News – Page 303
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Hurricane Isaac insurance bill to top $1.5bn
Onshore insured losses expected to range between $500m and $1.5bn
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Novae FD exits to join clearing house
Oliver Corbett will join LCH.Clearnet on 1 December
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News
Suncorp profits climb 38% in 2012
Chief executive Snowball hails insurer’s successful transformation
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Flagstone completes sale of Lloyd's unit to ANV
Company releases $159m letter of credit backing its Lloyd’s underwriting
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Canopius completes Omega takeover
Transaction finalised by receipt of Bermuda certificate
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QBE subsidiary pressed to cut Florida rates by 36%
Praetorian’s request for 2.2% rate cut declined by regulator
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Chaucer appoints head of catastrophe risk
Barter moves from ACE European Group to Chaucer
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Validus gains Florida capital break
Bermudian reinsurer is the 20th company to be granted a reduced capital rate in the state
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Strong quake rocks Russia's east coast
Magnitude 7.5 earthquake strikes to the north of Japan
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NAIC chief Terri Vaughan to step down next year
NAIC to conduct search for replacement later this year
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AIR adds builder's risk capability to US cat models
Version 14 of CLASIC/2 estimates hurricane and earthquake damage to buildings under construction