubled reinsurer will net around $41m from the sale
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Online onlyMarket remains ‘segmented’ at 1 April – Willis Re
Japanese property cat price hikes range from 10% to 100%
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Online onlySwiss Re receives DIFC license
Dubai office will become the main hub for energy, power and engineering risks in the Middle East
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Online onlyPERILS introduces UK flood exposure data
Zurich-based catastrophe data aggregator broadens database; windstorm exposures rise
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Online onlyDuperreault named chairman of FACI
Federal Advisory Committee on Insurance provides advice to the Federal Insurance Office
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Online onlyAlterra: Gamble to lead US professional liability
Unit combines Alterra’s executive liability and professional liability business
