All News articles – Page 397
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Munich Re could face further write-downs
2008 profit expectations reduced by 1.4bn euros, according to reports in a German newspaper
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Moody's affirms QBE ratings
However, its takeover target PMI remains on review for downgrade
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Aurigen Re starts life/health cover in Canada
Bermuda reinsurer gains regulatory approval
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PhilNaRe profits tumble
41% fall in profits in the first half of the year. Typhoon claims hurt results.
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Tokio Marine profit falls 42%
Japan's insurance sector suffers as country nears recession
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Seas too choppy for Lloyd’s sailing day
Organisers of boat trip on ‘The Lutine’ keen to avoid fate of its namesake
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State Farm presses for 47% higher rates
Regulators to question State Farm executives about the proposed increase at public hearing.
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US raises hurricane research funding
Budget for 2009 increased to $17m to improve forecasting
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Endurance gains A rating
Fitch assigns first-time ratings to holding company and its subsidiaries
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Pehrson joins Aon Re from Guy Carp
Guy Carpenter New York MD joins Aon Re Global as executive director
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Willis Re makes three senior appointments
John Ehinger becomes COO. Mark Lever has been promoted to Chief Administrative Officer. Iain Pocock continues as CFO with increased responsibilities.
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Hannover Re reports reduced income
Capital market and exchange rate movements dampen profitability
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Prudential settles over finite reinsurance
Prudential agrees to a permanent injunction against further violations, after SEC complaint.
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Validus shelf rated
A.M. Best assigns indicative ratings of "bbb-" on senior debt, "bb+" on subordinated debt and "bb" on preferred stock. No plans to offer securities currently.