All Weekly Email Alert articles – Page 34
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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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More rating downgrades for Ballantyne Re
Standard & Poor's has lowered its senior debt rating on Ballantyne Re notes to 'BB' from 'BBB-'
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Online onlyBrit begins trading on IFEX
Brit is the first major London-market insurer to trade in insurance-linked derivatives on IFEX
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Online onlyFlorida 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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Online onlyCredit 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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Benfield launches Kazakhstan quake model
Several strong earthquakes have occurred in Kazakhstan during the last two hundred years
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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
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S&P: AIG ratings downgraded after $7.8bn loss
The level of losses exceeds expectations; outlook is likely to remain negative after $12.5bn capital raise
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AIG reveals $7.8bn loss in Q1
Ailing insurer plans to raise $12.5bn “to fortify its balance sheet”
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Munich Re Q1 profits take a tumble
The quarter was characterised by "a random cluster of major losses" and investment writedowns
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Asia Capital Re launches retakaful company
The venture with Khazanah Nasional Bhd and Dubai Banking Group will be the world's largest retakaful company
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Validus launches Miami-based Latin insurer
Validus Reaseguros will specifically target the Latin American and Caribbean markets
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Albertini to head up Amlin ILS venture
New investment management firm is headed up by John Wells and former Swiss Re ILS head Luca Albertini
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Online onlyInvestment loss sees Berkshire profits plummet
During the first quarter Berkshire’s derivatives had an unrealised pre-tax loss of $1.6bn
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Endurance income drops; GWP leaps 51.5%
Premiums grew due to the acquisition of an agriculture insurance company, says LeStrange
