All Ticker Stories articles – Page 79
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$184bn bonds reinsured
Upfront premium of $741m for MBIA on FGIC portfolio of public bonds
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Willis launches South African M&A practice
Office will support the growth in private equity and transaction activity
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Allianz China Life given reinsurance approval
Regulatory commission says transactions with parent company may be conducted until the end of 2008
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Gustav to pass close to Jamaica
Storm moving toward Jamaica at 8mph. "Gustav could regain hurricane strength by Friday" - NHC
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Brit: ‘We might quit the UK’
CEO cites government uncertainty over tax laws for non-UK business as reason for considering a move
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Gustav weakens - temporarily?
Torrential rainfall in Haiti. Gustav forecast to regain hurricane strength once over sea.
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SCOR increases net income
Results show combination of Converium with SCOR. GPW slightly down on a pro forma and currency-corrected basis.
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Could Gustav be another Hazel?
Comparisons drawn with 1954, as hurricane threatens Haiti. Forecasters puzzle how Haiti's mountains will disrupt the system.
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Gustav shapes up as serious threat
"Not unreasonable to expect Gustav to become a major hurricane" - Dr. Steve Smith
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Gustav threatens U.S. oil production
Hurricane on track for Gulf of Mexico. Currently CAT 1, could strengthen to CAT 3.
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XL Capital ratings back to stable
AM Best revises outlook following discussions with company’s management board
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AM Best comments on Flagstone Re move
Reinsurer’s rating unaffected by move to Switzerland
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Analysis
P&C data quality is reinsurers' top concern
Ernst & Young survey finds that underwriters are concerned about impact on prices
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Aon to buy Benfield for 350p per share
Benfield shares soar. Benfield to become part of Aon Re Global.
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QBE struggles in home market
Profits down 7% at Australia's biggest insurer. Could go shopping for an acquisition in the U.S.
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Buffett supports anti-debt film
U.S. faces $53 trillion bill as population grows older on average.
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Madrid crash MD-82 aircraft had history of problems
Crash blamed on left engine, made by Pratt & Whitney, catching fire. Other MD-82s had engine failure on 4 August, and hydraulics problems on 9 August.
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Sale of Scottish Re’s Asian life re division complete
Pacific Life Re finalises purchase. HQ to remain in London.