All News articles – Page 238
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AM Best gives Lancashire a positive outlook
London Stock Exchange listing offers the group financial flexibility
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Argenta names Graham Allen chief financial officer
Allen and Ian Maguire are appointed to the board
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Moody’s warns European insurers over dwindling reserves
Little cushion left after seven consecutive years of reserve releases
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European flood loss creep begins
Since the 2002 floods, protection has improved and insurers have introduced higher deductibles or withdrawn from providing cover in loss-prone areas
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AIR: German flooding to cost insurers up to €5.8bn
Economic losses will be ‘much higher’ says risk modelling firm
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XL Re appoints European casualty underwriting manager
Valérie Devaux-Piquer joins XL Group from Transatlantic Re
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Cat bond investor Pillar names new chief executive
Stephen Velotti to head Bermuda-based, Transatlantic-backed company
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M6.5 earthquake strikes Nicaragua
Three million people in Nicaragua, Costa Rica, El Salvador and Honduras felt the quake
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IIS elects Greig Woodring as president
The RGA president and chief executive succeeds Norman Sorensen
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Argenta launches VisionRe investment vehicle
VisionRe will seek to generate an annual return on capital invested in excess of 10%
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Hannover Re: Flood losses in excess of €100m
Reinsurer sees no threat to group net income guidance of €800m for 2013
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Colorado wildfires engulfs homes worth $500m
Thousands evacuated as 40km2 fire destroys hundreds of homes
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AM Best puts Ace on positive
Reflects diversified global operation enhanced by prudent acquisitions
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ACE appoints LatAm surety head
Arturo Martinez will also head up newly-acquired ACE Fianzas Monterrey
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Aon Benfield: US commercial insurers nearly $1bn under-reserved
Reserve deficiencies are supporting rate hikes, says broker