All Catastrophe articles – Page 35
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S&P assigns ratings to Swiss Re quake bond
Standard & Poor’s has assigned ratings to “MedQuake”, Swiss Re’s Mediterranean earthquake catastrophe bond
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Cat issues high on NAIC agenda
Catastrophe issues are high on the agenda at this year’s Summer NAIC meeting, which coincides with the start of 2007 storm season
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Reinsurers more exposed to hurricanes in 2007
An increase in quote share reinsurance could leave reinsurers more exposed to multiple storms in 2007, warns Fitch
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TSR continues to predict an active Atlantic hurricane season
TSR’s pre-season outlook reaffirms extended outlook and predicts Atlantic basin and US landfalling activity will be 65% above normal in 2007.
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Swiss Re in $100m Mediterranean quake bond
Swiss Re has obtained $100m protection against earthquake risk in Turkey, Greece, Israel, Portugal and Cyprus
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Alea shareholders urged to accept takeover bid
Independent directors are urging Alea shareholders to accept the acquisition bid by FIN Acquisition
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Munich Re takes lead in Caribbean cat solution
Munich Re is taking the syndicate lead in reinsuring the “Caribbean Catastrophe Risk Insurance Facility”
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Hannover Re completes Praetorian sale
The sale of Hannover Re's US subsidiary Praetorian Financial Group to the QBE has been closed
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EQECAT launches offshore Gulf model
New offshore energy model for the Gulf of Mexico launched
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US property-casualty reinsurers on the up in Q1
RAA survey reveals massive improvement in property-casualty combined ratios
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A buyer's market, say Willis report
Buyers benefit from global property market conditions
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Benign year puts Bermuda back on track
Bermuda enjoyed its most profitable year ever in 2006 in an environment of high pricing and no hurricanes
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Online onlyWTC payout sets new record
The record World Trade Center settlement is seeing further delays
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Online onlyBusiness interruption uncertainties
A new study has highlighted serious flaws in business interruption estimates relating to a severe London flood
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Congress urged to reject mandatory terror cover
Ahead of TRIA's sunset, Congress has been urged to reject mandatory cover for nuclear, biological, chemical and radiological attacks
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WTC insurers agree $2.5bn payout
Seven insurance companies have agreed to pay an additional $2.5bn to resolve all outstanding claims on the World Trade Center
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Ironshore approved to write insurance in Florida
The Bermuda-based specialty insurance company is to write property, property catastrophe and casualty insurance
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Amlin Q1 premiums down
Amlin's written premium in the first four months is down modestly compared to the same period in 2006
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Ark appoints political risk underwriter
Simon Low has joined Ark as senior terrorism, war and political risk underwriter
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Online onlyAllstate forced to defend rate rises
Allstate is taken to task over planned rate hikes in California
