News – Page 406
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KPMG appoints insurance solutions director
Barry Gale has specialised in insolvency and reorganisation in insurance
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Gustav was no Katrina
Loss estimates revised down, as modeling firms count the cost of Hurricane Gustav.
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New risks as Gustav makes landfall
AIR Worldwide: Category 3 hurricane threatens oil fields west of New Orleans
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Deja-vu at Monte Carlo
As Gustav strikes, world's reinsurance industry meets. Will this year's Monte Carlo Rendez-Vous be a replay of 2005?
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$10-30bn losses from Gustav predicted
Gustav to strike New Orleans later today. Dangerous storm surge expected.
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Gustav to strike New Orleans today
CAT 3 hurricane on track for New Orleans. Dangerous storm surge of 10 to 14 feet above normal predicted.
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Marsh considers rival bid for Benfield
Newspaper reports say MMC could offer 40% premium on share price
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Allianz sells Dresdner Bank to Commerzbank
Job cuts to follow. Allianz to become largest shareholder in Commerzbank.
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Gustav could break levees again
Damage to offshore platforms could reach $7bn in insured loss say RMS
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China Re to push forward IPO plan
Asia’s largest reinsurer ‘set for more acquisitions’, says chairman
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Fitch issues US P&C mid-year review
Reinsurers avoided significant cat losses and posted the strongest results
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FGIC-MBIA reinsurance deal under the spotlight
Moody’s says both companies have large exposures to mortgage-related risks
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QBE ratings affirmed
AM Best: strong pre-tax profit consolidated by combined ratio of 85-90%
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Hanna forms. Gustav intensifies.
Gustav could strike US Gulf coast on Tuesday as a CAT 2 or 3 hurricane. Hanna could strike by the end of next week.
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AM Best affirms General Re ratings
Superior ratings reflect support of its ultimate parent company Berkshire Hathaway
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$184bn bonds reinsured
Upfront premium of $741m for MBIA on FGIC portfolio of public bonds
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Willis launches South African M&A practice
Office will support the growth in private equity and transaction activity
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Online onlyAllianz China Life given reinsurance approval
Regulatory commission says transactions with parent company may be conducted until the end of 2008
