News – Page 495

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Earthquake hits Japan

2007-07-16T11:33:00Z

No calm after storm, as fatal earthquake strikes Japan days after being battered by typhoon
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ERM “developing” in Europe

2007-07-16T10:36:00Z

On the back of the recent Solvency II framework directive, insurers showing greater interest in enterprise risk management
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Odyssey Re expands credit facility

2007-07-16T09:58:00Z

Company announces five-year, $200 million credit facility
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Tawa to IPO

2007-07-16T09:45:00Z

Listing would value company at around £150m, according to reports.
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Guy Carpenter announces new appointment

2007-07-16T09:41:00Z

Simon Welton brought in to strengthen retrocessional practice
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Triomphe Re rated

2007-07-16T09:23:00Z

Moody's rates senior secured credit facilities from Paris Re sidecar
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Liberty appoints energy manager

2007-07-16T09:00:00Z

Ray Miller joins from XL and has also worked for ACE and AIG
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Hector Sants appointed CEO of FSA

2007-07-13T10:13:00Z

Sants, currently managing director of wholesale and institutional markets at FSA, replaces John Tiner
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GLM Pool solvent scheme gets go ahead

2007-07-13T10:00:00Z

Solvent scheme of arrangement sanctioned by High Court on 9 July
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IPO values Paris Re at €1.6bn

2007-07-13T09:20:00Z

Company announces shares will have an offer price of €19.35
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Castlepoint removed from negative review

2007-07-13T08:08:00Z

Best affirms "A-" rating and assigns stable outlook
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Japanese islands battered by typhoon

2007-07-13T07:02:00Z

Typhoon Man-yi not expected to threaten mainland Japan though
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Lloyd’s syndicate awarded positive outlook

2007-07-13T07:00:00Z

Positive outlook for syndicate 3000 reflects good profitability
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ACE goes Latin

2007-07-13T07:00:00Z

Ace expands into Peru with the launch of ACE Seguros
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Lloyd's releases wordings repository

2007-07-12T16:33:00Z

Lloyd’s to offer LMA wordings repository to whole market
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QBE buys two Swiss motor insurers

2007-07-12T16:30:00Z

The acquisitions will be merged to form QBE Switzerland, which will launch in 2008
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Catlin expands US portfolio

2007-07-12T16:30:00Z

Catlin US announces new team to underwrite range of equine business
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Marsh unable to sue poached executives

2007-07-12T13:22:00Z

The Court of Appeal in London has ruled that Marsh cannot sue three former GC Fac executives in New York
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Farmers in unique $500m deal with Swiss Re

2007-07-12T12:08:00Z

Farmers Insurance Group has entered into a $500m committed capital facility with Swiss Re to cover US cat losses
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Ratings boost for Allianz

2007-07-12T10:45:00Z

Improved ratings for Allianz partially offset by weak capitalisation