Wilton Re to Co-insure 50% of Block of Conseco Policies: Conseco Inc. said Wilton Reassurance Co. will pay a $45 million ceding commission to coinsure 50% of a block of policies written by Conseco's Bankers Life and ...
Date: 11/20/2009 Source: BestWire
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Japan's Toa Re Enters Cooperation Pact With China Re: Japan's Toa Reinsurance Co. Ltd. [85179] has teamed up with China Reinsurance Corp., China's state-owned reinsurer, for business cooperation in a bid to ...
Date: 11/19/2009 Source: BestWire
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Arch Re Announces New President, Other Changes: Arch Reinsurance Co., the U.S.-based subsidiary of worldwide insurer/reinsurer Arch Capital Group Ltd., has announced three top-level management changes. ...
Date: 11/17/2009 Source: BestWire
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Phoenix Reinsures Small Life Book With Swiss Re: Phoenix Cos. Inc. said it has reinsured a small block of in-force life insurance to Reassure America Life Insurance Co., a Swiss Re subsidiary.
Terms ...
Date: 11/17/2009 Source: BestWire
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Singapore's Regulator: Asia's Growth Potential Barely Tapped: Rapid economic growth and good long-term fundamentals in Asian markets are fueling reinsurance revenue and positioning the region as a key element in balancing ...
Date: 11/17/2009 Source: BestWire
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Ahead of Copenhagen, Reinsurers Put Climate Change Risk on Strategic Agenda: While the upcoming United Nations climate conference in Copenhagen will aim for a new treaty to replace the Kyoto Protocol of 1997, the reinsurance and ...
Date: 11/17/2009 Source: BestWire
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Torus Re To Write Casualty Treaty, Names New Underwriter: Torus Re, the reinsurance arm of global specialty insurer, Torus, will enter the casualty reinsurance treaty business with the appointment of David Whiting as ...
Date: 11/16/2009 Source: BestWire
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Key Brokers Support Lloyd's Exchange Service: Insurance brokers Aon Corp., Marsh Inc. and Willis Group said they are supporting the latest push by Lloyd's to modernize its insurance market. According to ...
Date: 11/16/2009 Source: BestWire
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WTC Settlement to Cost Scor 39 Million Euros: French reinsurer Scor has admitted defeat in its effort to challenge a settlement announced between the insurers of the World Trade Center and the property's ...
Date: 11/16/2009 Source: BestWire
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Finite's Fallout: New Disclosures, Fewer Takers: The use of finite reinsurance, the product that launched many headline-grabbing civil and criminal investigations into insurance companies a few years ago, has ...
Date: 11/16/2009 Source: BestWire
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Amid a Global Debate, Switzerland's Regulator Takes Action on Executive Compensation Reform: One of the hottest skirmish lines created by the global financial crisis is the question of compensation for the top executives of large financial firms. ...
Date: 11/16/2009 Source: BestWire
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BestWeek: Finite Re's Fallout: New Disclosures, Fewer Takers: The use of finite reinsurance, the product that launched many headline-grabbing civil and criminal investigations into insurance companies a few years ago, has ...
Date: 11/13/2009 Source: BestWire
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Allied World Opens Singapore Branch: Allied World Assurance Co. Ltd. [84808] has been cleared to launch a branch office in Singapore to conduct general insurance business operations.
The ...
Date: 11/13/2009 Source: BestWire
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Foresight on Reinsurance Rates Keeps Homeowners Choice Profitable, President Says: Homeowners Choice Inc. put its ear to the ground late last year and listened. What it heard, said company President Paresh Patel, was talk of a rise in ...
Date: 11/11/2009 Source: BestWire
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Aon Benfield: Lloyd's Capital Strengthened in First Half: As a result of an improved investment environment and the arrival of new capacity, Lloyd's capital position strengthened "significantly" in the first six ...
Date: 11/11/2009 Source: BestWire
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Scor to Merge London Offices: French reinsurer Scor said it would consolidate its three London offices into one.
The company said it is bringing together its property/casualty ...
Date: 11/11/2009 Source: BestWire
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Argo Group Hires Two Execs for Finance Team: Specialty insurer and reinsurer Argo Group International Holdings Ltd. said it's appointed two new executives to its finance division.
N. James Tees ...
Date: 11/10/2009 Source: BestWire
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Hiscox Reports 31.7% Rise in Nine-Month Premium Income: Specialist Bermuda-based Lloyd's insurer Hiscox Ltd. reported a 31.7% rise in premium income, to 1.21 billion pounds (1.35 billion euros), for the first nine ...
Date: 11/10/2009 Source: BestWire
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Organic Growth, Market Centralization Are Keys to Hannover Re's China Expansion: While some foreign insurers are seeking short-term growth opportunities through acquisitions in China, Hannover Re [85070] has implemented what it sees as a ...
Date: 11/10/2009 Source: BestWire
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Berkshire Hathaway Triples Third-Quarter Profit: Berkshire Hathaway Inc. said it tripled its third-quarter profit, to $3.24 billion from $1.06 billion during the same time a year ago.
The net ...
Date: 11/9/2009 Source: BestWire
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