All Weekly Email Alert articles – Page 45
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Markel goes electronic
Confirms ability to accept claims through electronic claims file system
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Asbestos cover insurer launches
St George Re, backed by Berkshire Hathaway, offers cover for corporate asbestos risk
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Online onlyAIR: Winter storm losses could reach $600m
California bore the brunt of a storm “unlike classic Pacific Northwest winter storms”
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ACORD forms new broker committee
Joins forces with the London Market Insurance Brokers' Committee
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Online onlyWEF: US recession expected in next 12 months
Latest report from Word Economic Forum (WEF) also highlights highest levels of political and economic uncertainty for a decade
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XL woes see Stoneheath Re on negative
Best puts Cayman Islands exempted company on negative outlook as parent XL suffers pressure on profitability
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Online onlyCV Starr launches Sideris Re
Energy reinsurer consists of a new Lloyd’s syndicate and a Bermuda entity; private equity firm First Reserve is Starr's partner
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Swiss Re buys stake in Vietnam Re
$79m investment acquires 25% stake in Vietnam National Reinsurance Corporation
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Online onlyWinter storm pounds US
Extreme weather brings "extraordinary amounts of snow" according to AIR
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Online onlyQuakes could “devastate” Europe
A moderate earthquake could generate losses of $10bn, warns AM Best
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Tobin retires from XL
David Duclos, currently COO, to replace Clive Tobin as chief executive
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Scottish Re share price too low for NYSE
Ailing life reinsurer receives notice related to non-compliance; risks delisting
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White Mountains retires sidecars
Buys out Helicon Re for $150m; terminates contract with Olympus Re
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Swiss Re places cat bond for Groupama
EUR200m securities will cover windstorm events in France
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Online onlyLloyd's opens in Chile
Takes advantage of Free Trade Agreement between Chile and EU which relaxed insurance rules
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Hannover Re expands into Seoul
Plans to open life and health reinsurance business in June 08
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Another acquisition for QBE
Purchases property and casualty insurer North Pointe for $146m
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SCOR opens in South Africa
Mohamed Motala, previously of Swiss Re Africa, is named manager of new office
