All Ticker Stories articles – Page 110
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Negative outlook for Irish Life
Standard & Poor's has revised its outlook on Irish Life & Permanent and its core group member Irish Life Assurance to negative from stable.
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Montpelier Re appoints Harris as CEO
Montpelier Re has appointed Christopher Harris as chief executive officer, effective 1 July, 2008.
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Hannover Re outlook changed to positive
The outlook for the issuer credit rating and debt ratings of Hannover Re and its rated subsidiaries has been revised to positive from stable by A.M. Best.
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Amlin's sub debt ratings upgraded
Moody's has announced that it has upgraded the subordinated debt ratings of Amlin to Baa2 from Baa3.
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AXIS shelf assigned preliminary ratings
AXIS Capital’s recently filed universal shelf has been assigned preliminary ratings by Standard & Poor’s.
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CIGNA reaffirms 2008 earnings estimate
CIGNA is reaffirming its estimate that full year 2008 income from operations will be in the range of $1.16bn to $1.22bn, or $4.05 to $4.25 per share.
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Ambac outlook changed to negative
Moody's has confirmed the Aaa financial strength rating of Ambac Assurance, but has changed the rating outlook to negative.
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Online onlyEliot Spitzer resigns
The "Sheriff of Wall Street" steps down after sex scandal revelations
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Solvency II will lead to insurers downsizing
Solvency II could result in more than 25% of Europe’s insurers having to reduce scale, reduce risk, or merge, according to a report by S&P.
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Online onlyWindstorm Johanna damage less than Emma
AIR Worldwide expects overall damage from Johanna to be significantly less than its predecessor, windstorm Emma.
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Online onlyBrit's Gibraltar reinsurer opens for business
Rockhampton Insurance will write some £60m of reinsurance business this year
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Online onlyRecord results for Hannover Re
German reinsurer sees profits surge by 42.6% despite a drop in premiums
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Flagstone buys stake in South African reinsurer
Bermudian reinsurer will acquire 65% of Imperial Reinsurance Company
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Eliot Spitzer in prostitution scandal
The man who outlawed contingent commissions issues a public apology for hiring a prostitute
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New chief underwriter for XL Insurance
XL Insurance has named John Glancy to the newly created position of chief underwriting officer
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Berkshire to sell White Mountains stake
WTM will transfer certain runoff units and $751m in cash to Berkshire Hathaway
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White Mountains ratings unaffected by Berkshire deal
Berkshire will exchange its 16.3% stake in White Mountains for 100% of a WTM subsidiary
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Underwriting Risk Services launches Italian operation
Talbot Risk Services Italia will trade as a Lloyd's coverholder under the auspices of URSL
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Swiss Re: Nat cats on the rise
Catastrophes cost $70bn in economic losses and $28bn in insured losses in 2007
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Online onlyTokio Marine completes Kiln acquisition
Announcement follows approval of regulator on 10 March
