All News articles – Page 431
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Enstar buys Cobalt/Gordian for $518m
AMP has sold the runoff operations for a profit of $73m
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AM Best hires Lloyd's head
Nick Charteris-Black will join the rating agency in 2008 as director of global financial services
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Aon Capital Markets names EMEA head
Aon Re Global has announced the appointment of Marguerite Soeteman-Reijnen
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DIMA welcomes in the Reinsurance Directive
Ireland’s Financial Regulator will publish a list of authorised reinsurers
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Endurance buys US crop insurer
Endurance Specialty Holdings has bought Texas-based ARMtech Insurance Services
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Ronald Sandler named Ironshore chairman
Former Lloyd's CEO replaces interim chairman Bob Clements
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Thai Re gains an “A-” rating
Upgrade reflects strong earnings and diversifying portfolio, says S&P
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AM Best upgrades Aspen Insurance
Upgrade to “A” reflects the “sustainable improvement in its standalone risk-adjusted capitalisation”
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BMS poaches Cooper Gay team
BMS has acquired a US P&C brokerage team led by Jim Brost and Mike Joyce
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Axis enters additional $400m buyback
To date in 2007, the company has repurchased $305m of common shares
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Korean Re outlook revised to positive
Ratings reflect its continuous growth in absolute capitalisation, excellent performance and dominant market position, says AM Best
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Liberty reduces capacity for 2008
Liberty Syndicates' capacity down from £917m to £830m in 2008
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Everest Re back on stable
Outlook revised dues to strong performance in 2006 and 2007, says S&P
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MMC ratings lowered due to Marsh failings
Reflects “the many challenges” Marsh faces over the next two years, says S&P
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AXA CS Re ratings affirmed
Ratings are based on performance since AXA’s decision to place the companies into run off, says AM Best
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Guy Carp expands Iberian team
Carlos Abrantes from Global Seguros Lisbon is named senior vice president
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Hannover Re Takaful gains “A” rating
Its target of $100m in gross premiums written by 2009 is viewed as achievable, says S&P
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Hardy to move to Bermuda
Lloyd’s insurer follows Hiscox, Omega and Kiln to the low tax domicile; will establish Class 3 reinsurer Hardy Re