All Weekly Email Alert articles – Page 50
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Kiln sees 2% drop in rates
Reiterates plans to reduce its syndicate capacity due to softening market
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Montpelier extends CEO contract
Promotes CRO to president; COO promoted to deputy chairman
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Reinsurance premiums dip for Brit
Premiums rates are “under continued downward pressure”
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Solvency II clears another hurdle
Third quantitative impact study was a “crucial exercise” in testing the design of Solvency II
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Premiums down to 1999 levels
Willis survey finds premiums are decreasing to low point of the last soft market
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Willis appoints new Latin America CEO
Eugenio Paschoal joins from Willis Brazil and replaces Jose Ribeiro
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AM Best: Swiss Re on negative review
Swiss Re’s ratings are placed on negative review due to its $1bn “credit crunch” loss
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Florida regulator denies Allstate rate hikes
Rates do not reflect the expansion of the Florida Hurricane Catastrophe Fund, says regulator
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XL acquires Swiss Re consultancy
Global Asset Protection Services is a loss prevention consultancy
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AM Best: Endurance ratings upgraded
Upgrades reflect Endurance's excellent capitalisation, strong financial flexibility and risk management controls
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Global ERM strategies still lacking
Aon survey finds most global companies still lack integrated ERM strategy
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Swiss Re takes massive subprime hit
Blames $1.07bn loss on the “unprecedented and severe ratings downgrades undertaken by the rating agencies”
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NAIC reveals draft reinsurance proposals
New framework proposes a single-state US regulator
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Guy Carp launches Czech Republic flood model
Fully probabilistic flood model covers major rivers and populated areas
