BestWeek: Though Industry Balance Sheets Are Healthy, Challenges Abound, Best's Special Report Says: The global reinsurance sector should remain profitable in 2008, though A.M. Best believes results will reflect more accurately market trends as margins are ...
Date: 9/5/2008 Source: BestWire
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Ireland’s International Nonlife Reinsurers List Premiums: Ireland’s international nonlife insurance and reinsurance sector took in more than 22 billion euros (17.7 billion pounds) in gross written premiums in 2007, ...
Date: 9/5/2008 Source: BestWire
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Storms, Both Natural and Economic, on Rendez-Vous Agenda: As the annual Monte Carlo Rendez-Vous revs up, the global reinsurance industry will have a host of issues consider, from hurricanes to capital ...
Date: 9/5/2008 Source: BestWire
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Brazilians Bring a Message of Welcome to London Reinsurers: Brazil, which is the process of opening up its reinsurance market, offers strong prospects to the London market, Maria Elena Bidino, director of institutional ...
Date: 9/5/2008 Source: BestWire
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Max Capital Group Hires New Chief Risk Officer: Kevin Werle has been named executive vice president and chief risk officer for Max Capital Group Ltd.
Werle, 45, will assume his new posts with ...
Date: 9/4/2008 Source: BestWire
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Daybook for Friday, Sept. 5, 2008: Rendez-Vous de Septembre Comes to Monaco: The Rendez-Vous de Septembre, the annual summit of global insurers, reinsurers and brokers, opens at the Place du Casino in Monte Carlo, Monaco. The conference ...
Date: 9/4/2008 Source: BestWire
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Aon's Construction Group Names New Executive V.P.: Aon Corp. has named Karen Mildenhall executive vice president for the company's construction services group.
Mildenhall takes up her new post with the ...
Date: 9/4/2008 Source: BestWire
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Axis Specialty Gets Singapore Regulatory Approval: Axis Specialty Ltd., the Bermuda-based subsidiary of Axis Capital Holdings Ltd., has received regulatory approval from the Monetary Authority of Singapore to ...
Date: 9/4/2008 Source: BestWire
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CIFG Is Latest Bond Insurer to Unwind CDO Exposures: CIFG Holding Ltd. is the latest financial guaranty insurer to reach agreement with its counterparties to restructure its guaranties of troubled collateralized ...
Date: 9/3/2008 Source: BestWire
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For Max Capital, Long-Term Nature and Mix of Lloyd's Insurers' Book Was Main Attraction: Bermuda-based Max Capital considered eight other Lloyd's acquisition targets in the past year before settling on Imagine Group (UK) Ltd. in July, Max Capital's ...
Date: 9/3/2008 Source: BestWire
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Endurance's London Office Lands New Reinsurance, Underwriting Chief: Specialty insurer Endurance Specialty Holdings Ltd. has named Lauren Kent as the senior underwriting manager and head of reinsurance for its global insurance ...
Date: 9/3/2008 Source: BestWire
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Daybook for Thursday, Sept. 4, 2008: Keefe, Bruyette & Woods to Wrap Up Investors Conference: New York-based securities brokerage and investment bank Keefe, Bruyette & Woods hosts the second and final day of its 2008 Investors Conference. The broker ...
Date: 9/3/2008 Source: BestWire
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Ireland's Insurance Regulator Reports Fall in 2007 Insurance Net Underwriting Profit: Insurance companies operating in Ireland produced an overall net underwriting profit of 704 million euros (572.7 million pounds) in 2007, down from 718 million ...
Date: 9/3/2008 Source: BestWire
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Monetary Controls, Volatile Stock Market Put China Re's IPO on Hold: China Reinsurance Group has slowed down its initial public offering due to volatile capital markets and tighter monetary control by China's insurance ...
Date: 9/3/2008 Source: BestWire
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U.S. P/C Reinsurers Continue to See Deterioration in Underwriting Results: Policyholder surplus generated by U.S.-based property/casualty reinsurers in the first half of this year is slightly below the 2007 level, while net premiums ...
Date: 9/2/2008 Source: BestWire
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Great Wall Life Approved for Tianjin Branch: Great Wall Life Insurance Co. Ltd., a Beijing-based life and nonlife insurer, was granted permission to open a branch in the northeastern city of ...
Date: 9/2/2008 Source: BestWire
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Manulife-Sinochem Won the Approval of Reinsurance Operations: Manulife-Sinochem Life Insurance Co. Ltd., the first Sino-foreign life insurance joint venture in China, won approval to operate reinsurance businesses with ...
Date: 9/2/2008 Source: BestWire
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China Insurance Seeks Expansion as First-Half Profit Falls 21.95%: China Insurance International Holdings Co. Ltd., an insurance conglomerate incorporated and headquartered in Hong Kong, said its unaudited first-half net ...
Date: 9/1/2008 Source: BestWire
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A Whole Lot of 'Champagne' Money Brings Aon and Benfield Together At Last: London-based reinsurance broker Benfield has walked the aisle a number of times, but only now managed to reach the altar. It’s an unlikely romance, worth ...
Date: 9/1/2008 Source: BestWire
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Paris Re First-Half Profit up 32.3%: Switzerland-based reinsurer Paris Re said it made a profit of $150.6 million (102.7 million euros) for the first half of 2008, up 32.3% on the $113.8 million ...
Date: 9/1/2008 Source: BestWire
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