All Reinsurance articles – Page 49
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Lloyd Tunnicliffe joins Kiln
Tunnicliffe will become active underwriter of Kiln Syndicate 807, succeeding Stephen Mathers
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AM Best downgrades Electro Re
Reallocation of reserves causes uncertainty for Luxembourg-based company
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Consolidation on the cards with Solvency II
AM Best warns of pitfalls and challenges ahead in new European directives
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Ferguson named CEO of retirement association
Ex Swiss Re Financial Services head joins Teachers Insurance and Annuity Association
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Another bond insurer loses its A rating
S&P has lowered its ratings on Triad Guaranty Insurance to "BBB"; ratings remain on negative watch
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Montpelier names European head
Thomas Busher, a founding member of Montpelier, will become head of European Operations, effective 1 July 2008
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Munich Re completes Midland acquisition
US specialty primary insurer Midland is bought for $1.3bn
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Analysis
Aspen defies market logic
New syndicate launch flies in the face of calls to “tighten belts”
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Aon: Short-term hurricane forecasts inaccurate
More success in tracking hurricane activity over periods of five years or more
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Combined upgraded following sale to ACE
The acquired entities are core operations to ACE's global operations, says Fitch
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Argo Group confirms Heritage buyout
$272 million all-cash transaction secures buyout of Heritage Underwriting Agency
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CastlePoint doubles dividend
The Bermuda reinsurer has doubled its regular quarterly dividend due to "strong earnings"
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ACE completes Combined buyout
ACE bought Combined Insurance Company of America from Aon for $2.56bn
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PMA sells run-off operations
Bermuda-based Armour Re will buy the run-off unit for $20m, subject to regulatory approval
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Roger Ferguson leaves Swiss Re
As Financial Services unit is "simplified" Ferguson leaves to join a major financial institution; David Blumer joins from Credit Suisse
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Analysis
Reform on the cards
Proposals could lead to a single US regulator and see an end to 100% collateral rules
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Munich Re completes Sterling acquisition
Munich Re has bought a 100% stake in Sterling Life Insurance Company for $352m
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S&P rates Chubb cat bond
East Lane II is the first time S&P has assigned a rating to a cat bond covering wildfire losses