All North America articles – Page 34
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Analysis
Note of caution
Can the ongoing profit march of the reinsurance industry continue unabated?
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Concerns over US cat fund bill
A new bill proposing a national catastrophe fund requires “a healthy amount of scepticism” warns Bob Hartwig
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Everest Re names new president
Everest Re has promoted Daryl Bradley to president of its US insurance arm
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Max Capital announces new $600m credit facility
Max capital and Max Bermuda enter into agreement with the Bank of America
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AWAC reports mixed bag of Q2 results
Strong Q2 operating income undermined by 4.7% decrease in premiums for half year
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UK flooding linked to climate change
The UN’s IPCC says extreme weather events will become more frequent
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MMC gets the go-ahead to collect commissions
A new pact that allows the company to take fees from insurance companies “could be material to earnings”
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MMC makes a modest profit in Q2
Subsidiaries Marsh and Guy Carpenter see a 2% rise in revenue
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TSR lowers its hurricane outlook again
Tropical Storm Risk has lowered its hurricane forecast to 35% above normal
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Aon Re Global names new CEO and executive chair
Ted Devine replaces Michael O'Halleran as CEO of Aon Re Global
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Berkshire Hathaway profits soar to $5.7bn
Berkshire Hathaway's underwriting profit has almost doubled in the second quarter
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TRIA renewal leaves insurers exposed
The renewed TRIA could expose insurers to “colossal” NBCR losses
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Willis unit names new president and CEO
Willis has hired Theresa Clune as president and CEO of Willis Seattle
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Results suggest softening rates
The dip in reinsurers' premiums in Q2 suggests the softening has begun
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Flagstone takes major stake in Caribbean insurer
Flagstone chairman Mark Byrne is the new chairman of Island Heritage
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Hub International to acquire Rigg
Acquisition will create a new regional platform – Hub International Rigg
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Solid outlook for Converium
S&P have affirmed “BBB” rating on Converium Holdings North America
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New CEO for Marsh US
Marsh has announced the appointment of Mark Feuer as CEO of its US business