All Online only articles – Page 124
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New reinsurer formed after GMAC Re buyout
Maiden Re created following Maiden Holdings purchase of GMAC reinsurance arm
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Trust Re outlook changed to positive
Bahrain-based company demonstrated improved ERM, says Standard and Poor’s
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Arig reports $10.8m net loss
Bahrain-based reinsurer suffered as a result of investment losses
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Insurers ‘offer lower risk than banks’
Moody’s snapshot survey discloses investors’ perceptions of (re)insurance
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EU Commission ‘unconvinced’ on block exemptions
Spokeswoman says insurers have ‘failed to make a case’ for continued competition waivers beyond 2010
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Munich Re creates board position for life re
Joachim Wenning appointed to the role. Move reflects increased focus on life reinsurance.
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Brit Insurance appoints portfolio director
Stephen Moss will look after long tail business
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Protective responds to downgrades
Company issues statement after Moody's and Fitch downgrade its insurance financial strength rating
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Beazley completes Momentum buy
Acquisition supported by set up of two new Lloyd’s syndicates. Chris Branch now runs Beazley Accident & Life division.
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Allco collapses
Australian finance house that once tried to take over Quantas goes into receivership
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HCC results hit by Gustav and Ike
HCC exits equity investments, including hedge funds and alternative investments, and reinvests in fixed income
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Hannover Re reports Q3 loss
395 million euro net loss, but could break even in the fourth quarter.
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Swiss Re net loss of CHF304m in Q3
Net claims from hurricane Ike revised up from $250m to $315m
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U.S. must maintain Fannie and Freddie guarantees, says Bernanke
Fed chairman says that U.S. backing for government sponsored entites Fannie Mae and Freddie Mac must stand firm
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Market is hardening says Benfield
Study confirms carriers are offsetting hurricane and investment losses