All Risk Management articles – Page 15
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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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Significant progress made on market reform
Accounting and settlement, ECF and contract certainty all hailed as successes
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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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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"
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Fitch downgrades XL
Downgrades from "A+" to "A" after company reports fourth quarter charge of $1.5bn to $1.7bn
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S&P: XL ratings unaffected by $1.5bn-$1.7bn loss
SCA’s downgrade (by Fitch) will also have no impact on the rating
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Aon responds to SocGen fraud
$7bn loss demonstrates "significant and varied risks faced by the major banks of the world"
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New Marsh unit to advise companies eyeing China
Will provide risk advisory and insurance services to clients looking at setting up or expanding operations in the Greater China region
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Channel Re on review for downgrade
Moody's worrys about mortgage-related risks on portfolio
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Syndicates to cover forestry industry
Through "ForestRe" Lloyd’s will underwrite the world’s only forestry-focused portfolio
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Swiss Re moves carbon emissions desk to UK
Move due to London becoming "epicentre for carbon markets"
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Swiss Re in landmark cat bond
$85m bond covers Central American earthquakes; boasts unique index triggers
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SCOR assesses credit crunch exposure
Reinsurer concludes it has "no underwriting exposure to US monoliners"; possible investment exposure of EUR83m
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Willis 'poised to launch' MMC bid
CNBC claims broker has made an approach to larger rival
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London must embrace legacy management
ARC chairman Philip Grant warns London run-off market that it must adapt to survive