All Online only articles – Page 159
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UPDATE: More than 7,000 dead in China earthquake
Rescue efforts continue following 7.8-magnitude quake in Sichuan province
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CEA and ACLI call for EU/US insurance forum
Joint message prior to 13 May Transatlantic Economic Council meeting
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AIG on review for downgrade - Moody's
The review process could lead to a rating downgrade of one or two notches, said Moody's
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Aon Re Global buys Peruvian broker
Cosegur Re is the largest reinsurance intermediary in Peru
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S&P takes rating actions on 17 cat bonds
Actions reflect the revision of the default table used to rate insurance-linked securitisations
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Benfield opens office in Puerto Rico
Andres Piccinoni has been appointed as the chief executive officer of Benfield Puerto Rico
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S&P: AIG ratings downgraded after $7.8bn loss
The level of losses exceeds expectations; outlook is likely to remain negative after $12.5bn capital raise
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AIG reveals $7.8bn loss in Q1
Ailing insurer plans to raise $12.5bn “to fortify its balance sheet”
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Munich Re Q1 profits take a tumble
The quarter was characterised by "a random cluster of major losses" and investment writedowns
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Asia Capital Re launches retakaful company
The venture with Khazanah Nasional Bhd and Dubai Banking Group will be the world's largest retakaful company
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S&P withdraws ratings for Hiscox sidecar
Hiscox announced it would be terminating its relationship with its sidecar last year
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Solvency II impact ‘greater than credit crunch’
S&P report predicts tough choices for 25% of European insurers
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Max Capital records drop in Q1 income
Earnings fall despite 43% jump in gross written premiums
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Scor reveals 63% boost in net income
Its non-life combined ratio was 98.8% due to “above average” natural catastrophe activity
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CastlePoint profits grow in Q1
Net earned premiums increased 115.5% to $100.4m in the first quarter of 2008
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Max Capital elects new director
James MacNaughton recently retired from Rothschild, where he served as a senior advisor
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Ambac outlines recovery plan
Despite challenging conditions, the monoline is “committed to achieving stable ratings”
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Validus launches Miami-based Latin insurer
Validus Reaseguros will specifically target the Latin American and Caribbean markets
