All Regions LIVE articles – Page 90
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Aspen Insurance US gains new president
Nathan Warde has joined Aspen Insurance US from Arch Capital Group in the newly formed role of president
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Metcalf leaves Arch; new underwriting director named
Arch Europe has appointed James Weatherstone as director of underwriting, replacing Nick Metcalf
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Aon Specialty Re CEO joins Cooper Gay
Cooper Gay North America has appointed Joe Filardo as director of sales and marketing.
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Heritage licenses AIR's cat models
Heritage Underwriting has licensed AIR's catastrophe risk management system
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Casiopea Re affirmed despite new demands
AM Best has affirmed the financial strength rating of A- of Casiopea Re
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Swiss Re issues $750m of hybrid securities
Swiss Re has successfully issued a total of AU$750m of hybrid debt securities
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UK earthquake could cost £50m
An earthquake which hit the southeast of England could cost up to £50m in insured losses
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Everest completes $400m public offering
Everest Re has completed a public offering of $400m of fixed notes
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Arch reports healthy Q1; buyback underway
Arch Capital has reported net income for the first quarter of $198.6m, up from $129.6m for Q1 2006
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Generali and PPF create new European insurer
Assicurazioni Generali's board of directors have announced that Assicurazioni Generali and PPF Group N.V., through Ceska pojistovna, a life and non-life insurance group in the Czech Republic, have entered into a preliminary joint venture agreement to create the leading insurer in the Central and Eastern European region. The new joint ...
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SCOR's shareholders give thumbs up for Converium bid
SCOR shareholders have approved the company's bid for rival Converium
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Tokio Millennium Re rating affirmed
AM Best has affirmed the financial strength rating of “A+” (Superior) and the issuer credit rating of “aa-” for Tokio Millennium Re (Bermuda). The outlook for both ratings is stable. The ratings reflect TMR's excellent financial strength, overall favourable business performance and management profile. The excellent financial strength takes into ...
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Kiln further expands aviation team
Philippe Daouphars has joined Kiln as specialist aviation underwriter
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AIG subsidiary opens office in Bermuda
Lexington Insurance Company, a member company of American International Group, has announced it has opened a property and casualty insurance underwriting office in Hamilton, Bermuda. “Establishing this new office reflects Lexington's commitment to providing ready access to top-quality products and coverage limits. Risk managers and brokers on Bermuda will now ...
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Montpelier Re enjoys 4.4% quarterly return
Montpelier Re has reported income for the first quarter of 2007 of $72.6m. Operating income, which excludes foreign exchange and investment gains and losses, was $60.3m.The combined ratio was 65.6%, which included $35m relating to Kyrill offset in part by $8m of favourable prior period reserve development. Anthony Taylor, chairman ...
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PCS: Q1 US cat losses cost $1.2bn
Catastrophe losses in the United States cost insurers $1.2bn in the first quarter of 2007