News – Page 369
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Online onlyLloyd’s reveals new North America president
Hank Watkins was previously at Marsh and HRH
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Online onlyCat model spending on the rise
Companies are applying multiple cat models, but not always effectively
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Deutsche Ruck profits lower than expected
Outlook lowered to negative; 'A+' rating affirmed
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Hurricane Bill strengthens
Cat 3 hurricane expected to pass northeast of the northern Leeward Islands
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'Cloud computing' comes to life reinsurance
IT model, launched by Canada’s LOGiQ3, could replace traditional hosted infrastructures
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Online onlyHurricane Bill wheels towards Bermuda
First hurricane of the 2009 season reaches category 2 strength
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XL sidecar on negative outlook
Stoneheath Re ‘reliant on XL’ to provide significant proportion of preferred dividends via reinsurance
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Claudette makes landfall. Bill is coming.
Bill forceast to strengthen to cat 3 hurricane
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Tokio Marine looks to expand in India
Edelweiss Capital reportedly in talks for a life joint venture
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Nine dead after small aircraft crashes into helicopter
Seach continues for bodies in Hudson River, New York
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Online onlyUPDATE: Statement issued on behalf of Hank Greenberg
Read the statement in full, issued after conclusion of AIG fraud investigation.
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Online onlyHank Greenberg ‘in SEC settlement’
Colleague and former AIG finance officer, Howard Smith, ‘also settles’, says Wall Street Journal
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Online onlyHannover Re profits double in Q2
Reinsurance demand up; ING Life Re acquisition boosts GWP
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White Mountains bolsters its reinsurance business
Reorganisation sees Sirius subsidiary providing muscle for Bermuda business
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Ironshore creates separate energy property business
Primary and lower layers targeted with up to $10m capacity
