Reinsurance
Rates remain stable
Our roundup of reader opinion reveals that reinsurance pricing continues to flatten and that the growing dichotomy between insurers and reinsurers, due to the effects of the global financial crisis on results, was perceived as the biggest development of…
Talbot adds two underwriters from Swiss Re
Validus' Lloyd's syndicate adds two underwriters from Swiss Re
Swiss Re, Scor in cat bond launches
Swiss Re and Scor launch Cat bonds.
Hannover Re to expand trade-credit and surety unit
Hannover Re is forecasting higher premiums and profit at its trade-credit and surety unit next year as the market rebounds from claims related to the global economic slump.
Perils launches Industry Loss Index Service for European windstorm events
The new service provides index values which can be used in industry-loss-based Insurance Linked Securities and Industry Loss Warranty transactions.
Liberty appoints international treaty underwriter
Shane Aldons takes up London-based post
CEA outlines key role for insurers in climate change debate
Report calls for long term, clesr and effective climate change strategy.
Atradius Trade Credit Insurance downgraded
AM Best turns gloomy on credit insurer
Max Capital opens Latin American business with XL hires
Bermudian reinsurer opens Latin American business with management from a major competitor
US committee approves bill to set up Federal Insurance Office
The US House Financial Services Committee voted today to approve a bill that for the first time would set up a federal government office to monitor the insurance industry, but not regulate it
Willis appoints new capital markets European MD
Willis has announced that Michiel Bakker has been appointed managing director and head of Europe for its Willis Capital Markets and Advisory unit
Insurers and reinsurers to continue recovery in 2010
Insurers and reinsurers to continue recuperating from the problems of 2008, according to Swiss Re.
Government again ducks question on EL bureau timescale
Lord McKenzie, however, said it wished to explore this option "in weeks", "not months".
Total catastrophe losses fall in 2009
The total cost of natural catastrophes and man-made disasters in 2009 fell to $52bn from $267bn in the 2008, a survey from Swiss Re has shown.
AIG lead insurer for Shanghai crash - sources
AIG was the lead insurer for the Shanghai plane crash that killed three and injured four more on 28 November, sources have told Reinsurance
Max, Harborpoint not in merger talks - sources
Bermudian reinsurers Max Capital and Harborpoint are not in merger talks, sources close to the situation told Reinsurance.
Euler Hermes expecting 'negligible' loss from Dubai World
Euler Hermes has played down predictions of massive losses from Dubai World collapse.
Former Heritage CFO resigns from Argo
Nick Denniston, former CFO at Heritage, is thought to be leaving the company.
Liberty appoints syndicate counsel
Legal expert Rachael Trist joins insurer
Aspen and Ariel said to be 'close to merger'
Bermudian rivals are close to merging, Reinsurance has learned.
Swiss Re says no 'significant' exposures to Dubai crisis
Swiss reinsurance giant says not badly exposed to collapse of Dubai World.