All articles by Newsdesk – Page 46
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Online onlyAXA sells US life insurer to Protective for $1.6bn
Transaction disposes of run-off mortality book primarily underwritten before 2004
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Online onlyUS commercial rates creeping up – Willis
Broker anticipates “complicated renewal process” for Sandy-hit programmes
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AnalysisNat cats and a nuclear future
The Iran quake is another reminder of the inherent danger in building nuclear plants in catastrophe zones
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Online onlyGuy Carp: Modest softening at 1 April renewals
Convergence between traditional reinsurance and capital markets ‘has now occurred’
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Online onlyAsia Capital Re appoints Taiwan head
Andy Li named chief representative of reinsurer’s Taiwan Representative Office
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Online onlyGlobal reinsurer capital soars to $505bn – Aon Benfield
Capital up 11% at year-end 2012; aggregate CR down to 92.6%
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Online onlyACE strengthens Germanic team with promotions
Dankwart von Schultzendorff is named chairman and Andreas Wania becomes country president for Germany
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Online onlyTSR predicts active 2013 hurricane season
Early forecast puts storm activity at 30% above the long-term norm
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Online onlyLloyd’s Council appoints former Brazilian central banker
Henrique de Campos Meirelles joins market’s governing body
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Online onlyQatarlyst sold to software house Ebix
Electronic (re)insurance trading platform to be renamed EbixExchange
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Online onlyMiller hires ex-Gallagher hull specialist
Anthony Burnell-Nugent joins Lloyds broker’s hull and machinery team
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Online onlyCooper Gay buys 100% of Chile unit
Acquisition follows cash injection from Lightyear Capital
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Online onlyAntares swings to profit in 2012
Lloyd’s insurer reports combined ratio of 91% despite Sandy and Concordia losses
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Online onlyUS market ‘slowly but steadily’ turning
Notable rises for commercial classes and large/jumbo accounts - MarketScout
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Online onlyCCRIF and Swiss Re to launch excess rainfall cover
Product will complement other perils protected by the Caribbean cat pool
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Online onlyMarkel International goes live on Eclipse Underwriting system
Move occurs as parent’s merger with Alterra moves closer to completion
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Online onlyBill to shrink Florida cat fund gains traction
Plan would reduce the FHCF from $17bn to $14bn over three years
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Online onlyUS insurers urged to reassess terrorism exposures
Rating pressure increases as the TRIPRA deadline approaches, warns AM Best
