All News articles – Page 335
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Consumers ‘disappointed’ by US budget reinsurance plans
Proposals in FY2011 Federal Budget point to rate hikes and decreased availability of Insurance
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SCOR sees 7% rise in P&C volume
Reinsurer’s 1/1 renewals were characterised by ‘portfolio management, profitability and growth’
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Eastern US suffers under winter storms
More snow ahead; state of emergency is declared in Washington DC, Maryland and Virginia.
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AIG unveils Hancock as exec-vice president
Hancock joins from KeyCorp and will report to CEO Benmosche
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Gulf Insurance Group gains new-style reinsurance structure
Guy Carpenter completes deal incorporating six group companies into a single programme
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Labuan Re reports low loss ratio despite cat claims
Reinsurer generated 43% of business from Lloyd’s
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Korean Re outlook improves
AM Best praises reinsurer’s international book of business and sound capitalisation.
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Sony Life and Aegon form new Bermuda reinsurer
SA Reinsurance will write life business for an existing joint venture
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Tech firm warns against two-speed broker market
Trisystems says software can level the playing field for accessing London Market initiatives
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K6 shows investors want retro
Hannover Re’s recent deal shows that retro is available from capital markets
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Buffett ups stake in Munich Re to over $900m
Personal holding accounts for 3.045% stake in reinsurance giant
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Aon Benfield launches FAConnect
Ascot Underwriting one of the initial placement partners
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British Virgin Islands updates insurance rules
Change will open the door to more sophisticated types of insurance and reinsurance
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Beazley expands in US and Norway
New office planned in Oslo. Paul Gulstrand hired to head accident & health insurance in the US
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Ethiopian Airlines plane crashes near Beirut
90 feared dead. ACE thought to be insurer of the Boeing 737-800