All News articles – Page 359
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Online onlyTysers launches marine cargo capability
Broker appoints Edward Page-Turner, formerly at Benfield and Marsh
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Willow Re rating lowered to D
Cat bond was one of four for which Lehman Brothers was swap counterparty
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Hannover Re predicts 15% ROE in 2009
Reinsurer ‘satisfied’ with non-life treaty renewals
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Online onlyUK snow caused by European low pressure
Significant disruption caused. 20% of workforce off work on Monday.
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New casualty division at Argo Re
Led by former XL executive Nigel Mortimer; Argo’s US president leaving in May.
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Mitsui Sumitomo opens in Qatar
Insurer receives QFC approval; expected to attract more Japanese companies to Qatar
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Hardy expects £170m GWP for 2008
Losses from Gustav and Ike revised down $23m to $17.6m. Rates up 5.2% at Jan 1 renewals.
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Transatlantic sees positives as income drops
Q4 income falls to $4.4m from $112.5m; renewals good despite concerns over AIG backing.
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Starr and Zurich in US alliance
Deal allows for extra capacity for commercial property risks in North America
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AIG names vice chairman
Anastasia Kelly promoted from the role of executive vice president
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Online onlyNew Fortis deal
BNP Paribas and Fortis agree revisions to their deal, hoping that shareholders will accept it on 11 February.
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Storm: insured loss up to €700m in France
AIR estimate of €350m - €700m for Winter Storm Klaus in South of France
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Willis Re takes 17 Carvill brokers
Appointment of speciality brokers will drive growth in US, UK
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Guernsey insurance entities up 1%
Some growth despite competition from other jurisdictions
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RGA appoints professor and merchandising exec
New board members replace former directors associated with Metlife, RGA’s former shareholder
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Compre buys Länsförsäkringar’s companies in run-off
Deal involves Stockholm Re and Wasa International Insurance Company
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SCOR cat bond rated B+ and B
S&P rates new cat bond for U.S. hurricane and earthquake risks
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State Farm to exit Florida property
Insurer intends to leave market within two years, after failing to achieve rate increase
