All Ticker Stories articles – Page 59
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RGA appoints professor and merchandising exec
New board members replace former directors associated with Metlife, RGA’s former shareholder
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Compre buys Länsförsäkringar’s companies in run-off
Deal involves Stockholm Re and Wasa International Insurance Company
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SCOR cat bond rated B+ and B
S&P rates new cat bond for U.S. hurricane and earthquake risks
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State Farm to exit Florida property
Insurer intends to leave market within two years, after failing to achieve rate increase
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Ex-AIG Re chief sentenced to four years in jail
Christian Milton, a British former AIG executive, was found guilty of ‘finite reinsurance’ fraud involving AIG and Gen Re
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Swiss Re (GB) CEO joins Canopius
Tim Carroll becomes underwriting director at the Lloyd’s firm
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Carvill’s US staff ‘taking accounts with them’
Individual brokers preparing for new roles at other companies as Carvill winds up
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Investment losses hit Max's 2008 figures
Net operating loss estimated at $2.65-$3.00 per share. Investment losses offset good underwriting results.
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Tropical cyclone Dominic to strike Australia
Dominic could strike the north coast of Western Australia with Tropical Storm force
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Scottish Re (US) downgraded
Moody’s action follows news that Hannover Re will buy a portion of Scottish Re’s business
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New president for Aegon Americas
Mark Mullin, a 22-year veteran of Aegon, was formerly executive vice president for Aegon USA
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PartnerRe expects $2.1bn of renewal business
Figure relates to non-life business – 60-65% is thought to have been renewed
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Hannover Re buys life portfolio from Scottish Re
$1.2 bn per annum portfolio makes Hannover Re fifth-biggest individual life reinsurer in the US.
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Validus raises Ike estimates by 40%
Hurricane now estimate to have cost the company $235m instead of $165m