All Top News Stories of The Week articles – Page 12
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Axis: Charman changes retirement plans
Despite plans to retire in December 2008, John Charman's employment agreement has been extended
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XL loses its top two men
Brian O’Hara and Michael Esposito have announced they are retiring
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Wildfires continue to rage in California
Fires are “not yet” as severe as those of 2003, when the Cedar Fire alone caused losses of $1.2bn
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Willis resolves discrimination suit for $8.5m
Willis settles class action but continues to deny any gender discrimination
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Lehman Brothers launches securitisation vehicle
Libero Ventures to move exposures to capital markets
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China Re moves closer to IPO
China Re completes its restructure ahead of listing on the Hong Kong and Shanghai stock exchanges
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Arch names new president
Terry Pimentel is named president of Arch Insurance Bermuda as James Ansaldi steps down
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Willis “applauds” TRIA extension
CEO Joe Plumeri backs the Senate’s vote to extend TRIA for seven years
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NAIC in bid to catch up with Europe
The US regulator debuted its proposal to modernise reinsurance regulation
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PCI backs "improved" TRIA and flood proposals
Senate's TRIA bill does not mandate insurers to provide NBCR cover; flood bill does not include wind cover
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Munich Re issues Japanese quake bond
High demand shows the ILS market has not been impaired by the credit crunch
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Ace opens box at Lloyd’s
New Lloyd's entity is "a significant milestone" for newly-named Ace Bermuda International
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Munich Re buys US insurer for $1.3bn
Entering niche segments is part of its “Changing Gear” programme
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Guy Carpenter establishes GC Securities
It has also expanded its investment banking capabilities in Europe
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Spate of new hires at SCOR
Following the integration of Converium, SCOR has assigned a number of key positions across the group
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Transamerica Re continues European expansion
The life reinsurer continues to see opportunity after opening a Madrid office
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Hiscox launches new terror cover
Combined war, terrorism and political violence cover will protect companies against all three