News – Page 296
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NewsUSA braced for hurricane Sandy battering
Hurricane Sandy is a large extra-tropical cyclone; New Jersey landfall predicted
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Online onlyAmerican Financial Group hires Validus CFO
Jeff Consolino will remain on the Validus board
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Online onlyBermuda ILS fund to target Asian investors
Tokyo-based hedge fund manager behind the $40m fund
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Online onlyValidus reveals Q3 profit of $207.3m
Results dented by $37.2m of cat losses; bolstered by reserve releases
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AnalysisEAIC Preview: Capacity returns to Asia
Overcapacity is once again a concern in the Asian reinsurance market
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Online onlyBeazley launches Singapore reinsurance business
Former Allianz Re treaty underwriter Ben Liang to head up the new operation
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Online onlySandy batters Jamaica and Cuba
Flooding remains a concern with six to 12 inches of rain forecast
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Online onlyAspen in $400m share buyback
Credits benign cat activity and price increases with profitable Q3
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Online onlyBumper quarter for Everest Re
Reinsurer outperforms despite $33.2m crop underwriting loss
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NewsAIG’s Benmosche expects ratings upgrade
Chief executive argues the company is healthy after buying back $13bn of shares
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Online onlyFlagstone sets date for EGM
The outcome of a proposed Validus takeover will be decided on 28 November
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NewsAce swings to profit despite crop claims
Notes ‘favourable’ P&C pricing trend and strong growth in Asia and Latin America
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NewsBaden Baden: German renewal prices tipped to rise
Hannover Re unit predicts stronger reinsurance demand ahead of 1 January
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NewsAspen Re licenses China crop model
AIR model assesses the exposure from droughts, floods and typhoons
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NewsFitch affirms Malaysian Re 'A'
Limited geographical diversification and potential cat exposure constrains rating
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AnalysisBaden-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
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NewsAllianz appoints financial product head
Vagenende to focus on product development and policy forms
