News – Page 356
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Torus enters financial lines market
London-based unit will write international D&O, PI and others
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Ironpro in tie-up with JLT Facilities
Joint initiative will provide legal liability coverage
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Online onlyLiberty Syndicates in space deal with Intelsat
Satellites agreement provides mutual advantage in underwriting and consulting
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Munich Re America rebrands
Company to be known as Munich Re; sharpens brand positioning strategy
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Online onlyReinsurance rates still softening at April 1 renewals
Aon Benfield reports level to declining cedant demand; non-peak zone cat losses have no pricing impact.
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Online onlyReinsurance rates continue to dip at April 1 renewals
However, Guy Carpenter says several US business lines showed no signs of impact by Q1 catastrophe activity
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Online onlyCrawford creates London desk for Chile claims
Claims manager and loss adjuster says additional resource was required for high level of earthquake claims activity in London market
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Online onlyCatastrophe claims to hit reinsurers’ Q1 figures hardest: Willis Re
Broker says $16bn losses makes first quarter "worst ever" for natural peril losses
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Online onlyMarsh unveils new CEO of Latin America and Caribbean
Ricardo Brockmann to replace the departing Thomaz Menezes
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Online onlyEIF: 'Size matters', says Parter Re's Miranthis
Soft market will drive M&A according to Costas Miranthis at European Insurance Forum
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Online onlyEIF: Lloyd's McGovern warns on Solvency II
McGovern says insurers outside EU should not be complacent
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Online onlySwiss Re places additional $120m into cat bond
First cat bond to use PERILS index for European windstorm losses
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Online onlyAspen has $75-115m catastrophe loss
Losses mainly from Chile earthquake reinsurance claims
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Japan P&C insurers still negative
Moody’s says outlook affected by economic pressures in the domestic market
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Aspen Re looking to advance Middle East links
Joint venture a possibility for Bermuda reinsurer
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Online onlyEnergy insurance capacity hits ten-year high - Willis
Brokers are using actuarial modelling to help buyers take advantage of a more competitive market, says Willis
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Online onlyArgo expects Q1 catastrophe losses to reach $35m
Argo reveals preliminary loss estimates for earthquakes in Chile and Haiti and Windstorm Xynthia
