All articles by Newsdesk – Page 89
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Online onlyFitch warns Lloyd's to heed emerging market risks
Last year’s Asia-Pacific cats highlight the risks of writing in less well-understood markets
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Online onlySCOR buys €75m of contingent capital cover
Cost-effective alternative to retro intended as ‘last resort’ nat cat protection
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Online onlyJLT launches intangible and cyber risk service
Broker aims to plug gaps in insureds’ existing programmes
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Online onlyFitch keeps Platinum on negative
Negative outlook reflects volatility of recent underwriting performance
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Online onlySwiss Re names head of Latin America Reinsurance South
Margo Black joins from Willis and will be based in Brazil
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Online onlyGuernsey maintains captive lead in Europe
Decision not to apply for third-country equivalence has had a positive impact, says Aon
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Online onlyGuy Carp confirms record cat bond quarter
Issuance topped $1.3bn in Q1 2012 with a diverse range of perils, structures and investors
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Online onlyJuniperus names McKeown chief executive
Chris McKeown joins Bermuda ILS firm from Guy Carpenter
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Online onlyUK prime minister gets tough on Solvency II
David Cameron will fight to ensure the regime does not put UK (re)insurers at a disadvantage
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Online onlyACE launches supply chain risk tool
Insurer partners with Willis Re Analytics to analyse cat and supply chain exposures
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Online onlyBermuda and Qatar agree double tax treaty
DTA is a “trump card” in developing Bermuda as a western hub for the Islamic financial services industry
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Online onlyGallagher increases stake in Caribbean broker
Company raises equity interest in CGM Gallagher to 80% from 38.5%
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Online onlyGuy Carp names US chiefs
Andrew Marcell is appointed chief executive of reinsurance broker’s US operations
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Online onlyJuly renewal hikes will be limited - Fitch
Rating agency predicts “at best” single-digit rate increases for US property reinsurance
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Online onlyAlterra swings to profit in Q1
US insurance, Alterra at Lloyd’s and Latin American segments post CRs above 100%
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Online onlyHank Greenberg loses appeal over fraud lawsuit
Ruling paves the way for Greenberg/Smith AIG/Gen Re finite reinsurance trial
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Online onlySCOR gets another rating upgrade
Moody’s cites SCOR’s “enhanced franchise strength” as it upgrades rating to A1
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Online onlyBerkshire posts $845m insurance profit
Underwriting income amounted to $54m, up from a loss of $821m a year ago
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Online onlyReserve releases and lower cats return Argo to profit
Group’s Q1 profit of $19.6m compares with last year’s $94.1m loss
