All Ticker Stories articles – Page 111
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Amlin Bermuda to replace underwriter
Rob Wyatt will replace John Andrews as underwriting director before 2009
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Subprime sees Ballantyne Re downgraded again
Scottish Re's sidecar is downgraded and placed on rating watch negative; significant subprime exposures warns Fitch
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Scottish Re delays results filing
The delay is due to subprime assessments and the life reinsurer's change in strategic focus
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Brit profits and premiums up in 2007
“Brit is built to weather storms and is positioned for outperformance,” says Douetil
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Buffett leapfrogs Gates to become world's richest man
Berkshire Hathaway boss and acclaimed Oracle of Omaha Warren Buffett is worth $62bn
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Enstar completes AMP run-off buyout
Bermuda-based Enstar bought AMP Limited's Australian-based closed re/insurance operations for $417m
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AIR: Emma losses could reach EUR1.3bn
Germany and Austria are expected to account for more than half the losses
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Ambac to remain on negative watch
Fitch believes it will be very difficult to stabilise the ratings of Ambac despite $1.5bn capital raising
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Scottish Re waves goodbye to another CEO
George Zippel to leave in July; board feels his contribution is "no longer considered viable" given subprime exposures
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Technology first for Aspen Re in Bermuda
Aspen Re has become the first Bermudian insurer to implement electronic accounting and settlement
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Bermuda thriving amid turmoil, says Fitch
Rating agency considers developing a separate rating outlook for Bermuda
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MMC vice chairman to retire
Mathis Cabiallavetta will join the board of directors of Swiss Re
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Fitch upgrades Arch Capital and Arch Re
Upgrades reflect its consistently strong underwriting profitability relative to its peers
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Marine & energy promotion at Aspen
Simon Mason is named deputy head of marine & energy, International Insurance
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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