All Top News Stories of The Week articles – Page 5
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Paris Re moves Bermuda firm to Switzerland
Following ACE’s move from Cayman to Zurich, Paris Re merges its Bermudan and Swiss entities
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Scor enters Brazil reinsurance market
Scor joins recent movers Transamerica, Swiss Re and XL in Brazil
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XL launches reinsurer in Brazil
XL to enter newly-opened Brazil as both a local and admitted reinsurer
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Montpelier names European head
Thomas Busher, a founding member of Montpelier, will become head of European Operations, effective 1 July 2008
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Munich Re completes Midland acquisition
US specialty primary insurer Midland is bought for $1.3bn
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Aon: Short-term hurricane forecasts inaccurate
More success in tracking hurricane activity over periods of five years or more
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Argo Group confirms Heritage buyout
$272 million all-cash transaction secures buyout of Heritage Underwriting Agency
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Solvency II: UK insurers accused of complacency
Firms must get involved or the UK will cease to be a leading European insurance market, warns Deloitte
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Roger Ferguson leaves Swiss Re
As Financial Services unit is "simplified" Ferguson leaves to join a major financial institution; David Blumer joins from Credit Suisse
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Munich Re completes Sterling acquisition
Munich Re has bought a 100% stake in Sterling Life Insurance Company for $352m
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S&P rates Chubb cat bond
East Lane II is the first time S&P has assigned a rating to a cat bond covering wildfire losses
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US federal charter back on the agenda
The Treasury Department’s plans for regulatory reform are not backed by the PCI
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Reinsurers facing volatile year, warns Willis
Rates continue to soften over a wide range of classes and territories, finds April renewals report
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Glacier Re launches London-based insurer
Former QBE managing director Steven Price appointed to head up London office
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Allied World launches US reinsurer
The company has been capitalised with over $500m and is licensed to underwrite business in 49 states
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XL comments on Merrill Lynch lawsuit
Merrill Lynch is suing XL Capital Assurance and not XL Capital, contrary to "erroneous" reports
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Eliot Spitzer resigns
The "Sheriff of Wall Street" steps down after sex scandal revelations
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Brit's Gibraltar reinsurer opens for business
Rockhampton Insurance will write some £60m of reinsurance business this year
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Record results for Hannover Re
German reinsurer sees profits surge by 42.6% despite a drop in premiums