All Regions LIVE articles – Page 19
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XL comments on Merrill Lynch lawsuit
Merrill Lynch is suing XL Capital Assurance and not XL Capital, contrary to "erroneous" reports
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AIG settles in Pennsylvania probe
AIG has reached a settlement with the Pennsylvania Insurance Department relating to the investigation into the affairs of the company and its subsidiaries.
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Analysis
All eyes on the Gulf
Conferences in Qatar and Dubai highlight growing reinsurance opportunities
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Gulf reinsurer launched by Arch and GIC
Gulf Re, a reinsurer based in the Gulf Cooperation Council region, has been launched by Arch Capital and Gulf Investment Corporation at the World Insurance Forum in Dubai.
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Analysis
Swiss Re enters Brazil
Swiss Re will operate as an admitted reinsurer in the Brazilian market with a representative office in São Paulo.
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Brit's Gibraltar reinsurer opens for business
Rockhampton Insurance will write some £60m of reinsurance business this year
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Record results for Hannover Re
German reinsurer sees profits surge by 42.6% despite a drop in premiums
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Eliot Spitzer in prostitution scandal
The man who outlawed contingent commissions issues a public apology for hiring a prostitute
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Berkshire to sell White Mountains stake
WTM will transfer certain runoff units and $751m in cash to Berkshire Hathaway
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White Mountains ratings unaffected by Berkshire deal
Berkshire will exchange its 16.3% stake in White Mountains for 100% of a WTM subsidiary
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Underwriting Risk Services launches Italian operation
Talbot Risk Services Italia will trade as a Lloyd's coverholder under the auspices of URSL
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Swiss Re: Nat cats on the rise
Catastrophes cost $70bn in economic losses and $28bn in insured losses in 2007
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Amlin Bermuda to replace underwriter
Rob Wyatt will replace John Andrews as underwriting director before 2009
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Subprime sees Ballantyne Re downgraded again
Scottish Re's sidecar is downgraded and placed on rating watch negative; significant subprime exposures warns Fitch
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Brit profits and premiums up in 2007
“Brit is built to weather storms and is positioned for outperformance,” says Douetil
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Features
Ready for takeoff
The Gulf insurance market is set to double in the next three years to reach $4bn. Geoff Bromley takes a look at what is driving this incredible growth.
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Industry Matters
Paradise threatened?
Steven Ader asks if Bermuda can survive in the face of fierce competition.
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Analysis
Troublemaker or lifesaver?
Allstate has managed to both irritate state regulators and delight its shareholders in the past 12 months. Nick Thorpe delves into the background of this insurance behemoth.
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Features
Jumping through hoops
Concerns are being raised that European regulation is becoming too stifling and could echo the stringent US model. Liz Booth investigates.
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Features
No guarantees
Huge losses, downgrades and fears of corporate defaults. If ever there was a case study in the risks associated with a monoline business model, the bond insurance sector has provided it. Helen Yates reports.