All Company articles – Page 14
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The Hartford lost $2.6bn in Q3
Recent $2.5bn investment from Allianz has strengthened capital.
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Flagstone Re Africa gains its first rating
AM Best points to strong support but also the risks of rapid growth
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Online onlyACE says soft rates are over
"Rates will begin to firm" - Evan Greenberg. ACE 3Q net income falls 92% after market losses.
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AIG appoints chief restructuring officer
Paula Reynolds will be lead liaison officer with Federal Reserve Bank of New York
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Navigators results hit by Gustav and Ike
Hurricanes Gustav and Ike cause $18m losses in third quarter. Net income of $1m for 3Q.
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Dutch government steps in to protect Aegon
Another Dutch insurer receives government help. 3bn euros to be injected.
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Montpelier Re reports Q3 loss of $55m
Drop in operating income follows $130m impact of hurricanes
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Munich Re will ignore low-priced business
Giant says 10 biggest reinsurers have lost 25% of their market value
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Aon moves White Rock from Gibraltar to Malta
Low net tax and network of tax treaties ‘made the island attractive’
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Moody's reviews XL Capital for possible downgrade
Follows XL's announcement of an estimated $1.6bn to $1.7bn net loss
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Allstate’s issuer credit rating downgraded
AM Best cites company’s surplus decline due to catastrophe losses
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VIG Re assigned its first ratings
Czech-based newcomer rated 'A+' on links with Austrian parent, says S&P's Ralf Bender
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RGA reports 67% drop in Q3 net income
CEO says fall was caused by $99.8m in net investment losses
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Allstate CEO credits re deals for limited cat loss
Company posts $923M net loss for Q3 including investments
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Montpelier forms Lloyd's managing agent
Subsidiary will assume management of Syndicate 5151
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Platinum Underwriters reports $43m Q3 loss
$120m hurricane losses partially offset by investments and net premium
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Omega: market is underestimating hurricane losses
Ike and Gustav costs will be ‘materially larger’ than $11bn - $19bn
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Swiss Re in African drought contract
Derivatives deal with World Bank covers losses in Malawi
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Hannover Re dented by catastrophes and markets
Q3 profit declines; 2008 targets ‘no longer attainable’.
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ACE expects $1.5bn 3Q investment loss
Operating income for 3Q to be between $1.44 and $1.48 per share.
