All Reinsurance articles – Page 55
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Windstorm Emma causes damage across Europe
Strong winds caused damage and disruption in Germany, Austria, Poland and Czech Republic, says RMS
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The party is over, warns Buffett
Berkshire Hathaway’s underwriting profits dip in 2007; Buffett warns profit margins will fall “significantly”
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Scor in $100m and EUR36m mortality swap
Swap will compensate Scor in the event of major pandemics, natural catastrophes or terrorist attacks
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Swiss Re profits in at CHF4.2bn; lawsuit filed
Further credit swap writedown of CHF240m; Class action suit filed against the reinsurer
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Peter Zaffino named CEO of Guy Carpenter
No reasons for Spiller’s departure; Britt Newhouse is named chairman; Both to report to Duperreault
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Cat bonds went "mainstream"in 2007
Guy Carp reports that issuances reached $13.8bn in 2007, 63% more than 2006
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Largest quake in 25 years hits UK
AIR expects damages in the "tens of millions of pounds"
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Florida needs a long-term solution, urges PCI
Floridians want to revisit the 2007 legislation and don't want "quick fixes", reveals a PCI poll
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AM Best downgrades Scottish Re
Troubled life reinsurer's subprime exposures cited as the cause; outlook is negative
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AM Best: Stable outlook for global reinsurers
Prices will continue to soften barring a megacat; merger and acquisition buzz will continue
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LG: Gallagher sold for $45m
Legal advisors in sale of broker to Aon reveal further details of transaction
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"AAA" for Berkshire financial guarantee insurer
The expected ratings are based on an “extremely strong competitive position”, says S&P
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Marsh CEO outlines changing risks for national oil companies
Pandemics, climate change, cyber crime, population explosion all threats
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Legacy management considers "non traditional" growth
ARC reports strong 2007 and flags potential developments for 2008
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Terrorism insurance take-up slow
Willis conference reveals low insurance spend on terrorism and related classes
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Insurance agreed for WTC construction
Ace, AIG and Beazley among insurers providing cover; Willis leads placement effort on behalf of Larry Silverstein