All North America articles – Page 38
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Liberty Mutual backs TRIA extension bill
Liberty Mutual is adding its support to a new bill proposing the long-term extension of the Terrorism Risk Insurance Act
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Zurich American fined over WTC documents
Zurich American and two law firms accused of trying to delete coverage documents
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Two new chief underwriters for Catlin US
Nick Greggains and Andrew Englesbe have been appointed as chief underwriting officers for Catlin US
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Online onlyFewer storms predicted for 2007 season
UK Met Office forecasts a below-average storm season
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AM Best downgrades Mapfre Re’s new US unit
AM Best has downgraded the financial strength rating (FSR) to A- (Excellent) from A (Excellent) of Mapfre Insurance Company
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PCI backs TRIA extension plans; opposes NBCR inclusion
PCI raises concerns over mandatory "make available" NBCR provision in TRIA extension plans
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Florida takes backward step on insurance scores
PCIAA accuse Florida Office of Insurance Regulation of going "well beyond the requirement of the law"
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Spate of senior hires at ACE Tempest Re
David Drury has been appointed chairman and chief executive officer of ACE Tempest Re Bermuda
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S&P affirms QBE Mexico
Standard & Poor's has affirmed its “BBB-“ long-term financial strength and counterparty credit ratings on QBE del Istmo México
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Employers Re regains "A-" rating
AM Best has upgraded Employers Reassurance Corporation to “A-” from “B++” citing the support from its parent company GE
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Online onlyPooling together to cover catastrophes
Is the first-ever multi-country catastrophe pool a major step forward for hazard-prone regions?
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Capital market investors here to stay
Capital market investors will need more than another Katrina to be put off insurance, say panellists at an S&P conference
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S&P: Glacier Re cat bond assigned “B” rating
Standard & Poor's has assigned its “B” senior secured debt rating to the $75m class A notes issued by Nelson Re
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Glacier Re launches Cayman-based cat bond
Glacier Reinsurance has announced the successful launch of a $75m wind and quake bond
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Hedge fund firm buys insurer for $575m
DE Shaw is buying James River for $575m and will integrate the insurer into its new Bermuda reinsurance company
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CBNR cover remains unavailable, says Guy Carp
The availability of terror insurance has improved but there remains little cover for chemical, nuclear, biological and radiological risks
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ACE Risk Management strengthens team
ACE USA has appointed Lou Capparelli to the position of senior vice president for ACE Risk Management
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Online onlyDemise of 100% collateral rule fades
A recent NAIC announcement has reignited the controversy surrounding the 100% collateral rule in the US.
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Online onlyKnight in shining armour
Warren Buffett has had a busy year after taking on Equitas in a $7bn reinsurance deal.
