All News articles – Page 384
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Channel Re downgraded from Aa3 to Baa1
Moody's action reflects concerns over mortgage-related CDO exposure
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PartnerRe appoints finance director
William Babcock joins from Endurance Specialty Holdings
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RMS in $200m cat bond landmark
First cat bond issued using agency’s Paradex European windstorm index
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ACE warns of heightened D&O risks
Law change in Ireland prompts company to launch enhanced cover
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Generali seals Bahrain contract
Deal allows for distribution of life, medical and employee benefit policies
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Tropical Storm Edouard threatens oil facilities
Edouard expected to strengthen to hurricane strength before striking upper Texas coast
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Julian remains about 55 kmph
Tropical Depression Julian (10W), located near the Philippines, caused heavy rains. Now heading toward China.
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Odyssey Re Q2 profits fall
However, six month results still remain higher than corresponding results from last year
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Senior promotions at Munich American Re
Stephen Rulis and Thomas Penn-David become vice presidents
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SCOR acquires Prevoyance Re
Deal includes five-year tie-up with French social protection provider
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Wildfires rage across California
4,000 firefighters battle ‘Telegraph Fire’ in a bid to save homes and infrastructure
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Willis commissions up despite soft market
Commissions up 3% despite declining premium rates. Net income for the quarter falls by half, after costly contract buyouts and severance costs.
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Allied World opens Atlanta office
Move allows US division to expand distribution in Southeast
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John Doucette joins Everest Re
Previous Max Bermuda president and chief underwriting officer of P&C becomes exec vp at Everest Re Group
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ACE posts record results
Q2 operating income up 11% to $738m; net income up 15% to $746m
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Transatlantic Re opens in Munich
Move brings company ‘closer to the sources of business’
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Stoneheath Re securities under review
AM Best considers change in light of company's links with XL Capital subsidiaries