All articles by Newsdesk – Page 35
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Capital market competition slashes renewal rates worldwide
US rates lowest at 1 July renewals, says Willis Re
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Surge in take-up for Thailand’s nat cat fund
Over a million catastrophe insurance policies sold in two months
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The Hartford sells subsidiary to Berkshire Hathaway arm
Berkshire Hathaway-owned Columbia Insurance Company will buy UK variable annuity business for $285m
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Multi-peril crop insurance launched in Australia
Guy Carpenter, Latevo and Allianz are behind the product for farmers
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Amlin places $75m Tramline Re cat bond
Bond transfers US and Canadian earthquake risk to the capital markets
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AIR releases pandemic flu model
Model captures the excess morbidity, mortality, and insurance losses caused by pandemic flu
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QIC chief executive joins the Geneva Association
Khalifa Al-Subaey is the think tank’s first representative from the Arab World
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ACE launches financial lines in Turkey
AIG’s Sare Bayat is appointed financial lines manager
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Greenberg finite reinsurance case cleared for trial
The former AIG chief executive must face Spitzer’s fraud lawsuit
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International Underwriting Association elects new chairman
Scor’s Malcolm Newman takes on new role
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AIR and RMS get thumbs up for Florida residential rate filings
Florida Commission certifies models for use in setting property rates
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AM Best upgrades Ironshore
Reflects the Class of 2005 (re)insurer’s enhanced business profile as a specialty casualty underwriter
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Global insurance premium reaches $4.6trn in 2012 - Swiss Re sigma
Emerging market growth sees non-life premiums expanding by 2.6%
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Fitch: Bermuda (re)insurer ratings safe amid sovereign downgrade
(Re)insurers ratings can be at least four notches higher than Bermuda sovereign
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Guy Carpenter launches mutual practice
Mutual insurers are grappling with Solvency II and competitive pressures
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Towers Watson closes third Oak Leaf Re cat bond
Sponsor of the $30.5m bond is a Florida homeowners specialty insurance company
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Hiscox launches new Bermuda sidecar
Kiskadee Re completed its first deals at the 1 June renewals
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Lloyd’s broker Chesterfield hires former RK Harrison exec
Catherine Murray to help grow broker’s North American business
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PERILS provides initial aggregated footprint for Europe floods
Images represent the maximum boundaries of the area flooded over the past three weeks