News – Page 368
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Swiss Re hopes to regain ground
Reinsurance giant points to its increased capacity and potentially favourable market as reasons for optimism
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CEOs show united front in Monte Carlo
Leading reinsurers form Global Reinsurance Forum to lobby decision makers on regulation, solvency and tax
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Looking forward to Monte Carlo 2009
Reinsurance industry gets together for annual Rendez-Vous
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Storm Erika weakens in Caribbean
Tropical Storm Erika is fifth named Atlantic storm of 2009; AIR says Pacific storm Jimena could hit Mexican east coast at hurricane strength.
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California wildfire: firefighters make dramatic gains
‘Station Fire’ has consumed 92 homes and buildings; containment expected by Tuesday September 8.
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Indonesia earthquake was magnitude 7.0
44 known fatalities, hundreds of homes buried by landslides; Tsunami warning withdrawn.
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Aon Benfield to unveil Solvency II product
S2Metrica, a financial analysis tool, will be launched at the Monte Carlo Rendez-Vous
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Reinsurers ‘may struggle’ for new capital post-cat
Fitch says global outlook remains negative; ‘heightened vulnerability’ for reinsurance
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Tom Gallagher to retire from Everest Re
Chief underwriting officer and former COO is praised for his leadership
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Hurricane Jimena weakens
Hurricane approaching Baja California drops in strength. Tropical Storm Erika could near Northern Leeward Islands.
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Hannover Re in $60m ILS fac deal
Innovative capital market transaction covering facultative risks is executed
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JLT Re appoints treaty re leader
Dan Collins joins Chicago Office as senior vice president
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£100m revolver closed for Xchanging
Lloyds TSB, Barclays Capital, HSBC, DBS Bank and RBS in loan syndication
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Fourth named storm will skirt US east coast
Tropical Storm Danny will follow similar path to Hurricane Bill
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Triglav Re ratings rise on change of group status
Slovenian reinsurer rated as 'A' by Standard and Poor’s
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Minster creditors meeting delayed by court
Minority of policyholders represented by Covington delay scheme of arrangement
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ACE creates power business position
David Jones takes new role within property and casualty division
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Beazley considers Lloyd’s sidecar
The company wants to capitalise on its position in treaty reinsurance