News – Page 394
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First Allianz cat bond for US hurricanes
Joint bookrunners Deutsche Bank and GC securities for $120m cat bond
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Bermuda poll highlights quiet concerns
PwC survey of island CEOs shows that many expect tough times ahead
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Nacional de Reaseguros upgraded
Spanish reinsurer gains 'A+' rating from S&P on “solid performance”
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Aon launches Qatar subsidiary
Authorities hail broker’s presence as an endorsement of regulatory standards
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Typhoon Fung-Wong kills two
$6m losses to agriculture in Tawain. Typhoon makes landfall in China.
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XL raises capital after SCA deal
Shares and securities issue could lead to affirmation of stable ratings - Fitch
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Hub International names brokerage president
Donn Vucovich joins from Navigant Consulting
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UPDATE: Typhoon Fung-Wong
Chinese authorities evacuate tens of thousands of people. Fung-Wong to make second landfall in Fujian Province as CAT 1 typhoon today.
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Gordon Brown to boost claims at Aon
Broker makes new appointments to manage hull and liability claims
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Typhoon Fung-Wong hits Taiwan
Wind speeds of 140 kmph. China very likely to be hit in 12 hours.
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Former banker to join Catlin board
Nicholas Lyons is currently non-exec chairman of Miller Insurance Services
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ERM improves outlook at African Re
S&P cites Nigerian company’s strong competitive position in African market
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Max Capital buys Imagine Lloyd's
Another Bermudan at Lloyd's. Deal is £11m cash plus replacing £90m debt.
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Dolly caused $350m-$700m losses - AIR estimate
Insured losses from hurricane now seem at low end, after Dolly kept north
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BarCap places £250m Zest notes
Non-collateralisation transaction for AEGON Scottish Equitable is rated A by Fitch