All Europe articles – Page 62
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S&P: Ratings unchanged on Swiss Re EU subsidiaries
S&P's ratings and outlooks on the European subsidiaries of Swiss Re remain unchanged following today's announcement
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Swiss Re to form Luxembourg entities
In anticipation of the European Reinsurance Directive, Swiss Re will adapt its legal structure
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Aon pays Benfield £9.5m in damages
Aon Re is to pay Benfield £9.5m after poaching most of Benfield's facultative reinsurance team last year
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Moody's restores Converium's "A" rating
Moody's has restored Converium's "A" rating, due to the "continued enhancement of Converium's financial profile"
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Beazley reports £86.8m profit
Beazley results reflect strong underwriting conditions in 2006
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Global warming will increase hurricane risk
Munich Re maintains its assumption that climate change will increase the risk of hurricanes in the near future
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Brit 2006 profits leap 198.6%
Brit has announced a profit of £186.3m for 2006 and a planned share buyback of £50m
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SCOR encouraged by Converium upgrade
Due to its upgrade, Converium and SCOR combined would “have a strong commercial position”, says SCOR
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Tawa acquires run-off business
Tawa has entered into an agreement to acquire Continental Management Services Limited
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Miller expands reinsurance unit
Miller has appointed two new directors for its reinsurance business unit
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AM Best comments on Swiss Re results
Despite its post tax profit of CHF4.6bn and announced share buyback, Swiss Re's ratings will remain unchanged
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Features
Taking on London
A raft of recent regulatory changes has helped turn Switzerland into a reinsurance force to be reckoned with. But for a country with such a saturated insurance market, can it support further growth? Nick Thorpe finds out.