All North America articles – Page 48
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Willis gains head of global practice
Willis has named Carla D'Andre as head of its newly formed Global Corporate Practice
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Features
Not what it says on the tin
A round-up of some key cases in the UK and the US in 2006 highlights some basic issues with follow-the-settlement and claims cooperation clauses, explain Ian McKenna, Wendy Allen-Rodney, Matthew Ingber and Jordan Rosenfeld.
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GR Focus
The tipping point?
Does the 2007 renewal season represent a return to normality or is this the tipping point in the cycle? David Pannell examines some of the key trends.
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GR Focus
Feast or famine?
Is the reinsurance industry now overcapitalised? With prices now falling for many lines of business Christopher Kershaw and Andrew Poulton explain why there is too much capital in the market and what the consequences might be.
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Cover Story
A bumper year
2006 is being hailed an abundant year of profits for reinsurers with Mother Nature providing some respite following record losses in 2005. But it's too soon to start celebrating, warns Mairi Mallon.
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MMC to sell Putnam for $3.9bn
MMC has announced it will sell Putnam Investments to West Lifeco for $3.9bn
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Benign 2006 bodes well for monolines
Mild storm activity in 2006 will prove fruitful for catastrophe-focused carriers, says Moody's
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Fitch downgrades Florida cat fund
Fitch has downgraded the Florida Hurricane Catastrophe Fund following new insurance reform legislation
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Hurricane activity to remain high
The risk for insured losses from US hurricanes during the next decade will remain high, says EQECAT
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Benign 2006 down to El Niño
Heightened hurricane activity is here to stay despite a benign 2006 season, says ReAdvisory
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Jeremy Goodman joins Benfield
Former Cooper Gay director Jeremy Goodman has joined Benfield as executive vice president
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Bucknall retires from Willis
Richard Bucknall, vice chairman of the group and chairman and CEO of Willis Ltd, has retired
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“Competitive forces” best Florida solution
Fitch Ratings says cheap reinsurance is not the best long-term solution to insurance rates in Florida
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RGA chairman resigns
Reinsurance Group of America has revealed the resignation of its chairman Leland Launer
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Florida "mortgaging economic future"
New legislation passed in Florida stepped away from the abyss, according to the PCI
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AM Best: Calm after the storm
After respite from Mother Nature, the property casualty industry has reported record-setting results in 2006
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PCI warning on Florida Legislature
The PCI has warned Florida homeowners about the consequences of insurance subsidies
