All Editorial articles – Page 41
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Taiyo Life and Daido Life downgraded
Two of Japan's major life insurance companies ratings reduced by Moody's
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AXA leads 'market changing' Air France loss
On the London slip is XL. Hull value $99m, but liability could potentially reach $1bn.
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June 1 Florida P&C renewals up 15%
Increase less than expected. On lower capacity, increases also expected at July 1 renewals.
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Mag 7.1 quake strikes off Honduras
Damage to power, houses, factories, and bridge in Honduras.
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AIG to sell Transatlantic stake
Most of 59% stake in reinsurer is readied for public sale
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Online onlyAIG ordered to pay $0.8bn to investors
More than 257,000 harmed AIG investors to be compensated, following SEC 2006 fraud action
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Beazley Q1 GWP up 27%
Lloyd's insurer benefitting from weak pound, but hit on investments.
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Hannover Re GWP up 17%
Effects of the financial market crisis are largely behind Hannover Re, says CEO Zeller
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Madoff business sold for just $25.5m
Bernard L. Madoff Investment Securities, once worth $1bn, sold by auction
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Online onlyUnder $5bn bid for AIG's ILFC, say reports
Three bidders put in offers less than the book value of International Lease Finance Corp, according to unconfirmed sources.
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Munich Re and Tokio Marine in cat swap
Private catastrophe swap used Paradex-Europe Windstorm.
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Hartford seeks bids for P&C unit say reports
Travelers and Ace tipped as bidders for division worth $4bn-$8bn.
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Aegon could sell its Taiwan unit for $44m say reports
Exit of foreign insurers from Taiwan continues.
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Stanford denies Ponzi scheme allegations
Sir Allen Stanford says his companies were well-run until the US government seized them.
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Assurant in market with $150m cat bond
Ibis Re offers US wind cover with two tranches rated at BB and BB-.
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Online onlyMore reinsurance broker mergers unlikely, indicates Appel
Aon Benfield CEO says we have reached the “end of the journey” for reinsurance broker consolidation. But he predicts more reinsurer mergers.
