All Online only articles – Page 216
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Cat 5 Dean blasts into Mexico
Hurricane Dean has slammed into Mexico’s Yucatan Peninsula as a violent category 5 storm
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Munich Re joins UN initiative
Global Compact initiative promotes human rights and environmental standards
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S&P: testing times ahead for GMIs
GMIs face a challenging second half of the year in the face of a flagging p/c market, according to a new report by S&P
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JLT hires Japanese construction expert
Nobuyuki Akahane joins broker from Marubeni Corporation
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New CEO for Willis Minnesota
Alan Thomas joins Willis from Wells Fargo Insurance Services
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SCOR gets clean bill of health
Converium ratings upgraded to “A-” and SCOR removed from negative watch
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Korean Re in Asian expansion plans
Reinsurer plans to acquire 10%-20% of primary Asian insurers
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New takaful company for Qatar
The Qatar General Insurance and Reinsurance Company launches new offering
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Cat market quiet as Dean approaches Mexico
Dean is expected to have a limited impact on the ILW market as it misses US
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XL ratings affirmed
S&P affirm XL’s ratings, with a stable outlook, but this is partially offset by “inconsistent earnings performance”
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Peru quake losses should not exceed $1bn
Low residential insurance uptake means losses from quake unlikely to exceed $1bn, says AIR
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Subprime collapse ups liability claims risk
D&O and E&O costs could rise as a results of the US sub-prime crisis, warns Marsh
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Hiscox reports record half-year results
Insurer increases profits by 72.1%, GWP rises 17%
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Munich Re buys stop loss insurer
German reinsurer increases stake in Cairnstone from 25% to 100%
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$2bn losses expected as Dean batters Jamaica
Cat 5 Hurricane Dean is expected to intensify as it heads towards Cayman
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QBE reveals 56% profit increase
H1 results up to a record $921m; no exposure to sub-prime crisis
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Scottish Re North America CEO steps down
Scottish Re North America president and CEO Cliff Wagner leaves the company; Goldean steps in
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ACE declares quarterly dividend
ACE has declared a quarterly dividend of 27 cents per ordinary share