All Top News Stories of The Week articles – Page 2
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Cooper Gay completes Heath Lambert buyout
The acquisition, for an undisclosed consideration, will increase Cooper Gay’s UK revenue by over £8.5m
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Reinsurance "no longer an annual consideration" - Guy Carp
Reinsurance capacity is ever plentiful in Florida ahead of the 2008 hurricane season, say experts
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Prices to drop 15% at mid-year - Guy Carp
A competitive market and the absence of any major insured losses is driving down pricing ahead of the Florida renewals
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Greenberg investigated in second AIG deal
SEC probe has turned its attention to a second deal made by AIG that goes beyond this year's trial, say reports
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S&P maintain stable outlook for global reinsurers
Reinsurers have delivered returns "not seen in over a decade", but conditions in 2008 are more challenging
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IAG CEO resigns amid failed QBE bid
Michael Hawker struck a defiant note while acknowledging he had lost investor support
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Benfield invests $50m in ILS firm
Former RenRe SVP Michael Cash is CEO of new ILS investment management firm, Juniperus Capital Limited
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Moody's downgrades AIG; outlook negative
Outlook reflects AIG's exposure to further volatility in the US mortgage market
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Brit begins trading on IFEX
Brit is the first major London-market insurer to trade in insurance-linked derivatives on IFEX
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Florida Commission approves AIR model
Recent Florida legislative changes require insurers to use Commission-certified models
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SCOR London hub names Malcolm Newman MD
SCOR intends to apply a similar structure to its other hubs in Zurich, New York, Singapore and Paris
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Credit crunch to impact cat funds
US policyholders could be left "in limbo” if a major hurricane strikes, warns AM Best
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Munich Re in $300m Japanese quake bond
Earthquake risks were transferred to the capital markets on behalf of Japanese mutual, Zenkyoren
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Moody's: Recession will hurt insurers
North American life and property & casualty have experienced "meaningful" investment losses
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New role for Priebe at Guy Carp
David Priebe will head up a dedicated global client development group to build new business
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Catastrophe premiums down 8% - Catlin
Net premiums grow slightly due to continuing benefits from Wellington acquisition
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Argo complete Heritage buyout
Acquisition is part of Argo's "evolution as a leading international specialty underwriter"
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Benfield launches Kazakhstan quake model
Several strong earthquakes have occurred in Kazakhstan during the last two hundred years
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UPDATE: More than 7,000 dead in China earthquake
Rescue efforts continue following 7.8-magnitude quake in Sichuan province
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AIG on review for downgrade - Moody's
The review process could lead to a rating downgrade of one or two notches, said Moody's