News – Page 344
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Online onlyHannover Re predicts €600m 2011 profit
Reinsurer attributes improvement to investment income
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Online onlyFormer NY insurance regulator joins law firm
James Wrynn to head up Goldberg Segalla’s New York insurance practice
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NewsHurricanes and agriculture claims push Endurance to $93.7m loss
Bermudian reinsurer’s combined ratio deteriorated to 112.9% from 88.7%
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Online onlyFlagstone loss estimates worsen by $50m-$55m
Thai floods will cost reinsurer between $13m and $18m
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Online onlyLiberty launches cyber liability products
Oliver Brew is hired to head up the new product line
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Online onlySCOR renewal premiums up 14% as rates climb
Global reinsurer grows premium by 8.8% during 2011
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Online onlyCat bond issuance hits $4.3bn in 2011 - Willis
Active Q4 sees nine new bonds worth $2bn brought to market
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Online onlyCat losses push Axis into the red
Company reports an operating loss of $154m for 2011; cat losses creep up
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Online onlyM6.7 quake strikes central Philippines
Strong shaking observed in Cebu; over 40 people dead
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Online onlyAxis Re names new chief executive
John “Jay” Nichols is former president of RenaissanceRe Ventures
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Online onlyWhite Mountains gets results boost from units’ sale
Sirius breaks even despite cat losses in 2011
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Online onlyAM Best upgrades Validus Re rating
Bermudian insurer has received A rating after strong results in 2011
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Online onlyEQECAT disputes Tokyo quake prediction
Risk modeller finds “significant uncertainty” in research institute’s estimates
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NewsValidus expects Costa Concordia loss of up to $65m
Estimate based on industry-wide loss of $845m-$950m
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