All North America articles – Page 22
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ISO revises rules to comply with TRIA
With TRIA’s expiration date of 31 December, ISO has been closely monitoring congressional action
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House passes long-term TRIA extension
Passage is a “tremendous victory” says PCI; the bill now needs President Bush’s signature
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Allstate results hit by wildfire losses
Insurer’s fourth quarter results hit by 7,000 claims costing over $300m
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Allstate resigns from PCI
Insurer is "taking a diifferent direction" according to PCI CEO
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Outlook positive for Aon life subsidiaries
Sale of units to Ace and Munich Re is viewed favourably, says AM Best
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Munich Re concludes Sterling purchase
Acquires Aon's Sterling Life Insurance Company for $352m
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Gallagher acquires Caribbean presence
Matthew Pragnell will continue to head up St Lucia-based CGM Gallagher Group
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S&P: Munich Re ratings affirmed; outlook stable
“Changing gear” should reinforce the company’s strong competitive position
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2007 hurricanes break more records
You can't predict the weather, concludes Carvill's ReAdvisory
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S&P: Another downgrade for KAMP RE
Cat bond was triggered when losses associated with Katrina exceeded $1bn
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ICAP-JLT broker cat swap
The first transaction for the joint venture was a North American windstorm cat swap
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Endurance buys US crop insurer
Endurance Specialty Holdings has bought Texas-based ARMtech Insurance Services
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BMS poaches Cooper Gay team
BMS has acquired a US P&C brokerage team led by Jim Brost and Mike Joyce
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Analysis
Tough at the top
MMC's downgrade tops off a troubled year of lawsuits and poor financial results
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AXA CS Re ratings affirmed
Ratings are based on performance since AXA’s decision to place the companies into run off, says AM Best