All News articles – Page 376
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SCOR income falls 6.7% in 2008
However, results from the first nine months show liquidity increasing to EUR3.2bn
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New Castle Re ratings unchanged by investor concerns
However, AM Best ‘will watch closely’ after reinsurance affiliate is placed into run off
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New reinsurer formed after GMAC Re buyout
Maiden Re created following Maiden Holdings purchase of GMAC reinsurance arm
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Trust Re outlook changed to positive
Bahrain-based company demonstrated improved ERM, says Standard and Poor’s
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Arig reports $10.8m net loss
Bahrain-based reinsurer suffered as a result of investment losses
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Insurers ‘offer lower risk than banks’
Moody’s snapshot survey discloses investors’ perceptions of (re)insurance
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EU Commission ‘unconvinced’ on block exemptions
Spokeswoman says insurers have ‘failed to make a case’ for continued competition waivers beyond 2010
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Munich Re creates board position for life re
Joachim Wenning appointed to the role. Move reflects increased focus on life reinsurance.
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Brit Insurance appoints portfolio director
Stephen Moss will look after long tail business
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Protective responds to downgrades
Company issues statement after Moody's and Fitch downgrade its insurance financial strength rating
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Beazley completes Momentum buy
Acquisition supported by set up of two new Lloyd’s syndicates. Chris Branch now runs Beazley Accident & Life division.
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Allco collapses
Australian finance house that once tried to take over Quantas goes into receivership
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HCC results hit by Gustav and Ike
HCC exits equity investments, including hedge funds and alternative investments, and reinvests in fixed income
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Online onlyHannover Re reports Q3 loss
395 million euro net loss, but could break even in the fourth quarter.
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Online onlySwiss Re net loss of CHF304m in Q3
Net claims from hurricane Ike revised up from $250m to $315m
