All Ticker Stories articles – Page 119
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Alea in run-off deal
Commutes all exposures to unnamed company; reveals $8.8m loss for Q4 2007
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MBIA in bid to prevent downgrade
US municipal bond insurer cuts dividends; initiates capital raising after $3.3bn pre-tax write-down
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Benfield: Pricing still robust
Broker's report indicates appetite of capital markets for reinsurance risk stays strong despite falling rates
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New ILW exchange grows fast
Insurance Futures Exchange Services (IFEX) has trading volumes of more than $31m
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Markel goes electronic
Confirms ability to accept claims through electronic claims file system
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Scottish Re hires group controller
David Carrick joins Scottish Re from Tyco International
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Online onlyAIR: Winter storm losses could reach $600m
California bore the brunt of a storm “unlike classic Pacific Northwest winter storms”
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Online onlyWEF: US recession expected in next 12 months
Latest report from Word Economic Forum (WEF) also highlights highest levels of political and economic uncertainty for a decade
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XL woes see Stoneheath Re on negative
Best puts Cayman Islands exempted company on negative outlook as parent XL suffers pressure on profitability
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Online onlyCV Starr launches Sideris Re
Energy reinsurer consists of a new Lloyd’s syndicate and a Bermuda entity; private equity firm First Reserve is Starr's partner
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Swiss Re buys stake in Vietnam Re
$79m investment acquires 25% stake in Vietnam National Reinsurance Corporation
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Online onlyWinter storm pounds US
Extreme weather brings "extraordinary amounts of snow" according to AIR
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Online onlyQuakes could “devastate” Europe
A moderate earthquake could generate losses of $10bn, warns AM Best
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Tobin retires from XL
David Duclos, currently COO, to replace Clive Tobin as chief executive
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Scottish Re share price too low for NYSE
Ailing life reinsurer receives notice related to non-compliance; risks delisting
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Online onlyTRIA renewal puts insurers on stable
The $100m loss trigger could seriously deplete capital for many small insurers, warns S&P
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AIR: US did not dodge a bullet in 2007
High hurricane activity does not equate to more US landfalling storms, warn scientists
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White Mountains retires sidecars
Buys out Helicon Re for $150m; terminates contract with Olympus Re
