News – Page 465
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Atrium bid unconditional says Ariel
Bermuda start-up’s cash offer for Lloyd's insurer is unconditional
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US reinsurers' combined ratio improves in H1
A new survey reveals US reinsurers reported a combined ratio of 90% for the first half of 2007
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Miller expands risk team
Victoria Barrett becomes associate director of the professional risk team, joining from Integro
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Disappointing H1 for Paris Re
Kyrill and June floods in UK impact results; net income and GWP down
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Lloyd's helps establish new peace fund
Gives £50k to help develop fund to aid peace building by promoting best business practice
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Insurers' investments on solid ground
S&P maintains its stable outlook on US P/C industry despite subprime exposures
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Validus removed from negative review
Successful Talbot acquisition and capital raising sees ratings affirmed
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New VPs for Transatlantic Re
Transatlantic Re has announced the election of a number of senior officers.
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Oxygen acquires Lloyd’s broker
Oxygen completes acquisition of live event insurance specialist Robertson Taylor
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LeBoeuf Lamb to merge with Dewey Ballantine
Merger will create Dewey & LeBoeuf, a law firm with revenues approaching $1bn
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Scor net income leaps 77% to €181m
Revios acquisition sees life premiums rocket by 124%; Converium buyout is complete
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Moody’s: European insurers stable despite challenges
A new report shows European insurers had stable ratings in the first half of 2007 despite the sub-prime crisis and adverse weather events
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THB acquires e-learning specialist
Cardinus acquisition strengthens THB's risk management capabilities
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Partner Re Europe assigned “AA-” rating
S&P’s rating action reflects Partner Re Europe’s “core and integral part of PRE’s competitive position”
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Novae appoint underwriting director
Bill Edrich appointed underwriting director of Novae’s insurance company
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Max Capital’s ratings affirmed
Fitch has affirmed the “A-” rating of the company and the “A” ratings of its subsidiaries
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Converium profits up 58% despite storm losses
Acquired reinsurer is "successful in capturing the momentum following the restoration of its “A-” rating"
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WR Berkley appoints new risk subsidiary president
WR Berkley names Robert Standen as president of Key Risk subsidiaries