All Global Reinsurance articles in On-Line Archive – Page 252
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Online onlyBlock exemption edict expected on Monday
European Commission representative Eithne McCarthy to speak at insurance law event in London
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Online onlySwiss Re under review by AM Best
With negative implications; ratings reassessment will follow Berkshire Hathaway deal.
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Online onlyAIG 'price cutting' to be investigated
U.S. Government Accountability Office to review claims of "market distortions" in the U.S. property-casualty market.
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Online onlyMadoff's List revealed
List of thousands of customers of Bernard Madoff has been made public.
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AIG sells its Thai retail bank and card operations
Bank of Ayudhya in US$58.7m purchase of AIG Retail Bank and AIG Card (Thailand).
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Swiss Re ratings on S&P credit watch
Rating agency says reinsurers write-downs and need for new capital were ‘beyond expectations’
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Aspen net income down 78.8%
CR of 95.6% for 2008; capital position and business flows remain strong, says CEO
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Online onlyBuffett to invest CHF3bn in Swiss Re
Swiss Re shores up capital, expecting net loss for 2008 of CHF 1bn
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Munich Re: €100m profit in Q4 despite financial gloom
Reinsurance combined ratio of 99.5%; shorter-tail business has increased; 2008 profit of €1.5bn.
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Axis secures ratings increase
Standard and Poor's cites strong operating performance and moderate earnings volatility
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New Castle Re downgraded
AM Best reassesses company in run-off following sale of infrastructure and change in business profile
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Online onlyCayman insurance deputy joins Heritage
Dean Wickens will be part of the company’s expanding team in the Arabian Gulf
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Online onlyTysers launches marine cargo capability
Broker appoints Edward Page-Turner, formerly at Benfield and Marsh
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Online onlyUK snow caused by European low pressure
Significant disruption caused. 20% of workforce off work on Monday.
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New casualty division at Argo Re
Led by former XL executive Nigel Mortimer; Argo’s US president leaving in May.
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Mitsui Sumitomo opens in Qatar
Insurer receives QFC approval; expected to attract more Japanese companies to Qatar
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Hardy expects £170m GWP for 2008
Losses from Gustav and Ike revised down $23m to $17.6m. Rates up 5.2% at Jan 1 renewals.
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Transatlantic sees positives as income drops
Q4 income falls to $4.4m from $112.5m; renewals good despite concerns over AIG backing.
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AIG names vice chairman
Anastasia Kelly promoted from the role of executive vice president
