All Run-off articles – Page 6

  • Online only

    New board members at ARC

    2007-07-16T12:15:00Z

    ARC welcomes new members to the board, whilst bidding farewell to deputy chairman

  • Online only

    Tawa to IPO

    2007-07-16T09:45:00Z

    Listing would value company at around £150m, according to reports.

  • Online only

    GLM Pool solvent scheme gets go ahead

    2007-07-13T10:00:00Z

    Solvent scheme of arrangement sanctioned by High Court on 9 July

  • Online only

    Scottish Re hit by further departures

    2007-07-10T08:15:00Z

    Scottish Re Group has announced the departure of Nathan Gemmiti, senior vice president and general counsel

  • Online only

    Scottish Re hires interim chief accounting officer

    2007-07-09T08:08:00Z

    Scottish Re has named Duncan Hayward chief accounting officer while it continues to search for a permanent CFO

  • Online only

    AXA RE downgraded; outlook negative

    2007-07-04T08:00:00Z

    AM Best has downgraded the ratings of AXA RE and revised its outlook to negative from stable

  • Online only

    Employers Re regains "A-" rating

    2007-06-14T08:10:00Z

    AM Best has upgraded Employers Reassurance Corporation to “A-” from “B++” citing the support from its parent company GE

  • Online only

    Hard market reduces syndicate run-off

    2007-06-13T14:57:00Z

    The current hard market has seen a drop in the number of Lloyd’s syndicates going into run-off

  • Features

    The value of run-off ratings

    2007-06-08T00:00:00Z

    One of the biggest announcements at this year’s ARC Congress in London came from Standard & Poor’s, which announced it would be offering a ratings service to the run-off industry. But what is the actual value of run-off ratings, asks Helen Yates, and will it be welcomed by the industry?

  • Supplements

    Participants

    2007-06-08T00:00:00Z

    Rhydian Williams(Chair) Head of Pools, Security & Insolvencies, Resolute Management Services (Equitas)Lee BrandonCEO, PRO Insurance SolutionsPeter HartleySenior Manager, Spectrum Syndicate ManagementPeter HughesDirector, Standard & Poor’sSean McDermottDirector, Quest GroupBeth ReesTechnical

  • Investment Analysis

    Investment: Is run-off now sexy?

    2007-06-08T00:00:00Z

    National Indemnity’s deal with Equitas has breathed life into the run-off industry and roused interest from a whole new generation of investors. Lindsey Rogerson takes stock.

  • GR Focus

    Exiting Bermuda style

    2007-06-08T00:00:00Z

    With so many adolescent players, Bermuda is not an obvious centre for discontinued business. But Katrina provided some highly-visible run-off activity, which illustrates the market’s growing sophistication, explains Charles Thresh

  • GR Focus

    Preventing scheme attacks

    2007-06-08T00:00:00Z

    Non-US schemes of arrangement are increasingly vulnerable to attack from US cedants, via Chapter 15 of the US Bankruptcy Code. Selinda Melnik offers some advice for scheme success

  • GR Focus

    Coming of age

    2007-06-08T00:00:00Z

    The Equitas deal has thrust run-off into the international limelight and thrown open a door of possibilities. Philip Grant explores how legacy management came of age

  • Supplements

    Roundtable 4

    2007-06-08T00:00:00Z

    Nick Stimpson: The consolidation side of it is an inevitable consequence of a developing and evolving market in a sense. With products being as they are in the market, I think there will be more consolidation over time because I suspect that pressures will be brought to bear on them. It will be

  • Supplements

    Roundtable Part 3

    2007-06-08T00:00:00Z

    Tom Riddell:?There are two ways to look at it though. I do not believe schemes are the solution for companies with a really high credit rating and a direct book. I think schemes are fine for reinsurance books, and for companies with a low credit rating. Schemes are something which the creditor base

  • Supplements

    Roundtable Part 2

    2007-06-08T00:00:00Z

    Maik Wandres: I agree. I do not see anything wrong with it. I would almost call it “capital recycling” because that will certainly be an issue and come to people’s attention under Solvency II by 2010. In the UK, the individual capital adequacy standards have had a big impact in boardrooms over the

  • Supplements

    Roundtable Part 1

    2007-06-08T00:00:00Z

    Rhydian Williams: Good morning and welcome to the Global Reinsurance London Market Run-off Roundtable. Certainly, run-off’s profile today is bigger than ten years ago. It is clearly in the market and growing. Is it expanding, or is it simply that the boundaries are being redefined? If it is

  • Supplements

    Run-off revival - Introduction

    2007-06-08T00:00:00Z

    Slowly but surely the ingrained prejudices about run-off are changing. This sizable and increasingly profitable business is no longer viewed as a “dead industry” but as a lucrative and innovative sector, which is attracting the keen attention of savvy investors.

  • Online only

    Alea shareholders urged to accept takeover bid

    2007-06-01T08:36:00Z

    Independent directors are urging Alea shareholders to accept the acquisition bid by FIN Acquisition