News – Page 286
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Online onlyGlobal Aerospace drops downgraded Mapfre
Spanish reinsurer’s paper may still be used in Latin America
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Online onlySava Re gains AM Best A- rating
Slovenian reinsurer’s international book focuses on Asian business
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Online onlyJLT predicts lower reinsurance profit
Broker blames cedant retentions but sees strong growth in emerging markets
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Online onlyFitch: Indonesian insurers on stable
Sustained growth and strengthening regulation drive favourable outlook
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Online onlyChina commercial premiums grow 32% in a decade
Emerging markets driving commercial insurance premium growth
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Online onlyAlterra expects up to $37.5m cat loss for Q3
Losses estimated from Hurricane Isaac and US drought
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Online onlySpain's Mapfre loses A- rating after sovereign downgrade
Becomes the latest reinsurer to be downgraded by S&P following sovereign down rating
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Online onlyS&P downgrades Spain's Nacional de Reaseguros
Negative outlook as country risk increases
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Online onlyPartnerRe expects $63m hit from US drought
Charge to affect reinsurer’s third-quarter results
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Online onlyLloyd's insurer Argenta promotes two underwriters
Barney Smythe named power and utilities underwriter and Joanne Reynolds cargo and specie underwriter
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Online onlyCat bond investor Nephila names new partner
David Oliveira promoted after six years at firm
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Online onlyBMS hires Lockton Re broker for New York office
Joe Zuk joins BMS’s reinsurance property and casualty team
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Online onlyAM Best cuts Milli Re rating to B+
Downgrade prompted by 43% drop in Turkish reinsurer’s capital
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NewsFirst private cat bond listing goes live in Channel Islands
Solidum Re Eiger IC Ltd launches $52.5m bond
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Online onlyJLT Re North America hires ex-Willis Re broker
Brad Lew joins broker’s new US West Coast office
