All North America articles – Page 27
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PCI opposes NYC collateral ruling
New York proposal contains a number of "significant concerns"
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Florida AG calls for federal reinsurance backstop
He calls for the US government to become a reinsurer of last resort
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Online onlyNew York modernises regulation on reinsurance collateral
State will only impose collateral requirements "when it is required to protect consumers"
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Willis “applauds” TRIA extension
CEO Joe Plumeri backs the Senate’s vote to extend TRIA for seven years
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NAIC in bid to catch up with Europe
The US regulator debuted its proposal to modernise reinsurance regulation
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Allstate income down 15.5% in Q3
Insurer cites cost of cat reinsurance as a reason for reduced premiums
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Online onlyPCI backs "improved" TRIA and flood proposals
Senate's TRIA bill does not mandate insurers to provide NBCR cover; flood bill does not include wind cover
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Online onlyMunich Re buys US insurer for $1.3bn
Entering niche segments is part of its “Changing Gear” programme
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Guy Carpenter establishes GC Securities
It has also expanded its investment banking capabilities in Europe
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Benfield licenses EQECAT Gulf model
Broker uses offshore energy model to monitor exposures in Gulf of Mexico
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Online onlyQ3 cat losses lowest in five years
US property/casualty insurers are expected to pay $1.125bn in third quarter catastrophe claims
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MMC ratings unaffected by price fixing charges
Charges will have “a negligible effect on Guy Carpenter's competitive position” says S&P
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Excess Re: Allegations without merit
Excess Re will aggressively defend allegations of antitrust by the Connecticut attorney general’s office
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Guy Carp hits back at Connecticut AG allegations
The broker intends to defend itself vigorously and says "there is no basis" for the lawsuit
