All News articles – Page 467
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US re/insurers to escape subprime crash
The “conservative” US P/C industry’s exposure to subprime is less than $15bn, says Moody’s
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CIG and New Castle sidecar rated
AM Best has assigned debt ratings to Cayman-based Emerson Reinsurance
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Axiom launches claims management tool
Cat5 to provide scalable claims management for reinsurers in the wake of major catastrophes
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Brit expands personal accident team
Keith Thorogood, who joins Brit Insurance from Catlin, appointed as personal accident underwriter
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Hart joins Willis Commercial Network
The Willis Commercial Network welcomes Hart as a new member
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Allianz Global ratings affirmed
AM Best affirms ratings of Allianz Global Corporate & Specialty AG
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Cat 5 Dean blasts into Mexico
Hurricane Dean has slammed into Mexico’s Yucatan Peninsula as a violent category 5 storm
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Munich Re joins UN initiative
Global Compact initiative promotes human rights and environmental standards
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S&P: testing times ahead for GMIs
GMIs face a challenging second half of the year in the face of a flagging p/c market, according to a new report by S&P
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JLT hires Japanese construction expert
Nobuyuki Akahane joins broker from Marubeni Corporation
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New CEO for Willis Minnesota
Alan Thomas joins Willis from Wells Fargo Insurance Services
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SCOR gets clean bill of health
Converium ratings upgraded to “A-” and SCOR removed from negative watch
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Korean Re in Asian expansion plans
Reinsurer plans to acquire 10%-20% of primary Asian insurers
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New takaful company for Qatar
The Qatar General Insurance and Reinsurance Company launches new offering
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Cat market quiet as Dean approaches Mexico
Dean is expected to have a limited impact on the ILW market as it misses US
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XL ratings affirmed
S&P affirm XL’s ratings, with a stable outlook, but this is partially offset by “inconsistent earnings performance”
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Peru quake losses should not exceed $1bn
Low residential insurance uptake means losses from quake unlikely to exceed $1bn, says AIR