All Ticker Stories articles – Page 52
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Quake hits L'Aquila, Italy
At least 27 people dead. Houses, churches and other buildings collapsed.
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Liberty appoints head of technical risks
François Fournié will manage risks in Continental Europe
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G20 tax haven blacklist
OECD names and shames financial centres which have not implemented international tax standard
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Bermuda group issues rallying cry
‘All hands on deck’ as Bermuda First committee is launched
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Swiss Re to cut 10% of jobs
Agostino Galvagni, new chief operating officer, will lead the changes.
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New York hurricane scenario could cost $140bn
Scientists make estimates for a Willis Research Network seminar
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Saudi Arabia giant receives negative outlook
S&P says Tawuniya has suffered from weak equity markets; ‘A’ rating affirmed.
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Munich Re concludes purchase of AIG subsidiary
Reinsurer paid $739m for specialist insurer Hartford Steam Boiler.
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Reinsurers defy downward financial trend
Reinsurance is the only stable capital; Willis Re report shows increased reinsurance demand.
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Validus makes rival $1.7bn merger offer to IPC
Offer follows amalgamation agreement between IPC and Max Capital
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Bermudian interests unite to form lobby group
Reinsurers, bankers and politicians create committee to defend island’s economy
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CEOs tell G20: ‘Insurance is different to banking’
49 leading figures from insurance and reinsurance call for more effective regulation and supervision
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Gallaghers appoints new board member
Matthew Pike has been MD of Gallagher London since January 2008
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S&P adapts takaful rating strategy
Change was needed to address the growth of the Islamic market
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CEO of Qatar Insurance Services announced
James Sutherland was formerly director of (re)insurance business development at the QFC
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LIIBA has ‘sharpened focus’ for brokers
Group now has 120 members, representing 98% of the London market
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EU gives €12.5m boost to Caribbean cat pool
Contribution brings total non-member donations to more than US$65m.
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Berkshire Hathaway given negative outlook
S&P assessment also applies to related entities; ratings are affirmed.
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XL puts UK/Ireland life reinsurance into run-off
Decision follows strategy of prioritising property and casualty business