News – Page 401
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Munich Re highlights climate change opportunities
Company says it is leading projects which counter global warming
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AIG in reinsurance deal with Buffett
Berkshire Hathaway will reinsure AIG’s property insurance subsidiary.
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AIG used emergency exception
AIG explains why shareholder approval not obtained for government bailout
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Hagupit estimate $100m-$250m
AIR estimates insured losses to onshore properties in China from Typhoon Hagupit
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Rates: the market starts to turn
Reinsurance prices ‘already rising’. Market ‘underestimated global financial problems’
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Airline insurance market hardens
Aon’s Airline Insurance Market Indicators Autumn 2008 shows more difficult times ahead as the renewal season approaches
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Wall Street bail-out plan still not agreed
US president and Congressional leaders to meet later today after failure to agree on $700bn rescue package
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SwissRe safe in storm
Reinsurance giant has taken steps to reduce its exposure to corporate bonds and equities.
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Nat cat swap privately placed by Aon
Bucking the trend to indemnity triggers, Aon's recent transaction used a parametric trigger
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Hagupit hits south China
Mass evacuations in Guangdong as "worst storm in decade" arrives
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Buffett to invest $5bn in Goldman
Sumitomo Mitsui Financial Group also tipped as an investor
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AIG releases details of $85bn bank deal
Agreement involves a two-year credit facility with the Federal Reserve Bank of New York
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Aon places first WindX transaction
Parametric index deal provides coverage based on wind speed
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Typhoon Hagupit kills 3 in the Philippines
HK braces for strong winds. Taiwan unscathed.
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Tawa posts results after PXRE Re US buyout
Run-off specialist says its profits are down, but assets have risen
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Lawyer promoted to Glacier's top table
Michel Brunner becomes chief administration officer at the (re)insurance company
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Typhoon Hagupit heads for S China
CAT 2 typhoon expected to weaken and make landfall in Guangdong on 24 September.