News – Page 281
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News
Aon Benfield launches Thai flood model
Model developed following record flood insurance loss in 2011
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News
USA braced for hurricane Sandy battering
Hurricane Sandy is a large extra-tropical cyclone; New Jersey landfall predicted
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American Financial Group hires Validus CFO
Jeff Consolino will remain on the Validus board
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Bermuda ILS fund to target Asian investors
Tokyo-based hedge fund manager behind the $40m fund
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Validus reveals Q3 profit of $207.3m
Results dented by $37.2m of cat losses; bolstered by reserve releases
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Analysis
EAIC Preview: Capacity returns to Asia
Overcapacity is once again a concern in the Asian reinsurance market
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Beazley launches Singapore reinsurance business
Former Allianz Re treaty underwriter Ben Liang to head up the new operation
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Sandy batters Jamaica and Cuba
Flooding remains a concern with six to 12 inches of rain forecast
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Aspen in $400m share buyback
Credits benign cat activity and price increases with profitable Q3
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Bumper quarter for Everest Re
Reinsurer outperforms despite $33.2m crop underwriting loss
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News
AIG’s Benmosche expects ratings upgrade
Chief executive argues the company is healthy after buying back $13bn of shares
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Flagstone sets date for EGM
The outcome of a proposed Validus takeover will be decided on 28 November
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News
Ace swings to profit despite crop claims
Notes ‘favourable’ P&C pricing trend and strong growth in Asia and Latin America
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News
Baden Baden: German renewal prices tipped to rise
Hannover Re unit predicts stronger reinsurance demand ahead of 1 January
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News
Aspen Re licenses China crop model
AIR model assesses the exposure from droughts, floods and typhoons
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News
Fitch affirms Malaysian Re 'A'
Limited geographical diversification and potential cat exposure constrains rating
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Analysis
Baden-Baden: Cat bond issuance on target for $6bn in 2012
Munich Re, Swiss Re and Scor issue $250m worth of bonds for USA and European windstorm