All News articles – Page 330
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Why the ash cloud has a silver lining for insurers
AIR explains why disruption to European air travel is not expected to trigger large insurance losses
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Munich Re creates SPV for US risks
Cayman-registered Johnston Re will provide hurricane coverage for two North Carolina insurance groups
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Moscow Re rewarded for enhanced structure
Russian reinsurer upgraded to 'BB' by Standard and Poor’s
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Long Bay Re to float on the AIM
Reinsurer was formed to provide collateralised cat cover for members of the Catlin Group
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No major losses from volcanic eruption
Munich Re says impact of Icelandic ash will be limited
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PERILS says Xynthia cost €1.28bn
European catastrophe data company gives initial estimate of Western European windstorm
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Everest Re upgraded on financial strength
World’s 10th largest reinsurer has seen liquidity and asset portfolio improve.
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Caribbean brokers merge
CGM Gallagher Insurance Brokers announces strategic merger with Zenith Insurance Brokers
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‘More than 100 aftershocks’ follow Mexico earthquake
Infrastructure losses, damaged buildings and power cuts reported around Baja California region
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Torus enters financial lines market
London-based unit will write international D&O, PI and others
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Ironpro in tie-up with JLT Facilities
Joint initiative will provide legal liability coverage
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Liberty Syndicates in space deal with Intelsat
Satellites agreement provides mutual advantage in underwriting and consulting
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Munich Re America rebrands
Company to be known as Munich Re; sharpens brand positioning strategy
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Reinsurance rates still softening at April 1 renewals
Aon Benfield reports level to declining cedant demand; non-peak zone cat losses have no pricing impact.
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Reinsurance rates continue to dip at April 1 renewals
However, Guy Carpenter says several US business lines showed no signs of impact by Q1 catastrophe activity