All News articles – Page 423
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Fitch downgrades XL units
“Monoline insurer” Security Capital Assurance is downgraded to an “A” rating level
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Allianz reveals record profits
Meets forecasts with operating profit exceeding 10.8bn euros
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Ambac reveals $3bn Q4 net loss
Financial guarantee insurer says loss is due to $5.2bn mark-to-market losses on credit derivative exposures
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Beazley expands political risk team
Crispin Hodges joins Singapore branch from Lloyd's broker Glencairn
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Online onlyMunich Re America names healthcare president
Ed Griese succeeds Robert Trainer, who is retiring
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Guy Carpenter appoints Executive Committee members
Nick Frankland, Andrew Marcell and Ryan Ogaard will join Guy Carpenter’s Executive Committee
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Record year for RGA despite $267.7m subprime loss
Net premiums up 13% to $4,909m; Net income totalled $293.8m
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XL to take $1bn credit crunch hit
XL expects to record a fourth quarter net loss of $1bn to $1.2bn; total loss of $1.5bn to $1.7bn
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Willis expands employee benefits practice
Richard Colver and Martin Ralph bring 40 years experience
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New Marsh unit to advise companies eyeing China
Will provide risk advisory and insurance services to clients looking at setting up or expanding operations in the Greater China region
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Channel Re on review for downgrade
Moody's worrys about mortgage-related risks on portfolio
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Benfield poaches Guy Carp exec
Michael Schnur joins broker as executive vice president in client development group
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Promotion for Aon Re's Schofield
Aon Re Global Fac has appointed Oliver Schofield as head of global strategy
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Online onlySyndicates to cover forestry industry
Through "ForestRe" Lloyd’s will underwrite the world’s only forestry-focused portfolio
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Berkshire Hathaway buys 3% of Swiss Re
Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway
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Swiss Re moves carbon emissions desk to UK
Move due to London becoming "epicentre for carbon markets"
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Worst underwriting year ever for marine P&I
Willis review finds highest level of outstanding claims in 2006/7 policy year
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Online onlySwiss Re in landmark cat bond
$85m bond covers Central American earthquakes; boasts unique index triggers
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Guy Carp in landmark Irish reinsurance deal
Transaction reinsures over €100m of Bank of Ireland Life's existing book of annuity business
