All Online only articles – Page 117
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Carvill’s US staff ‘taking accounts with them’
Individual brokers preparing for new roles at other companies as Carvill winds up
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Investment losses hit Max's 2008 figures
Net operating loss estimated at $2.65-$3.00 per share. Investment losses offset good underwriting results.
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Tropical cyclone Dominic to strike Australia
Dominic could strike the north coast of Western Australia with Tropical Storm force
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Scottish Re (US) downgraded
Moody’s action follows news that Hannover Re will buy a portion of Scottish Re’s business
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New president for Aegon Americas
Mark Mullin, a 22-year veteran of Aegon, was formerly executive vice president for Aegon USA
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Three Japanese insurers to merge
New largest non-life insurer in Japan to be formed by Mitsui Sumitomo, Aioi Insurance and Nissay Dowa
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PartnerRe expects $2.1bn of renewal business
Figure relates to non-life business – 60-65% is thought to have been renewed
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Online onlyHannover Re buys life portfolio from Scottish Re
$1.2 bn per annum portfolio makes Hannover Re fifth-biggest individual life reinsurer in the US.
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Online onlyValidus raises Ike estimates by 40%
Hurricane now estimate to have cost the company $235m instead of $165m
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Online onlyBids for AIA expected within weeks
AIG expects bids for American International Assurance towards the end of February, according to report
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Arch Capital Group expands underwriting platform
Arch Re Europe launched; Lloyd's managing agent and syndicate planned
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Catlin to form US casualty fac reinsurance unit
New product will be distributed exclusively through reinsurance intermediaries
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Transatlantic Re downgraded
S&P: concerns over AIG’s stake and inability to meet performance expectations
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State Farm terminates contract with Satyam
Insurer ends outsourcing contract with troubled Indian software services company.
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Online onlyObama sworn in as President
"We must pick ourselves up, dust ourselves off, and begin again the work of remaking America," he says in inauguration address.
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Citadel in run-off deal with Arthur J Gallagher
Run-off specialist ‘ecstatic’ after creating a run-off sector for the reinsurance intermediary market
