All News articles – Page 369
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Hardy hurricane losses at $23m
Investment performance insulated by earlier disposal of equity portfolio
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Montpelier Re reports Q3 loss of $55m
Drop in operating income follows $130m impact of hurricanes
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Munich Re will ignore low-priced business
Giant says 10 biggest reinsurers have lost 25% of their market value
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AIG borrowings already at $72bn
Funds being used for collateral obligations under CDS portfolio
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Aon moves White Rock from Gibraltar to Malta
Low net tax and network of tax treaties ‘made the island attractive’
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Moody's reviews XL Capital for possible downgrade
Follows XL's announcement of an estimated $1.6bn to $1.7bn net loss
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Allstate’s issuer credit rating downgraded
AM Best cites company’s surplus decline due to catastrophe losses
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VIG Re assigned its first ratings
Czech-based newcomer rated 'A+' on links with Austrian parent, says S&P's Ralf Bender
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RGA reports 67% drop in Q3 net income
CEO says fall was caused by $99.8m in net investment losses
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Allstate CEO credits re deals for limited cat loss
Company posts $923M net loss for Q3 including investments
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Montpelier forms Lloyd's managing agent
Subsidiary will assume management of Syndicate 5151
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AIG could need even more cash
$85bn was not enough. Now $120bn loan may not be still not be enough for credit default swap-mired AIG.
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Platinum Underwriters expands share buyback
New maximum of $250m for share repurchase programme. Quarterly dividend declared.
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JMD reports widely used at Lloyd's
New service reporting on the timing of broker premium payments is taken up at Lloyd's
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Metrobank could bid for AIG local unit
Philippines' largest lender interested in buying Philamlife
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ING Canada ratings unchanged - Moody's
Canadian P&C insurer avoids downgrade of its parent ING Groep N.V.
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Allied World recruits Goldman Sachs manager
John Gauthier was head of fixed income portfolio management for the investment bank
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Bank of Beijing could buy stake in ING life venture
Bank of Beijing in talks to purchase a 50% stake in one of ING's life insurance ventures in China
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Platinum Underwriters reports $43m Q3 loss
$120m hurricane losses partially offset by investments and net premium