All Regions LIVE articles – Page 19
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XL comments on Merrill Lynch lawsuit
Merrill Lynch is suing XL Capital Assurance and not XL Capital, contrary to "erroneous" reports
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AIG settles in Pennsylvania probe
AIG has reached a settlement with the Pennsylvania Insurance Department relating to the investigation into the affairs of the company and its subsidiaries.
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AnalysisAll eyes on the Gulf
Conferences in Qatar and Dubai highlight growing reinsurance opportunities
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Online onlyGulf reinsurer launched by Arch and GIC
Gulf Re, a reinsurer based in the Gulf Cooperation Council region, has been launched by Arch Capital and Gulf Investment Corporation at the World Insurance Forum in Dubai.
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AnalysisSwiss Re enters Brazil
Swiss Re will operate as an admitted reinsurer in the Brazilian market with a representative office in São Paulo.
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Online onlyBrit's Gibraltar reinsurer opens for business
Rockhampton Insurance will write some £60m of reinsurance business this year
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Online onlyRecord results for Hannover Re
German reinsurer sees profits surge by 42.6% despite a drop in premiums
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Eliot Spitzer in prostitution scandal
The man who outlawed contingent commissions issues a public apology for hiring a prostitute
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Berkshire to sell White Mountains stake
WTM will transfer certain runoff units and $751m in cash to Berkshire Hathaway
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White Mountains ratings unaffected by Berkshire deal
Berkshire will exchange its 16.3% stake in White Mountains for 100% of a WTM subsidiary
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Underwriting Risk Services launches Italian operation
Talbot Risk Services Italia will trade as a Lloyd's coverholder under the auspices of URSL
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Swiss Re: Nat cats on the rise
Catastrophes cost $70bn in economic losses and $28bn in insured losses in 2007
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Amlin Bermuda to replace underwriter
Rob Wyatt will replace John Andrews as underwriting director before 2009
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Subprime sees Ballantyne Re downgraded again
Scottish Re's sidecar is downgraded and placed on rating watch negative; significant subprime exposures warns Fitch
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Online onlyBrit profits and premiums up in 2007
“Brit is built to weather storms and is positioned for outperformance,” says Douetil
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Features
The truth about diversification
After Hurricane Katrina and her sisters wrought their destruction in 2005 the Bermuda monoline business model was never going to look good. Two and a half years on, Lee Coppack asks if diversification is all it’s cracked up to be.
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Investment Analysis
Banging the drum for Bermuda
The absence of major catastrophe losses has meant another fantastic year for most Bermuda players. Investors should remain bullish despite softening reinsurance rates, argues Lindsey Rogerson.
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Features
Black gold rush
There is a rush on. In case anyone failed to notice – reinsurance companies are scrabbling to set up shop in the Middle East. Mairi Mallon reports.
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Features
When politics and insurance clash
Allstate in the dock, insurance pools with negative equity and a federal catastrophe backstop in the offing. With election fever in the air, Ronald Gift Mullins looks at an increasingly politicised US insurance market.
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GR Focus
Counting the cost
With the cost of red tape leaping a dramatic £10bn to £66bn a year in the UK alone, a new Norton Rose survey reveals how insurers and reinsurers really feel about regulation. James Bateson reports.
