News – Page 363
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Online onlyAM Best positive on Arch’s A rating
Rating agency praises (re)insurer’s performance, capital and risk management
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Online onlyCyclone Yasi intensifies to cat 4 storm
Bureau of Meteorology says "cyclone poses a serious threat to north Queensland communities"
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Online onlyArgo Financial Products coverted to Lloyd's consortium
Group capacity now up to £20m line size per account
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Online onlyPartnerRe announces initial Australia flood losses
Reinsurer treating flooding as at least two events
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Online onlyCyclone Yasi threatens QLD
Major cities of Cairns, Townsville, Mackay and Innisfail have been warned
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Online onlyEndurance repurchases 7m shares
Aggregate repurchase price for shares and options is $321.5m
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Online onlyFlagstone Re: US renewal pricing down 8%
Market had pushed the prices down to reduce overcapacity
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Online onlyCat bond issuance may hit $6bn this year
Munich Re expects market to attract new investors
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Online onlyTowers Watson hires Aon Benfield broker
John Tyszkiewicz joins broker's North American reinsurance business
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Online onlyQLD flood losses still uncertain for reinsurers
Policy wording regarding flooding versus flash flooding will reduce claims for insurers
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Online onlyInsurers told to develop standard flood clause in Australia
All households to be given access to insurance or face government intervention
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Online onlyReinsurers to be hit by flood claims
12,000 cubic metres per second expected to flow from Brisbane River
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Online onlyNew York cuts Hannover’s collateral requirement
Second US state recognises firm as ‘eligible reinsurer’
