All News articles – Page 444
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XL bond insurers on review for downgrade
The securities that are guaranteed or "wrapped" by the insurers could also be downgraded, warns Moody's
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Online onlyBermuda thriving amid turmoil, says Fitch
Rating agency considers developing a separate rating outlook for Bermuda
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MMC vice chairman to retire
Mathis Cabiallavetta will join the board of directors of Swiss Re
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Fitch upgrades Arch Capital and Arch Re
Upgrades reflect its consistently strong underwriting profitability relative to its peers
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Marine & energy promotion at Aspen
Simon Mason is named deputy head of marine & energy, International Insurance
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Online onlyWindstorm Emma causes damage across Europe
Strong winds caused damage and disruption in Germany, Austria, Poland and Czech Republic, says RMS
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The party is over, warns Buffett
Berkshire Hathaway’s underwriting profits dip in 2007; Buffett warns profit margins will fall “significantly”
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S&P revises Novae outlook to positive
Rating agency expects to see further legacy resolution through effective run-off of liabilities
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Scor in $100m and EUR36m mortality swap
Swap will compensate Scor in the event of major pandemics, natural catastrophes or terrorist attacks
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Online onlySwiss Re profits in at CHF4.2bn; lawsuit filed
Further credit swap writedown of CHF240m; Class action suit filed against the reinsurer
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Swiss Re relaunches business model
Focuses on business integration and capital market opportunities
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Online onlyUK earthquake costs at £30m
RMS says insured losses could be between £15m and £30m ($30m - $60m)
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Peter Zaffino named CEO of Guy Carpenter
No reasons for Spiller’s departure; Britt Newhouse is named chairman; Both to report to Duperreault
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Cat bonds went "mainstream"in 2007
Guy Carp reports that issuances reached $13.8bn in 2007, 63% more than 2006
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Largest quake in 25 years hits UK
AIR expects damages in the "tens of millions of pounds"
