All North America articles – Page 24
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Florida regulator denies Allstate rate hikes
Rates do not reflect the expansion of the Florida Hurricane Catastrophe Fund, says regulator
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AM Best: Endurance ratings upgraded
Upgrades reflect Endurance's excellent capitalisation, strong financial flexibility and risk management controls
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AnalysisTRIA compromise
With the Senate version of TRIA extension now passed, can a compromise be reached before the end the act expires?
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Global ERM strategies still lacking
Aon survey finds most global companies still lack integrated ERM strategy
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AnalysisLittle collaboration on collateral
NAIC Task Force stops short on changing collateral rules
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Swiss Re takes massive subprime hit
Blames $1.07bn loss on the “unprecedented and severe ratings downgrades undertaken by the rating agencies”
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NAIC reveals draft reinsurance proposals
New framework proposes a single-state US regulator
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Hartford CEO backs TRIA passage
Public-private partnership “is essential to manage terrorism risk and provide economic security”
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PCI comments on TRIA passage
Says bill will "help provide market certainty for insurance consumers"
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Fitch upgrades Markel unit to “A”
Markel International Insurance Company is “on track to achieve underwriting profits in 2007”
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AnalysisFall from grace
Reinsurer's are shifting their focus from maintaining credit ratings to shareholder satisfaction, according to Moody's
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Greenlight Capital reports Q3 loss
Blames rising expenses for $2.1m loss compared to $17.5m profit in 2006
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Scottish Re on negative due to subprime exposure
Moody's affirms ratings; places negative outlook due to subprime exposure and Q3 losses
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Fitch upgrades Montpelier Re
Ratings reflect Fitch's "heightened comfort with Montpelier Re's risk management practices and risk profile"
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Willis: Subprime D&O claims could top $3bn
New report also reveals increases in foreclosures across country
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Paris Re America gains "A-" rating
S&P expect rating to move with Paris Re France in future
