News – Page 320
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$960m cat bill plunges Everest Re into loss
Catastrophes push full-year loss ratio to 90.9%
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Catastrophes push RenRe into $92m loss
Reinsurer’s full-year combined ratio increased to 118.6%
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Aspen posts $106m loss for 2011
(Re)insurer anticipates $30m insurance hit from Costa Concordia
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Obama issues fresh threat to offshore reinsurers
2013 budget proposal denies tax breaks for certain reinsurance transactions
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Melia named head of Willis Re International
Long-standing executive to run broker’s non-US business
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Validus posts small profit after $634m cat bill
Chief executive Noonan praises performance in tough year
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Hannover Re predicts €600m 2011 profit
Reinsurer attributes improvement to investment income
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Former NY insurance regulator joins law firm
James Wrynn to head up Goldberg Segalla’s New York insurance practice
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News
Hurricanes and agriculture claims push Endurance to $93.7m loss
Bermudian reinsurer’s combined ratio deteriorated to 112.9% from 88.7%
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Flagstone loss estimates worsen by $50m-$55m
Thai floods will cost reinsurer between $13m and $18m
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Liberty launches cyber liability products
Oliver Brew is hired to head up the new product line
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SCOR renewal premiums up 14% as rates climb
Global reinsurer grows premium by 8.8% during 2011
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Cat bond issuance hits $4.3bn in 2011 - Willis
Active Q4 sees nine new bonds worth $2bn brought to market
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Cat losses push Axis into the red
Company reports an operating loss of $154m for 2011; cat losses creep up
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M6.7 quake strikes central Philippines
Strong shaking observed in Cebu; over 40 people dead