News – Page 366
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Online onlyBaden-Baden: Inflation ‘a threat to reinsurer profits’
Towers Perrin warns that 3% inflation means a $1m claim could leap to $1.113m
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Online onlyBaden-Baden: Tough lessons learnt in financial crisis
Ernst & Young report says insurers have made clear changes
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Online onlyBaden-Baden: Solvency II ‘biggest challenge’ for European insurers
Munich Re highlights the need for primary insurers to regain their capital strength
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Online onlyBaden-Baden: ‘Capital creativity’ emerges
Symposium reveals key financial factors in advance of European reinsurance renewals
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Online onlyCooper Gay acquires reinsurance broker
Argentine expansion as Guillermo Pastore divests majority stake
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Deutsche Bank agrees to buy ABN AMRO assets
Deal clears way for merger of ABN AMRO and Fortis
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Online onlyAustralian bushfire season begins
Fires threaten Rockhampton and small towns in New South Wales
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Validus ‘not keeping any IPC underwriters’
'We have offered IPC staff very generous severance packages'
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Tropical Storm Rick heads for Baja California
Winds decrease to 65mph. Further weakening expected.
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Typhoon Lupit could strike Philippines this week
Lupit forecast to weaken from Cat 3 to Cat 1 at landfall
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Run-off industry unveils dispute resolution ideas
Fixed fees and a single arbitrator are included in a new standard procedure compiled by AIRROC
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AIG sells Taiwan life unit
$2.15 bn sale to new firm set up by Robert Morse and China Strategic Holdings
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The Philippines counts the cost of Ketsana and Parma
650 dead, $237m damage to crops and farmland, $103m to roads and bridges, after typhoons
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AnalysisInsurers disappointed by European BER proposals
Commission refuses to budge on excluding standard policy clauses
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Melor losses $850m-$1.5bn, says AIR
Cool water and strong wind shear weakened Melor from Cat 5 to Cat 1
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Typhoon Melor strikes Japan
Two killed, thousands leave homes. Melor now heading east of Japan
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$200m loan for Amlin Bermuda
Syndicated loan maturing 2012 via Lloyds TSB and Royal Bank of Scotland
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Online only'Humbling' experience for Ward
Lloyd’s CEO leads charity campaign to support local communities and fundraising groups
