All News articles – Page 426
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Moody's affirms Employers Re
Stable outlook assigned to Swiss Re subsidiary after merger with Westport
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RMS warning on ice storms
Repeat of the 1998 US Ice Storm could generate up to $3bn in insured losses
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MBIA in bid to prevent downgrade
US municipal bond insurer cuts dividends; initiates capital raising after $3.3bn pre-tax write-down
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Benfield: Pricing still robust
Broker's report indicates appetite of capital markets for reinsurance risk stays strong despite falling rates
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New ILW exchange grows fast
Insurance Futures Exchange Services (IFEX) has trading volumes of more than $31m
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Markel goes electronic
Confirms ability to accept claims through electronic claims file system
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Asbestos cover insurer launches
St George Re, backed by Berkshire Hathaway, offers cover for corporate asbestos risk
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Scottish Re hires group controller
David Carrick joins Scottish Re from Tyco International
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AIR: Winter storm losses could reach $600m
California bore the brunt of a storm “unlike classic Pacific Northwest winter storms”
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Scor unit delists from NYSE
Share squeeze-out will enable Scor to hold 100% of Scor Switzerland
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ACORD forms new broker committee
Joins forces with the London Market Insurance Brokers' Committee
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WEF: US recession expected in next 12 months
Latest report from Word Economic Forum (WEF) also highlights highest levels of political and economic uncertainty for a decade
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XL woes see Stoneheath Re on negative
Best puts Cayman Islands exempted company on negative outlook as parent XL suffers pressure on profitability
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CV Starr launches Sideris Re
Energy reinsurer consists of a new Lloyd’s syndicate and a Bermuda entity; private equity firm First Reserve is Starr's partner
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Swiss Re buys stake in Vietnam Re
$79m investment acquires 25% stake in Vietnam National Reinsurance Corporation
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New VP for Endurance
Robert Needle joins as executive vice president excess casualty and professional lines
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Winter storm pounds US
Extreme weather brings "extraordinary amounts of snow" according to AIR