All Weekly Email Alert articles – Page 32
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Markel International's income falls
Investment loss of $114m. Net income per share down by almost half, during first six months of 2008.
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Edouard weakens to a depression
Wind speeds down. Rain accumulations of 3 to 5 inches in Texas. 10 inches in places.
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Lancashire writes 27% less in Q2
Premiums drop, but book value up, as company maintains cautious approach in softening market.
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Gribben becomes Global Sales & Marketing Director, Willis Group
Willis International to be led by Brendan McManus, Eugenio Paschoal, and Flavio Piccolomini.
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Edouard losses to be low - EQECAT
Cat modelling agency expects onshore losses from Tropical Storm Edouard to be less than $100m. Offshore, newer platforms OK. Strength increasing to hurricane force.
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Online onlyTropical Storm Edouard threatens oil facilities
Edouard expected to strengthen to hurricane strength before striking upper Texas coast
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Online onlyJulian remains about 55 kmph
Tropical Depression Julian (10W), located near the Philippines, caused heavy rains. Now heading toward China.
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Wildfires rage across California
4,000 firefighters battle ‘Telegraph Fire’ in a bid to save homes and infrastructure
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Willis commissions up despite soft market
Commissions up 3% despite declining premium rates. Net income for the quarter falls by half, after costly contract buyouts and severance costs.
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John Doucette joins Everest Re
Previous Max Bermuda president and chief underwriting officer of P&C becomes exec vp at Everest Re Group
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Typhoon Fung-Wong kills two
$6m losses to agriculture in Tawain. Typhoon makes landfall in China.
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UPDATE: Typhoon Fung-Wong
Chinese authorities evacuate tens of thousands of people. Fung-Wong to make second landfall in Fujian Province as CAT 1 typhoon today.
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Online onlyTyphoon Fung-Wong hits Taiwan
Wind speeds of 140 kmph. China very likely to be hit in 12 hours.
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AnalysisCredit quality falls in Europe
European economies struggle with rising inflation and slowing growth. Credit crunch shows no signs of abating, says Moody's.
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Online onlyWorld insurance premiums reach $4trn - Swiss Re
Emerging market growth fuelled a 3.3% rise in world insurance premium in 2007, according to Swiss Re Sigma
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First Reserve launches Bermudan energy insurer
Torus is supported by a $720m equity funding and will focus on the energy sector
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Capital markets hold depth for pandemic risks
Guy Carpenter examines the use of extreme mortality bonds in its briefing "Push Pandemic out of Insurance"
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Hannover Re issues US cat bonds
Property catastrophe risks of a number of US cedants were pooled and transferred to the capital markets
