All Ticker Stories articles – Page 125
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Tawa launches consultancy
New unit will provide services to both the ongoing and the run-off markets
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AM Best: Endurance ratings upgraded
Upgrades reflect Endurance's excellent capitalisation, strong financial flexibility and risk management controls
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Global ERM strategies still lacking
Aon survey finds most global companies still lack integrated ERM strategy
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Swiss Re takes massive subprime hit
Blames $1.07bn loss on the “unprecedented and severe ratings downgrades undertaken by the rating agencies”
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NAIC reveals draft reinsurance proposals
New framework proposes a single-state US regulator
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Hartford CEO backs TRIA passage
Public-private partnership “is essential to manage terrorism risk and provide economic security”
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Fitch upgrades Markel unit to “A”
Markel International Insurance Company is “on track to achieve underwriting profits in 2007”
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Online onlyRMS warns of 7 metre storm surge
Super cyclone Sidr could impact 2 million people when it hits Bangladesh
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Guy Carp launches Czech Republic flood model
Fully probabilistic flood model covers major rivers and populated areas
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Online onlyBangladesh braces for super cyclone
Category 4 storm SIDR will make landfall in the next 12 hours
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Paris Re reveals drop in premiums
GWP are down 21% due to a “deliberate reduction in catastrophe exposures”
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Beazley begins £30m buyback
The company will repurchase up to 5% of its issued share capital
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Greenlight Capital reports Q3 loss
Blames rising expenses for $2.1m loss compared to $17.5m profit in 2006
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Scor sees 93% growth in profits
Converium acquisition contributes to year-to-date net income of €299m
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Fitch upgrades Montpelier Re
Ratings reflect Fitch's "heightened comfort with Montpelier Re's risk management practices and risk profile"
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Amlin returns £120m shareholder capital
Amlin announces it is to return £120m of capital to shareholders
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MMC chief exec blasts Marsh
Michael Cherkasky blames "unacceptable financial performance" of Marsh for Q3 profit slump
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Inga Beale joins Zurich
Ex-Converium CEO will become head of organisational transformation management and mergers & acquisitions
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Scottish Re woes continue
A net loss of $109.5m reflects the company’s “sizeable subprime exposure”
