All News articles – Page 402
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BIBA undaunted by LMBC proposal
UK-based brokers’ group said it will continue to represent all members despite moves to create a separate association
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Marsh to address oil and gas fears
Conference will provide advice to offshore energy producers in climate of increased uncertainty
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Transatlantic’s hurricane losses could be $60m
Estimate for Gustav and Ike involve ‘significant amount of judgment’
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Discussions over AIG’s stake in Transatlantic
Special committee of directors formed. AIG owns 59% of Transatlantic Holdings common stock
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World Economic Forum issues ILS ideas
Recommendations announced to spur further growth of the market
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Gustav/Ike losses ‘significantly underestimated’
Validus says industry loss is closer to $15bn - $17bn and announces its own $185m loss
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Willis announces HRH shareholder stakes
Decision follows $2.1bn buyout completed on October 1
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UK insurers told to prepare for litigation
Sharp increase in the number of US cases set to be reflected in the UK shortly
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JLT appoints former Aon manager
Warren Dann joins as sales leader for Global Risk Solutions practice
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Insurers welcome Solvency II vote
European Parliament committee agrees a text for the updated regulatory requirements
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Montpelier Re loses £130m in hurricanes
Preliminary estimates are based on a total industry loss of $15bn
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Endurance expects $145m hurricanes loss
Bermuda company also reports $10m exposure to Lehman and AIG
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Caribbean nation receives cat pool payment
Turks and Caicos Government receives first hurricane-related payout
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Greenlight Re takes investment hit
However Q3 results show healthy underwriting performance
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Amlin to buy French underwriting agency
Acquisition from 21 Centrale Partners marks European expansion
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RenaissanceRe expects $275m hurricane loss
$8.7m exposure to Lehman Brothers securities also announced
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Munich Re’s hurricane losses estimated at $500m
Gustav and Ike ‘could cost industry $20bn’ company says
