All Top News Stories of The Week articles – Page 14
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Scottish Re names new CFO
Terry Eleftheriou was most recently a group finance executive with XL Capital
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Avian flu to cost $4.4trn
Marsh study finds 20% of world population at risk; 140 million deaths predicted
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Lloyd’s reports £1.8bn profit in H1
Combined ratio of 82.9% is lowest amongst its rival international markets
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Subscription market could be anti-competitive
Competition commissioner Neelie Kroes calls broker transparency and co-insurance pricing into question
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Munich Re opens retakaful office
Kuala Lumpur operation will be devoted to Shari'ah-compliant products
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Credit crisis to slow global growth
IMF warns that global markets will face "protracted adjustment"
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Willis leads London market initiative
Willis is piloting email endorsements on behalf of the Market Reform Group
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PCI applauds passing of TRIA
The House has backed TRIA’s extension but further revisions are needed, says the PCI
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CEA hires former CEIOPS secretary general
Alberto Corinti will lead CEA’s Solvency II project
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Marsh execs join Willis Japan
Shoji Ohashi and Yoshiki Yamamoto join as chairman and CEO respectively
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White House could veto TRIA extension
PCI warns terror backstop is vital to the US economy
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Brian Storms leaves Marsh
No reasons are given as Marsh CEO steps down effective immediately
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Only a $15bn-$25bn event will hold back rates
Cedants are likely to buy more reinsurance as prices come down, predicts Aon Re Global
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Industry takes on climate change
Several insurers, reinsurers, brokers and Lloyd’s have signed up to the ABI’s ClimateWise principles
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Hannover Re ratings upgraded
AM Best expects Hannover Re’s profits to increase to $1.3bn in 2007
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Flagstone opens in Puerto Rico
Bermudian reinsurer opens new office in Puerto Rico headed by Rafael Saer
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Active hurricane season still on the cards
TSR lead scientist Professor Mark Saunders says the general trend is toward stronger hurricanes
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Chilton: "Take convergence seriously"
Grahame Chilton has urged delegates at this year's Rendez-Vous to take the capital markets convergence seriously