Reinsurance
Insurer American Keystone shut down
American Keystone placed into receivership with the Florida Department of Financial Services and will be liquidated after the company’s latest financials were insufficient to buy reinsurance, regulators said.
PICC raises $732m
PICC Property & Casualty, China's largest non-life insurer in terms of premiums, has completed the issuance of RMB 5bn worth of ten-year subordinated bonds (circa $732m).
Aegon gets $650m boost
Dutch insurer Aegon has made $650m in regulatory capital available to its US operations by tapping future life insurance profits in a 10-year reinsurance transaction with JPMorgan Chase.
Third quarter Cat bond activity up -Guy Carpenter
Third quarter Catastrophe bond issuance is up, according to Guy Carpenter
Hannover Re gets China license
Hannover Re has received approval to open a branch in Shanghai for non-life reinsurance.
The full Monte
The 2009 Reinsurance/PricewaterhouseCoopers roundtable lunch saw some good-natured sparring between friends and rivals over the hot topics of the day - from the problems thrown up by AIG's troubles to Solvency II and US cage-rattling over Bermuda.
Missing the boat
Reinsurers have so far failed to appreciate the opportunity that regulatory reform is presenting them with, writes James Vickers
Hot climate
Our roundup of reader opinion shows rates are flattening, the economic crisis hasn't dampened your appetite for a new job and climate change is creeping up the agenda.
Reader survey 2009
Katherine Blackler outlines what you think of Reinsurance magazine and our online service.
Rendez-vous round-up
The news from this year's Monte Carlo event.
The Weekly: Lessons from 9/11
The Weekly: Lessons from 9/11