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Reinsurance

AM Best affirms QBE Europe's rating as "A"

AM Best Europe has affirmed the financial strength ratings of A (Excellent) and the issuer credit ratings (ICR) of “a+” of QBE Insurance (Europe) (United Kingdom), QBE Insurance (International) Limited (Australia) and QBE Reinsurance (Europe) Limited …

Legal: Deafening whispers

Potentially massive claims related to financial products and major economic events such as the Madoff case and the collapse of Lehman Brothers indicate that reinsurance should brace itself for an upturn in disputes, writes Michael Lum

News analysis: H1 reinsurer results slump

Bermudan reinsurers recorded huge drops in profits following heavy claims from the catastrophes experienced in the first half of the year, though elsewhere some reinsurers fared better, writes Katherine Blackler.

GC files against Lockton Re

Guy Carpenter has filed a suit in a bid to recoup brokerage fees after clients followed an employee to Lockton Re. The action follows disputed brokerage fees for placing reinsurance coverage.

Neal Bill opposition grows

Opposition to the bill proposed in the US congress by senator Richard Neal has continued to grow this month, with the CEA and German government both voicing opposition.

Aon Benfield ILS benchmarker

Aon Benfield Securities has launched an insurance-linked securities (ILS) benchmarking tool, Aon Benfield ILS Indices, which provides a quantitative view of ILS returns since December 2000.

Ironshore enters space market

Ironshore's aviation division has entered into a treaty reinsurance programme with the Starr Group to provide protection against commercial satellite risks. The global space insurance programme provides coverage for satellite launch insurance and in…

Scor reports 19% growth

Property and casualty and specialty treaty renewals at end of June have resulted in premium growth of 19% at constant exchange rates, while fully respecting the technical underwriting profitability criteria.

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