News – Page 462
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Subprime exposure sees sidecar downgraded
Fitch has downgraded Scottish Re sidecar Ballantyne Re
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Fitow losses will not exceed $1bn
Typhoon expected to weaken as it passes through northern Japan
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AM Best affirms Munich Re A+ rating
One-off tax windfall of €400m should compensate for Kyrill
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Seventh storm forms off US coast
Tropical Storm Gabrielle not predicted to become hurricane
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Endurance makes $120m acquisition
ARMtech acquisition gives Bermudian foothold in crop insurance market
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Guy Carp forms cargo modelling team
New report addresses issue of unknown cargo accumulation
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Hannover Re sees premiums falling
Hannover Re expects reinsurance premiums to drop in the upcoming round of contract renewal
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Bright future for Bermudian reinsurers
Moody's assigns stable outlook to Bermuda market reflecting robust balance sheets
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Catlin H1 profits hit by Wellington costs
Catlin's income fell to $190m for the first half of the year due to acquisition costs and UK flood losses
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Catastrophe rates down 6% in 2007
Guy Carpenter's new study finds the catastrophe reinsurance market stabilising
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Swiss Re in African farmer innovation
Weather derivative contracts to protect smallholder farmers
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AM Best affirms Brit ratings
Brit's ratings "continue to reflect its excellent profile in London and the wider UK market"
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Endurance expands healthcare division to US
Kimberly Willis joins from Berkley as senior vice president and will oversee US healthcare operation