All News articles – Page 415
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Marine & energy promotion at Aspen
Simon Mason is named deputy head of marine & energy, International Insurance
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Online onlyWindstorm Emma causes damage across Europe
Strong winds caused damage and disruption in Germany, Austria, Poland and Czech Republic, says RMS
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The party is over, warns Buffett
Berkshire Hathaway’s underwriting profits dip in 2007; Buffett warns profit margins will fall “significantly”
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S&P revises Novae outlook to positive
Rating agency expects to see further legacy resolution through effective run-off of liabilities
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Scor in $100m and EUR36m mortality swap
Swap will compensate Scor in the event of major pandemics, natural catastrophes or terrorist attacks
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Online onlySwiss Re profits in at CHF4.2bn; lawsuit filed
Further credit swap writedown of CHF240m; Class action suit filed against the reinsurer
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Swiss Re relaunches business model
Focuses on business integration and capital market opportunities
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Online onlyUK earthquake costs at £30m
RMS says insured losses could be between £15m and £30m ($30m - $60m)
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Peter Zaffino named CEO of Guy Carpenter
No reasons for Spiller’s departure; Britt Newhouse is named chairman; Both to report to Duperreault
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Cat bonds went "mainstream"in 2007
Guy Carp reports that issuances reached $13.8bn in 2007, 63% more than 2006
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Largest quake in 25 years hits UK
AIR expects damages in the "tens of millions of pounds"
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Florida needs a long-term solution, urges PCI
Floridians want to revisit the 2007 legislation and don't want "quick fixes", reveals a PCI poll
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AM Best downgrades Scottish Re
Troubled life reinsurer's subprime exposures cited as the cause; outlook is negative
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AM Best: Stable outlook for global reinsurers
Prices will continue to soften barring a megacat; merger and acquisition buzz will continue
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LG: Gallagher sold for $45m
Legal advisors in sale of broker to Aon reveal further details of transaction
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Future bright for Middle East
Moody's reports says surge in Middle East insurance markets to continue
