All Reinsurance articles – Page 61
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Munich Re America ratings upgraded
Upgrade reflects the significant level of support from parent Munich Re, says AM Best
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MMC appoints Duperreault as CEO
Former ACE man, Brian Duperreault, appointed as president and chief executive officer of MMC
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Towers Perrin launches French reinsurance operation
Serge Mussard, formerly of Guy Carp, is managing director
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Gallagher Re up for sale
Arthur J Gallagher has confirmed it will sell its reinsurance operations in early 2008
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Record €3.9bn profit for Munich Re
Treaty premiums fall €1.2bn but renewals hailed a success; subprime exposures limited
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Best recognises strong US P/C results
Despite price softening, Best finds industry underwriting profit of $19.3bn
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Significant progress made on market reform
Accounting and settlement, ECF and contract certainty all hailed as successes
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Analysis
Insurers face new challenges
A new survey from Capgemini finds shifts in customer behaviour could provide growth opportunities for insurers prepared to embrace change
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Carvill promotes Smith
Dr Steve Smith to become president of property solutions for ReAdvisory
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Guy Hengesbaugh joins Towers Perrin
Hengesbaugh, former president of PXRE, will become managing principal of Bermuda reinsurance operation
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RAM Holdings hires new CFO
Edward Gilpin joins from ACA Capital Holdings where he was CFO
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AM Best assigns "A-" to JRG Re
Bermuda start-up has a capitalisation of $250m and a lead role within Franklin holdings
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Fitch: Negative rating actions will continue
Rating agency says it expects higher levels of credit defaults and a strong bias towards negative rating actions
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Atradius merges with Crédito y Caución
World’s second and fourth largest credit insurers join forces
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Marsh hires Carrick Lambert
Lambert, previously of Aon, joins as MD of EMEA Financial Institutions Industry Practice
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Best downgrades Stoneheath Re
XL woes see Caymans company downgraded to "bb+" from "bbb"