All News articles – Page 358
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Insurers ‘confused by BER’
European Commission ‘still unconvinced’ on standard policy conditions
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Uncertainty over Swiss Re
Shares fall blamed on worse than expected losses and bigger than expected capital-raising measures.
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Cat modeller confirms bushfire losses
AIR compares severity of previous fires in South-Eastern Australia
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China Life puts $300m into asset management unit
A total of 2 billion yuan injected to strengthen its capital base
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Details of Chaucer offer revealed
Norton Rose advises Lloyd’s insurer on shares and raising capacity
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Moody's downgrades Swiss Re ratings
Senior to Aa3; ratings on review down; short-term ratings of P-1 affirmed
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Block exemption edict expected on Monday
European Commission representative Eithne McCarthy to speak at insurance law event in London
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Swiss Re under review by AM Best
With negative implications; ratings reassessment will follow Berkshire Hathaway deal.
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AIG 'price cutting' to be investigated
U.S. Government Accountability Office to review claims of "market distortions" in the U.S. property-casualty market.
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Madoff's List revealed
List of thousands of customers of Bernard Madoff has been made public.
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Lloyd’s makes senior appointments
New deputy chairman and members of Lloyd's Council elected
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AIG sells its Thai retail bank and card operations
Bank of Ayudhya in US$58.7m purchase of AIG Retail Bank and AIG Card (Thailand).
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Swiss Re ratings on S&P credit watch
Rating agency says reinsurers write-downs and need for new capital were ‘beyond expectations’
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Aspen net income down 78.8%
CR of 95.6% for 2008; capital position and business flows remain strong, says CEO
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Buffett to invest CHF3bn in Swiss Re
Swiss Re shores up capital, expecting net loss for 2008 of CHF 1bn
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Munich Re: €100m profit in Q4 despite financial gloom
Reinsurance combined ratio of 99.5%; shorter-tail business has increased; 2008 profit of €1.5bn.
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Axis secures ratings increase
Standard and Poor's cites strong operating performance and moderate earnings volatility
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New Castle Re downgraded
AM Best reassesses company in run-off following sale of infrastructure and change in business profile
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Cayman insurance deputy joins Heritage
Dean Wickens will be part of the company’s expanding team in the Arabian Gulf