All News articles – Page 408
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Amlin appoints lead cargo underwriter
Tom Brand joins the Lloyd’s insurer from Swiss Re’s marine team
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Montpelier Underwriting appoints new president
Two senior vice presidents also join with responsibility for programme management and direct property facultative business
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Chubb unit plans reinsurance presence in Brazil
Move will help to complete Chubb's market penetration and add capacity for its existing local subsidiary
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Online onlyBermuda market premiums soar to $115.8bn
Premiums up and 71 new insurance entities set up in 2007 despite softening market, says the Bermuda Monetary Authority
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Gen Re ratings unaffected by CEO resignation
The resignation of Brandon will reduce the scrutiny applied to Gen Re, says Best. S&P also maintains ratings
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US tornado losses already exceed $1bn in 2008
Could AM Best's review provide a grim forecast of weather losses to come?
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DLA Piper appoints 'pre-eminent' reinsurance litigator
Lawrence Brandes was previously with Cadwalader, Wickersham & Taft
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Brandon quits General Re
Company president Tad Montross will take over as CEO, according to company statement
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Global Takaful market ‘worth up to $15bn by 2018’
Limited re-Takaful capacity will be a key challenge, according to Ernst & Young report
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Aon appoints renewable power practice leader
London-based Tom Sexton previously held the same role at Marsh
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XL forms global product development team
Objectives will be to evaluate current products and develop opportunities with clients and brokers
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Belmont unveils new Caribbean catastrophe product
Solution for governments provides alternative to existing public sector facility and will be followed by separate protection for industry
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RenRe ratings unaffected by Agro National buyout
RenaissanceRe Holdings will acquire Agro National LLC in an all cash deal
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Scottish Re downgraded again
AM Best has noted a “heightened lack of clarity with respect to Scottish Re’s financial strength position”
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Wasa buys Nordic run-off portfolios
Wasa Run-Off has entered into an agreement to acquire two run-off portfolios from Codan
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Online onlyParis Re moves Bermuda firm to Switzerland
Following ACE’s move from Cayman to Zurich, Paris Re merges its Bermudan and Swiss entities
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Online onlyScor enters Brazil reinsurance market
Scor joins recent movers Transamerica, Swiss Re and XL in Brazil
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Munich Re foresees growing catastrophe claims in India
'In coming decades, the effects of climate change will make themselves felt particularly in emerging markets'
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Arthur J Gallagher Asia in management buyout
New company to be named Asia Reinsurance Brokers, with offices in Singapore and Malaysia
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Many captives failing to optimise their structure - Marsh
A landmark study finds captive capitalisation higher than required, while their growing risk appetite should be noted by reinsurers.
