All News articles – Page 468
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Subprime collapse ups liability claims risk
D&O and E&O costs could rise as a results of the US sub-prime crisis, warns Marsh
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Hiscox reports record half-year results
Insurer increases profits by 72.1%, GWP rises 17%
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Munich Re buys stop loss insurer
German reinsurer increases stake in Cairnstone from 25% to 100%
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$2bn losses expected as Dean batters Jamaica
Cat 5 Hurricane Dean is expected to intensify as it heads towards Cayman
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QBE reveals 56% profit increase
H1 results up to a record $921m; no exposure to sub-prime crisis
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Scottish Re North America CEO steps down
Scottish Re North America president and CEO Cliff Wagner leaves the company; Goldean steps in
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ACE declares quarterly dividend
ACE has declared a quarterly dividend of 27 cents per ordinary share
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RMS and Insight form new underwriting service
The new venture provides US property insurers with direct access to RMS models and Insight’s analytics
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TAWA expands APH team
Three new appointments join from Axiom to strengthen consulting service
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Dean bears down on Jamaica
Dean is expected to become a major hurricane by the time it reaches Jamaica on Sunday, warns AIR
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330 dead as major earthquake hits Peru
AIR estimates that insured losses from the earthquake are not likely to exceed $1bn.
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Fewer opportunities boost buybacks
The dramatic increase in share buybacks should not harm ratings, says Moody’s
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Scottish Re details subprime exposure
Scottish Re has provided additional disclosure on its subprime asset- and mortgage-backed securities
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Montpelier Re expands risk management team
Montpelier Re has named Timothy Aman as senior vice president and risk management officer
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Marsh & McLennan ratings affirmed
Moody's affirms debt rating and changes outlook to stable
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Allstate Floridian on negative outlook
The property insurer's gross and net probable maximum loss remains high, concludes AM Best
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PCI backs Katrina claims handling
A report has found that there was "no evidence that wind damages were improperly attributed to flooding"
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Florida regulator denies rate filings
The Florida insurance regulator has denied the rate requests of three insurers for “not substantially lowering their prices”
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99% of Katrina claims settled
The Insurance Information Institute has revealed how few Katrina claims remain in dispute