News – Page 524
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Argonaut outlook revised to negative
S&P has revised its oulook from stable to positive after the announcement that it is to merge with PXRE
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Ernst & Young and CII join forces
Ernst & Young and the CII have announced a new collaboration to help serve the underwriting community
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Willis announces accelerated buyback of $50m
Willis has announced a $50m accelerated stock repurchase of shares owned by KBW as part of a bigger buyback programme
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Lloyd's China gets stamp of approval
Lloyd’s has announced that it has received the formal licence document from the Chinese regulators to begin operations for its new reinsurance company in Shanghai, Lloyd’s Reinsurance Company China.The licence, approved by the Chinese Insurance Regulatory Commission (CIRC), will enable Lloyd’s to underwrite onshore reinsurance business throughout China. It will ...
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CLIMATE CHANGE 2007: "Florida Re" not a climate change solution
The insurance and reinsurnace industry will continue to cover catastrophes, despite climate change fears
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Swiss Re to form Luxembourg entities
In anticipation of the European Reinsurance Directive, Swiss Re will adapt its legal structure
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ACE appoints new SVP
ACE has announced the appointment of Robert Gaffney, senior vice president, to lead ACE's newly-formed global services unit. In this new position, Gaffney will be responsible for overseeing the delivery of ACE products and services through ACE's global network of offices. Gaffney rejoins ACE from Liberty Mutual Alternative Markets, where ...
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CLIMATE CHANGE 2007: Sweeping change needed, says Meacher
The UK must undergo a change in mindset at all levels that “has to be so sweeping as to be breathtaking" to tackle climate change
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S&P: Ratings unchanged on Swiss Re EU subsidiaries
S&P's ratings and outlooks on the European subsidiaries of Swiss Re remain unchanged following today's announcement
