All articles by Newsdesk – Page 69
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News
Global reinsurance rates flat at Jan 1 renewals
Willis Re report says international and US property catastrophe rates remained constant despite Sandy impact
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‘Several’ interested in QFCA’s Qatarlyst stake
QFCA looking to sell all or part of (re)insurance technology firm
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Validus expects $333m Sandy loss
Flagstone’s $39.1m loss from US storm will not hit Validus results
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Endurance puts Sandy losses at $160m
78% of claims to stem from company’s reinsurance segment
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Bermuda big-hitters expect multi-million-dollar Sandy claims
PartnerRe and Arch estimate losses from US storm
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Moody’s negative on Markel after Alterra buy
Rating agency concerned with ‘significant execution risk’ of deal
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Lancashire and Amlin reveal Sandy losses
US storm could cost Lancashire $60m and Amlin $235m
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Markel to buy Alterra for $3bn
Markel to pay $31 per share for Bermuda (re)insurer in stock and cash deal
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Catastrophes of 2012 to cost industry $65bn – Swiss Re
Insurers on the hook for almost half of the year’s $140bn economic losses
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Cooper Gay hires Aon's Yip as HK treaty head
Appointment part of broker’s Asian expansion drive
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New premier for Bermuda as OBA topples PLP
OBA’s Craig Cannonier to replace incumbent Paula Cox after election battle
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Allianz pays SEC $12.4m over Indonesia bribe charge
Insurer’s Indonesian subsidiary made ‘improper payments’ to win business, SEC investigation finds
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Kiln establishes China underwriting venture
Lloyd’s insurer hires local reinsurance specialist Gu Jin to head new unit
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UIB wins Brazil oil field reinsurance contract
Company named lead broker for the construction of 28 drilling platforms
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Marketing
Regulation a key focus for IUA in 2013
London market trade body unveils plan for next year
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Alterra boosts capital on New Point V sidecar
Third-party investors boost special purpose reinsurer’s capital to $247m
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Talbot US hires XL political risk underwriter
Tom Schild joins Validus-owned Lloyd’s insurer