News – Page 534
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Tawa acquires and renames CMS
Tawa UK has bought run-off insurer Continental Management Services, and renamed it KX Re
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Lloyd's: Emerging risks impeding business development
Increased concerns at board level regarding terrorism is causing businesses to avoid investing in politically sensitive areas
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Travelers and Longpoint Re in cat bond programme
Travelers has announced the establishment of a multi-year catastrophe bond programme.
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New general counsel for Zurich
Zurich has announced Reto Schiltknecht as group general counsel
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Atos pilots new electronic trading platform
Atos Origin is piloting a new electronic trading platform in the London market.
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Swiss Re reports 54% jump in Q1 earnings
Swiss Re recorded earnings of CHF1.3bn in Q1 2007
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New CEO for Gen Re Life
Steven Mannik has been named president and chief executive officer of General Re Life.
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Max Re confirms name change
Max Re has announced that the company has changed its name from Max Re Capital to Max Capital Group
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Max Capital reports "strong start" to 2007
Max Capital has reported net income for the three months ended 31 March 2007 of $80m
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AIR collaborates on Ren Re hurricane project
AIR has announced that it has collaborated on the “RenaissanceRe Wall of Wind” hurricane simulator.
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Management changes at Towers Perrin
Towers Perrin has announced that Robert Hogan has been appointed chief operating officer
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Best upgrades Scottish Re to "B+"
AM Best has upgraded the financial strength rating to “B+” (Good) of Scottish Re
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Arch launches new risk product
Arch Insurance has announced it is offering a new product for private companies.
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Munich Re plans €8bn shareholder payout
Despite losses from Winter Storm Kyrill, Munich Re remains confident about hitting its targets for the year
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Glacier Re outlook revised due to ERM efforts
AM Best has revised the outlook on Glacier Re from negative to stable due to effective enterprise risk management
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Flagstone raises $173m in IPO
Flagstone underwriters exercised their over-allotment option when the company went public in March
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Collins launches ART advisory unit
Collins Capital Advisors will assist re/insurers with investment banking advice and capital markets expertise
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Munich ratings unaffected by €8bn buyback initiative
Munich Re's plans to return more than €8bn to shareholders will have no immediate impact on ratings
