All News articles – Page 425
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Roger Ferguson leaves Swiss Re
As Financial Services unit is "simplified" Ferguson leaves to join a major financial institution; David Blumer joins from Credit Suisse
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Munich Re completes Sterling acquisition
Munich Re has bought a 100% stake in Sterling Life Insurance Company for $352m
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S&P rates Chubb cat bond
East Lane II is the first time S&P has assigned a rating to a cat bond covering wildfire losses
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Online onlyUS federal charter back on the agenda
The Treasury Department’s plans for regulatory reform are not backed by the PCI
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Reinsurers facing volatile year, warns Willis
Rates continue to soften over a wide range of classes and territories, finds April renewals report
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Directors stand down from Transatlantic board
Chairman Martin Sullivan thanks James Balog and Diana Mayer for “their fine work”
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Excess Re on negative watch
The negative implications reflect the uncertainty surrounding the sale of the reinsurer
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Glacier Re launches London-based insurer
Former QBE managing director Steven Price appointed to head up London office
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Allied World launches US reinsurer
The company has been capitalised with over $500m and is licensed to underwrite business in 49 states
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Scottish Re delays earnings release again
Troubled life reinsurer blames continuing deterioration in the credit markets
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Allied World Re assigned "A" rating
The ratings receive enhancement based on the tangible support provided by its parent, says AM Best
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Gallagher Re sale to Aon completed
The UK transaction had been subject to certain conditions which have now been fulfilled
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MMC names Ben Allen CEO of Kroll
He succeeds Simon Freakley, who will serve as CEO of a newly-formed MMC corporate advisory and restructuring unit
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SCA and XLCA lose their “A” rating
SCA's current level of capital is no longer consistent with an investment grade IFS rating, says Fitch
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Online onlyLloyd’s pushes into Eastern Europe
Lloyd’s has appointed representative Witold Janusz in a bid to gain its license in Poland
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New CEO for Paris Re America
Edmund Kelly has been appointed CEO of Paris Re America Insurance Company
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Heritage expands team with Benfield hire
Heritage has appointed Paul Aitchison to the newly created position of business development manager
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Whittington appoints John Loudon as non-exec chair
Former chairman, Edward de Jager, will remain as an active non executive director
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Ironshore launches healthcare liability unit
IronHealth will offer hospital professional, managed care errors & omissions and long-term care professional liability
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Max Capital outlook revised to positive
Max Capital Group will be positioned for an upgrade in about 18-24 months, says S&P
