All News articles – Page 491
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FSA releases new guidance
Industry guidance will aid firms in move towards principles-based regulation
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Felix losses less than $200m
The small population and low insurance penetration of the area means losses will be relatively low
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Benfield launches capital markets unit
Benfield has launched a new capital markets division for all forms of non-traditional risk transfer
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Felix races towards Nicaragua
Hurricane Felix expected to make landfall as category 4 storm
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Guy Carp appoints corporate finance MD
Paul Lumbis will have “a particular emphasis on mergers and acquisitions”
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Online onlySecond cat 5 hurricane “unprecedented”
This is an unprecedented season in which the first two hurricanes both reached maximum intensity, says RMS
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Minimal subprime exposure for Europeans
Fitch is confident that the risk to European insurers from the US subprime crisis in minimal
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Online onlyAnother cat 5 threatens Mexico
Hurricane Felix has intensified into a category 5 storm, with wind speeds up to 155mph
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S&P appoints new president
Rating agency denies Kathleen Corbet's resignation was due to global credit crisis
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OdysseyRe settles with Gulf Insurance
OdysseyRe has reached an out-of-court settlement with Gulf Insurance over a commutation dispute
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Ascot syndicate downgraded
AM Best has downgraded Syndicate 1414, managed by Ascot, to “A” from “A+”
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Guy Carpenter expands finance team
Paul Lumbis becomes managing director of corporate finance, Europe
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Marsh appoints business continuity consultant
Vince West has been appointed managing consultant within business continuity team
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Stable outlook for global reinsurance sector
Fitch maintains stable outlook, with life outlook more stable than non-life
