All Regions LIVE articles – Page 13
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New chair and CEO for Arch Worldwide
Current COO Mark Lyons will replace current chair and CEO Ralph Jones, who is retiring
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Catastrophe premiums down 8% - Catlin
Net premiums grow slightly due to continuing benefits from Wellington acquisition
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Amlin premiums fall 9.3% as rates soften
No material claims notifications are expected from the China earthquake
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Cover Story
Raising the Titanic
If New York’s Insurance Exchange was such a failure in the 1980s, why would regulators want to recreate a similar one today? Ronald Gift Mullins discovers that many people think the time is now right to establish a “Lloyd’s” in NYC.
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Analysis
Plumeri opens doors to new skyscraper
The Willis Building "is a monument to our past, current and future", says Plumeri
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Benfield launches Kazakhstan quake model
Several strong earthquakes have occurred in Kazakhstan during the last two hundred years
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AIG on review for downgrade - Moody's
The review process could lead to a rating downgrade of one or two notches, said Moody's
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Analysis
AIG soldiers on after $7.8bn loss
The size of AIG's record Q1 loss sent shudders through the industry
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S&P takes rating actions on 17 cat bonds
Actions reflect the revision of the default table used to rate insurance-linked securitisations
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Benfield opens office in Puerto Rico
Andres Piccinoni has been appointed as the chief executive officer of Benfield Puerto Rico
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S&P: AIG ratings downgraded after $7.8bn loss
The level of losses exceeds expectations; outlook is likely to remain negative after $12.5bn capital raise
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AIG reveals $7.8bn loss in Q1
Ailing insurer plans to raise $12.5bn “to fortify its balance sheet”
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Asia Capital Re launches retakaful company
The venture with Khazanah Nasional Bhd and Dubai Banking Group will be the world's largest retakaful company
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S&P withdraws ratings for Hiscox sidecar
Hiscox announced it would be terminating its relationship with its sidecar last year
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Scor reveals 63% boost in net income
Its non-life combined ratio was 98.8% due to “above average” natural catastrophe activity
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CastlePoint profits grow in Q1
Net earned premiums increased 115.5% to $100.4m in the first quarter of 2008
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Max Capital elects new director
James MacNaughton recently retired from Rothschild, where he served as a senior advisor
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Ambac outlines recovery plan
Despite challenging conditions, the monoline is “committed to achieving stable ratings”