News – Page 487
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Credit Suisse firm licenses AIR model
Financial institution will use model to manage cat bond risk
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Karen Clark unveils new company
Karen Clark & Company to offer modelling consultancy services
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Reinsurance sector outlook revised to stable
Best revises negative outlook from two years ago
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Online onlyFlood exposures hit Flagstone results
Flagstone announces new sidecar deal as flood losses see its Q2 profits dip dramatically
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Allianz profits up 17.7%
Operating profit up 17.7% to €3.3bn, although net income was down slightly
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No affect from Scottish Re delay
The delay in ratings will not affect results, unless it is over “a protracted timeframe”, says S&P
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Newly public Validus sees premiums grow
Validus saw net written premiums increase 100.2% in the second quarter of 2007
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Endurance announces share dividend
Company announces share dividend of $0.25 per ordinary share and $0.484375 per series A preferred share
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Berkley to establish reinsurance branch in Australia
Company will set up casualty facultative and treaty reinsurance branch in Sydney
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Online onlyBromley's Aon role confirmed
Geoff Bromley has left Guy Carpenter to join Aon Re Global as vice chairman
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Online onlyMiller welcomes new addition to consulting team
Peter Le Vey joins company as director of its energy business
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White Mountains expands team
Dwight Evans joins as EVP and president and CEO of underwriting subsidiary
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Brit expands UK division with double appointment
Brit UK welcomes two new portfolio managers who join from Zurich
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Scottish Re delays results filing
Scottish Re is delaying the release of its half year and second quarter results
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New appointment at ACE
Edward Levin to become executive vice president, international accident and health
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Everest Re names new president
Everest Re has promoted Daryl Bradley to president of its US insurance arm
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Max Capital announces new $600m credit facility
Max capital and Max Bermuda enter into agreement with the Bank of America
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AWAC reports mixed bag of Q2 results
Strong Q2 operating income undermined by 4.7% decrease in premiums for half year
