News – Page 404
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Storm-insured volumes ‘to double by 2018’
AIR analysis also found insured value of US coastal property grew by 7% pa
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AIG ousts Sullivan; names new CEO
Chairman Robert Willumstad will "lead AIG through today's turbulent markets"
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NY and German regulators sign MoU
Cooperation agreement will form a basis for future consultation and coordination
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California ends bogus re schemes
State supervisor Poizner clamps down on captive kickbacks and fines offending firm
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Kroll founder leaves MMC
Jules Kroll will retire from MMC in July after 35 years to focus on higher education
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CEA elects new president
Swedish former CEO, Tommy Persson, will lead European insurance and reinsurance federation
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Saudi Arabia posts 24% market growth
Regulator’s annual report names health insurance as fastest-growing sector
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Law firms face increasing liability claims
Marsh warns that economic downturn points to greater need for professional indemnity cover
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Generali Life Re ratings affirmed
AM Best cites strong capitalisation and market position for US subsidiary
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US law firm grows reinsurance team
Harry Cohen and Rodney Zerbe join Crowell & Moring from rival companies
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AM Best affirms Ocaso ratings
Reinsurer is said to have superior risk-based capitalisation and strong business profile
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Brit welcomes AM Best affirmation
"Our ‘A’ rating is important to our brand", says CEO Douetil
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Best: Aspen Specialty Insurance under review
Rating actions reflect the uncertainty surrounding ASIC’s ultimate role in the US
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Guy Carp names Mango chief actuary
Previously, Mango was the head of Guy Carpenter’s enterprise risk management advisory practice group
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S&P: 2008 will test global multi-line insurers
Intense competition and volatile capital markets will make it difficult to achieve top-line growth and profitability
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PPPs a good solution as cat losses rise - Swiss Re
Public private initiatives could ease the burden on poorer nations as climate change and population growth see losses rise
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Bond insurer downgrades cause fund volatility
The fund credit quality ratings on nine fixed-income funds have been adjusted, reveals S&P
