News – Page 491
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AIG launches predictive cat programme
AIG’s new product will attempt to identify hurricane property victims before a storm makes landfall
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Albert Lauper stands down as chairman of SIA
The Swiss Insurance Association has elected Erich Walser as its new chairman.
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Novae launches into the UK property market
Novae has entered the UK property market with the appointment of a leading underwriting team.
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Plumeri stresses commitment to China
Willis has won an exclusive oil platform contract and will increase its presence and brand in China, says Joe Plumeri
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Ironshore enters the Texas market
Ironshore has been deemed eligible as a surplus lines property casualty insurer in the State of Texas
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AIRMIC: Colin Campbell in pledge to spread risk understanding
New AIRMIC chairman makes risk communication his theme for the year
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Fitch assigns “A-” to Lloyd’s debt issue
Fitch has assigned an “A-” rating to Lloyd’s debt, issued to replace syndicate loans of £335m
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Airmic: Risk managers back 'claims paying' index
Risk managers have backed a willingness-to-pay index to be extended to reinsurers eventually
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Raft of senior hires for QBE US
Following the closing of its acquisitions of Praetorian and Winterthur US, QBE has announced several senior appointments
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Test reinsurers with federal charter, urges von Bomhard
CEOs at Standard & Poor’s annual insurance conference said the current reinsurance cycle was “an uphill battle”
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Munich Re places €1.5bn bond
Munich Re's latest captial raising exercise, as part of its Changing Gear programme, is a €1.5bn bond
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AIR updates US hurricane model
A new version of AIR’s US hurricane model includes research linking sea surface temperatures to landfall activity
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Climate change: Munich Re signs UN accord
Munich Re is a signatory to the joint declaration on climate change issued by the United Nations Environment Programme Finance Initiative
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AXA disposes of Dutch operations
AXA intends to sell off its Dutch operations and exit the market entirely due to limited opportunities
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AIRMIC: Fleming replaces Gamble in top job
Alan Fleming has replaced David Gamble as executive director of AIRMIC on an interim basis
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AXA units on negative watch after sale announcement
AXA's decision to sell off its Dutch entities for €1.75bn has led Moody's and Fitch to place them on negative watch
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Beazley launches new liability product
Beazley has launched a new worldwide public liability and employers’ liability product for the event industry
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LMA elects Catlin CEO as new chair
The Lloyd’s Market Association has elected Paul Jardine, chief executive of Catlin, as its new chairman
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CCR superior ratings affirmed
AM Best has affirmed the financial strength rating of A+ (superior) of French reinsurer Caisse Centrale de Reassurance
