All News articles – Page 383
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Endurance gains A rating
Fitch assigns first-time ratings to holding company and its subsidiaries
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Pehrson joins Aon Re from Guy Carp
Guy Carpenter New York MD joins Aon Re Global as executive director
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Willis Re makes three senior appointments
John Ehinger becomes COO. Mark Lever has been promoted to Chief Administrative Officer. Iain Pocock continues as CFO with increased responsibilities.
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Hannover Re reports reduced income
Capital market and exchange rate movements dampen profitability
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Prudential settles over finite reinsurance
Prudential agrees to a permanent injunction against further violations, after SEC complaint.
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Validus shelf rated
A.M. Best assigns indicative ratings of "bbb-" on senior debt, "bb+" on subordinated debt and "bb" on preferred stock. No plans to offer securities currently.
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Flu is greater risk than terrorism, says UK government
British Cabinet Office reveals national threat assessment
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Markel International's income falls
Investment loss of $114m. Net income per share down by almost half, during first six months of 2008.
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Edouard weakens to a depression
Wind speeds down. Rain accumulations of 3 to 5 inches in Texas. 10 inches in places.
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Lancashire writes 27% less in Q2
Premiums drop, but book value up, as company maintains cautious approach in softening market.
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Gribben becomes Global Sales & Marketing Director, Willis Group
Willis International to be led by Brendan McManus, Eugenio Paschoal, and Flavio Piccolomini.
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Edouard losses to be low - EQECAT
Cat modelling agency expects onshore losses from Tropical Storm Edouard to be less than $100m. Offshore, newer platforms OK. Strength increasing to hurricane force.
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Swiss Re reports net income of CHF 600m
Strong Q2 performance in property & casualty and life & health businesses
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Swiss Re to buy Barclays Life
£753m deal represents 760,000 insurance and pension policies
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Axis Capital reports Q2 income of $231m
Company received record net investment income of $137m
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Channel Re downgraded from Aa3 to Baa1
Moody's action reflects concerns over mortgage-related CDO exposure
