All Weekly Email Alert articles – Page 22
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UK snow caused by European low pressure
Significant disruption caused. 20% of workforce off work on Monday.
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Hardy expects £170m GWP for 2008
Losses from Gustav and Ike revised down $23m to $17.6m. Rates up 5.2% at Jan 1 renewals.
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New Fortis deal
BNP Paribas and Fortis agree revisions to their deal, hoping that shareholders will accept it on 11 February.
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Guernsey insurance entities up 1%
Some growth despite competition from other jurisdictions
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SCOR cat bond rated B+ and B
S&P rates new cat bond for U.S. hurricane and earthquake risks
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State Farm to exit Florida property
Insurer intends to leave market within two years, after failing to achieve rate increase
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NAIC to ease rules for life insurers
$25 to $30bn could be freed by changes proposed by American Council of Life Insurers
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Investment losses hit Max's 2008 figures
Net operating loss estimated at $2.65-$3.00 per share. Investment losses offset good underwriting results.
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Tropical cyclone Dominic to strike Australia
Dominic could strike the north coast of Western Australia with Tropical Storm force
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Hannover Re buys life portfolio from Scottish Re
$1.2 bn per annum portfolio makes Hannover Re fifth-biggest individual life reinsurer in the US.
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State Farm terminates contract with Satyam
Insurer ends outsourcing contract with troubled Indian software services company.
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Obama sworn in as President
"We must pick ourselves up, dust ourselves off, and begin again the work of remaking America," he says in inauguration address.
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Garand to be sentenced on 4 March
Former Gen Re chief underwriter, found guilty of fraud last year, thought unlikely to receive heavier sentence than CEO
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Fanele nears Madagascar
CAT 1 hurricane wind speeds of 41 m/s reported. Threatens Mozambique also.
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AIG Chief Investment Officer to step down, says report
Win Neuger will have a narrower role at AIG, according to the Wall Street Journal.
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Cat bonds are back
SCOR issues $200m three year transaction led by BNP Paribas and Deutsche Bank
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UBS to buy AIG commodity index business
UBS to pay $15m plus up to $135m based on future earnings.
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Another AIG man goes to Zurich
AIG loses more than 100 staff to Zurich Financial Services since bailout
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Q4 results could reveal investment losses
Ace, EverestRe and PartnerRe to benefit from woes of AIG and XL, according to share analyst