All Weekly Email Alert articles – Page 53
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Online onlyMunich Re in Indian joint venture
Joint venture gives ERGO Group access to Indian primary insurance market
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Munich Re buys MSP Underwriting
Acquisition sees it acquire a 47.3% of Lloyd’s Syndicate 318
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Swiss Re acquires part of Resolution
£2.35bn deal conditional to Standard Life offer being completed
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Arch sees moderate rise in net income
Gross written premiums down on 2006; combined ration 84.8%
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Fitch: Wildfires could break records
Rating agency predicts that the wildfires could be costliest ever in US
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Hannover Re establishes Bermudan life operation
Hannover Life Reassurance Bermuda has equity base of €120m
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Ace Q3 net income jumps 13%
Despite record profits, reinsurance net premiums written declined 24%
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XL takes Q3 subprime knock
XL profits are down 21% primarily due to exposures to the global credit crunch
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Online onlyAxis: Charman changes retirement plans
Despite plans to retire in December 2008, John Charman's employment agreement has been extended
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Platinum sees net income rise 7.5%
Net premiums down 14.5%; combined ration down to 81.3%
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Online onlyXL loses its top two men
Brian O’Hara and Michael Esposito have announced they are retiring
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Online onlyWildfires continue to rage in California
Fires are “not yet” as severe as those of 2003, when the Cedar Fire alone caused losses of $1.2bn
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Drive to differential pricing to have "mixed impact"
New S&P report expects EC enquiry to add impetus to differential pricing drive
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Kiln strengthens underwriting team
Will Curran will join as deputy underwriter in April 2008
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AIR launches Chinese typhoon model
Project incorporates collaboration with Shanghai Typhoon Institute
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Moody's affirms Munich Re America
Affirmation follows announced intention to acquire Midland
