All Weekly Email Alert articles – Page 41
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Hannover Re "satisfied" with renewals
Rate reductions smaller than anticipated despite soft market, CEO Zeller says
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Lords welcome EU Solvency II stance
Lords Committee welcome reform measures for insurance sector
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CCRIF announces new measures for 2008
Premiums down; attachment point decreased to one in 15 year events
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AXIS profits break the $1bn mark
2007 was a "milestone year" for the six-year-old Bermuda reinsurer, says CEO John Charman
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Bob Cooney joins Aon Re Global
Former Max Capital CEO becomes MD of Aon Capital Markets and vice chair of Aon Re Global in Bermuda
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Unum in $350m share repurchase
Buysback stock from Morgan Stanley as part of wider $700m plan
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Transatlantic reports record net income
Net income up 13.8% to $487.1m from $428.2m the previous year
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Benfield opens Beijing office
Huang Ling, previously with Benfield in Shanghai, has been appointed as chief representative
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Financial Guaranty downgraded on $1bn subprime exposure
Company sees Fitch slash rating from "AAA" to "AA"; remain on ratings watch negative
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MBIA reveals full year $1.9bn loss
Insurer writes off Channel Re; reiterates commitment to $2bn capital raising
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Everest Re full-year profits match 2006
Q4 income down after asbestos reserve strengthening; share buyback to continue
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Online onlyNew study pinpoints danger of sea surface warming
Benfield scientists say sea surface warming was responsible for about 40% of the increase in Atlantic hurricane activity
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MMC appoints Duperreault as CEO
Former ACE man, Brian Duperreault, appointed as president and chief executive officer of MMC
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Online onlyAllstate profit drops 37% on cat losses
Net income drops to $760m from $1.21bn the previous year; combined ratio up to 95.9%
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Towers Perrin launches French reinsurance operation
Serge Mussard, formerly of Guy Carp, is managing director
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Gallagher Re up for sale
Arthur J Gallagher has confirmed it will sell its reinsurance operations in early 2008
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Best recognises strong US P/C results
Despite price softening, Best finds industry underwriting profit of $19.3bn
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Significant progress made on market reform
Accounting and settlement, ECF and contract certainty all hailed as successes
