All News articles – Page 361
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Catlin to form US casualty fac reinsurance unit
New product will be distributed exclusively through reinsurance intermediaries
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Transatlantic Re downgraded
S&P: concerns over AIG’s stake and inability to meet performance expectations
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State Farm terminates contract with Satyam
Insurer ends outsourcing contract with troubled Indian software services company.
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Online onlyObama sworn in as President
"We must pick ourselves up, dust ourselves off, and begin again the work of remaking America," he says in inauguration address.
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Citadel in run-off deal with Arthur J Gallagher
Run-off specialist ‘ecstatic’ after creating a run-off sector for the reinsurance intermediary market
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Garand to be sentenced on 4 March
Former Gen Re chief underwriter, found guilty of fraud last year, thought unlikely to receive heavier sentence than CEO
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Fanele nears Madagascar
CAT 1 hurricane wind speeds of 41 m/s reported. Threatens Mozambique also.
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Online onlyChaucer makes senior management changes
John Fowle, Andrew Voke and Kim Barber are among underwriter promotions at syndicate
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Online onlyAIG Chief Investment Officer to step down, says report
Win Neuger will have a narrower role at AIG, according to the Wall Street Journal.
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SCOR gains Labuan life retakaful licence
Approval could mean 20 new takaful clients within one year
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Atlas Partners boosts M&A team
Senior appointments reflect expansion in insurance industry
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Amlin Bermuda appoints CFO
Elizabeth Murphy joins following former senior posts at Kiln, Scottish Re and ACE
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Online onlyMarkel appoints senior underwriter
Louisa Lou will conduct casualty business in Singapore
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Helix directors to join Randall and Quilter
Pair will boost plans to develop broker reinsurance collection services
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Underwriters’ priorities for 2009
Claims, premiums and regulation on the wishlist for IUA members
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Milli Re GM steps down after 45-year career
However, Cahit Nomer will stay on the board as a reinsurance supervisor
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Cat bonds are back
SCOR issues $200m three year transaction led by BNP Paribas and Deutsche Bank
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UBS to buy AIG commodity index business
UBS to pay $15m plus up to $135m based on future earnings.
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Online onlyAnother AIG man goes to Zurich
AIG loses more than 100 staff to Zurich Financial Services since bailout
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Q4 results could reveal investment losses
Ace, EverestRe and PartnerRe to benefit from woes of AIG and XL, according to share analyst
