News – Page 393
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Online onlyHurricane Bill wheels towards Bermuda
First hurricane of the 2009 season reaches category 2 strength
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XL sidecar on negative outlook
Stoneheath Re ‘reliant on XL’ to provide significant proportion of preferred dividends via reinsurance
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Claudette makes landfall. Bill is coming.
Bill forceast to strengthen to cat 3 hurricane
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Tokio Marine looks to expand in India
Edelweiss Capital reportedly in talks for a life joint venture
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Nine dead after small aircraft crashes into helicopter
Seach continues for bodies in Hudson River, New York
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Online onlyUPDATE: Statement issued on behalf of Hank Greenberg
Read the statement in full, issued after conclusion of AIG fraud investigation.
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Online onlyHank Greenberg ‘in SEC settlement’
Colleague and former AIG finance officer, Howard Smith, ‘also settles’, says Wall Street Journal
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Online onlyHannover Re profits double in Q2
Reinsurance demand up; ING Life Re acquisition boosts GWP
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White Mountains bolsters its reinsurance business
Reorganisation sees Sirius subsidiary providing muscle for Bermuda business
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Ironshore creates separate energy property business
Primary and lower layers targeted with up to $10m capacity
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Online onlyUS reinsurance tax bill branded ‘anti-consumer’
Coalition for Competitive Insurance Rates lobbies congress prior to hearings on protectionist legislation
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IFEX lists new futures contracts
New eastern seaboard and US north east wind futures have more trigger levels
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Swiss Re and Guy Carp close $200m cat bond
Collective pool in the US taps capital markets for hurricane risk
