All North America articles
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Online onlyEarthquake hits Alaska raising tsunami fears
A 7.1 magnitude earthquake has hit Alaska, with the threat of a devastating tsunami forcing residents to flee.The huge earthquake hit just south west of Alaska which struck at 6:55 am EDT and was 22.1 miles deep, according to the U.S. Geological Survey.People living in coastal areas have been told ...
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Online onlyNoonan accuses Transatlantic board of time wasting
Validus CEO Ed Noonan has accused Transatlantic board of wasting time and a failure to pursue the best possible outcome for its shareholders.In a letter sent directly to Transatlanic shareholders, Noonan said: “Since Validus made its superior proposal on July 12, Transatlantic’s board of directors has wasted more than six ...
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Online onlyLiberty Mutual Re appoints COO
Liberty Mutual Reinsurnace has appointed Michael Finnegan as chief operating officer.Finnegan takes over from James Hinchley, who was promoted to chief underwriting officer for Liberty Mutual’s Commercial Markets property and casualty business unit, which provides a broad range of commercial insurance products to mid-sized and large companies through brokers and ...
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Online onlyHardy makes H1 loss, appoints new COO
Lloyd’s insurer Hardy has made a loss after tax of £17.1m for the first half of 2011, compared with a profit of £2m in the same period last year.The loss before tax was higher, at £20.7m, because a £3.7m tax credit reduced the net loss.Hardy’s results were hit by the ...
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AnalysisSolvency II: Test of time
As the timetable for Solvency II is stretched yet again – this time to 2014 – David Blackman looks at the hurdles encountered so far and the many still to be faced
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