All News articles – Page 347
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Validus seeks to replace IPC board
Validus closes in on target in hostile takover battle. Which other reinsurer is next?
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Online onlyWilhelm Zeller retires
Hannover Re CEO retires today after more than 13 years as head of Hannover Re
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RGA outlook goes negative - Fitch
Large unrealised investment losses cause concern at ratings agency.
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La Colonial under negative review - Best
Dominican Republic insurer does not meet ratings agency's demands for information
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Online onlyIronshore in $300m private equity deal
New capital will help the company exploit ‘opportunities in specialty insurance’.
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Online onlyFlorida and German regulators in insurance tie-up
International cooperation agreement means parties will share information and coordinate on regulation
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Online onlyNew RenRe brand launched in US
New identity will replace ‘Glencoe Group’ name; uses leverage of Renaissance Re brand.
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Online onlyZurich to write fac reinsurance in Dubai
Company gains new licence from the Dubai International Financial Centre
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Al Fajer Re suffers downgrade
AM Best says Kuwait company remains under review following investment shocks
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Aviation market set to harden after Air France disaster
Premiums could rise by at least 10%. Liability loss could be about $600m
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Online onlyQatar tech platform reveals ‘Qatarlyst’ brand
The company, led by a former Lloyd’s executive, will provide electronic trading services to insurance and reinsurance.
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Lead on crashed French airbus successfully issues bond
AXA places EUR1bn bond issue via BNP Paribas, Calyon and HSBC. No connection with airbus crash liability.
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IPC shareholders turn down Max offer
Max Capital withdraws the offer that had been agreed by both boards.
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Countries named and shamed were not warned of “tax havens” criterion
OECD official’s claim contradicted by Gibraltar’s Chief Minister
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Loss from crashed Airbus could be $1bn
Underwriters face loss of $500m-$1bn from Air France plane lost over the Atlantic
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Online onlyVon Bomhard ‘frightened’ by bankers’ influence
European Systemic Risk Council to be dominated by bankers
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Online onlyMiddle East insurers ‘to focus on core business’
Moody's says the region is responding positively to global financial crisis
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Online onlyRenaissanceRe buys Lloyd’s managing agent
Bermudian company announces agreement to purchase Spectrum Syndicate Management Ltd for undisclosed sum
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Online onlyPrivate equity firm launches IrisRe
Bermuda-based company will offer reinsurance primarily as Industry-Loss Warranties
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Transatlantic Re on review for downgrade
Moody's believes the AIG reinsurer has increased cat risk relative to its capitalisation
