News – Page 365
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Navigant to close insurance division
Positions of a number of staff in UK and US affected
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Transatlantic Holdings issues $350m corporate bond
Goldman Sachs and Wells Fargo Securities are bond underwriters
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Ironshore in aviation tie-up with Starr
Gerald Frick appointed to develop aviation relationships after 40 years at Marsh
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Flagstone in market with $120m cat bond
Goldman Sachs and Aon Benfield joint underwriters on Montana Re
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Olson becomes CEO of Arch Reinsurance (U.S.)
Rathgeber becomes Vice Chairman of Arch Worldwide Reinsurance Group
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Lightyear may invest in insurance
Private equity firm sees opportunities for acquistions in the sector
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R&Q counts the cost of court judgment
R&Q "disappointed" in the court's decision in Equitas v Brandywine. Counter-claim possible.
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Ida moves slowly towards Gulf coast
Tropical Storm weakens. Some loss of production in Gulf.
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Don’t panic – VAT might be coming to reinsurance
A court has decided Swiss Re was liable for VAT on reinsurance portfolio transfers made in 2002
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Baden-Baden: Tokio Millennium Re expands business lines
Bermuda-based subsidiary will provide proportional and per risk property coverage
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GR Focus
View from the ramparts
Battle lines are drawn in the bid to tax foreign reinsurers in the USA. David Banks assesses the battlefield from the opposing front lines.
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Baden-Baden: Swiss Re appeals for continuity
Reinsurer asks clients to ‘maintain relationships’
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Baden-Baden: Hannover Re points to mixed picture in 2010
Reinsurer expects largely stable prices for upcoming January treaty renewals in Germany