All North America articles – Page 10
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AM Best affirms Flagstone Re ratings
Assessment cites strong risk-based capital and solid operating results
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S&P lowers RAM Re ratings
Downgrade due in part to losses in reinsured subprime, mortgage-backed securities and CDOs
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Don't underestimate hurricane threat, urges PCI
The US was "lucky" last year that it missed Dean and Felix - the two largest storms in history
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Cooper Gay opens Miami branch
New fac and treaty reinsurance operation to target the Latin American market
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Aon seals deal on contingent commissions
Firms bought by the broker will have three years to apply rules
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AM Best affirms Travelers ratings
Positive ratings reflect ‘strong capitalisation and earning power’
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SCOR Global Life plans further expansion
Converium contributes to growth as reinsurer plans to increase its presence in Russia, Israel, Brazil and Asia
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Channel Re ratings downgraded; outlook negative
Channel Re faces much-reduced business given its sole source is MBIA, says S&P
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RGA ratings affirmed after MetLife split off
RGA’s overall capitalisation levels will remain unchanged after MetLife transaction
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Marsh & McLennan CFO resigns
Matthew Bartley will remain with MMC "to help ensure an orderly transition to his successor"
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Marsh gains Saudi Arabia licence
Intermediary will provide full broking and advisory services
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Flagstone buys retrocession cover from cat bond
Multi-year indemnity deal with Valais Re ‘gives more price certainty’
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RMS unveils hurricane parametric index
Tool is ready to support the 2008 Atlantic basin hurricane season
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‘Above norm’ storms prediction reduced
2008 will be 20% higher than standard rather than previous forecast of 35% higher
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Reinsurance "no longer an annual consideration" - Guy Carp
Reinsurance capacity is ever plentiful in Florida ahead of the 2008 hurricane season, say experts
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Analysis
Back under the spotlight
The SEC has renewed its interest in Hank Greenberg and former AIG CFO Howard Smith
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ERM and underwriting discipline a must for US insurers
The tide is turning, warns S&P. Competitive pressures are intensifying and the cost of capital remains high
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Prices to drop 15% at mid-year - Guy Carp
A competitive market and the absence of any major insured losses is driving down pricing ahead of the Florida renewals
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Credit crunch could upset life insurance sector
Despite a declining and more volatile equity market S&P is maintaining its stable outlook for US life insurers
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Guy Carp names CEO of Americas
Andrew Marcell replaces Britt Newhouse, who was recently appointed chairman of Guy Carpenter