All Reinsurance articles – Page 78
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Analysis
PCI: New blow for federal charter
Progress is taking place at a snail's pace, reveals congressman Barney Frank
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Munich Re buys MSP Underwriting
Acquisition sees it acquire a 47.3% of Lloyd’s Syndicate 318
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Ark strengthens casualty team with Aspen hires
New Lloyd’s syndicate Ark has hired David May and Andrew Aldwinckle
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Swiss Re ratings unchanged after Resolution bid
The closed life transaction would be Swiss Re’s largest Admin Re deal to date, says AM Best
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Wildfires to have limited ratings impact
Insured losses may modestly weaken full year operating results, warns AM Best
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Swiss Re acquires part of Resolution
£2.35bn deal conditional to Standard Life offer being completed
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AIR: Wildfire losses likely to exceed $1.2bn
Between 500,000 and 1 million people have been forced from their homes
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Arch sees moderate rise in net income
Gross written premiums down on 2006; combined ration 84.8%
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Fitch: Wildfires could break records
Rating agency predicts that the wildfires could be costliest ever in US
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Merrill Lynch insurer on negative watch
Subprime exposures take their toll on the investment bank and its life insurer
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Wildfires continue to rage as losses mount
The sheer number of fires (20) has spread fire fighting resources thin, preventing containment
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Hannover Re establishes Bermudan life operation
Hannover Life Reassurance Bermuda has equity base of €120m
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Ace Q3 net income jumps 13%
Despite record profits, reinsurance net premiums written declined 24%
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XL takes Q3 subprime knock
XL profits are down 21% primarily due to exposures to the global credit crunch
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Axis: Charman changes retirement plans
Despite plans to retire in December 2008, John Charman's employment agreement has been extended
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Platinum sees net income rise 7.5%
Net premiums down 14.5%; combined ration down to 81.3%
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XL loses its top two men
Brian O’Hara and Michael Esposito have announced they are retiring
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Wildfires continue to rage in California
Fires are “not yet” as severe as those of 2003, when the Cedar Fire alone caused losses of $1.2bn