Reinsurance
Merger madness
After a trip to Bermuda, the Reinsurance team talk mergers and acquisitions. The latest blog-re available now.
New York regulators raise questions about Moody's
New York regulators have raised questions about ratings agency Moody's, a report from Reuters has said.
Former Swiss Re exec goes to investment company
Former Swiss Re Capital Markets MD Al Selius goes to head up Securis Investment Partners' New York office.
RFIB unveils new brand identity
New look for broker as it moves offices
Ex-Heritage underwriters to form Lloyd’s syndicate operating from January
Four former Heritage underwriters, including former active underwriter Nick Jones, are to form a new Lloyd’s non-marine syndicate, sources have told Reinsurance.
Ace appoints North American property head
Ace appoints Paul McNamee to new role.
Non-domestic reinsurers still battling it out for Brazilian market share
With the federally-controlled Brasil-IRB Re still dominating the market, non-domestic reinsurers are still battling it out for market share, a senior reinsurance lawyer has told a conference in New York.
Bermudian insurer in potential payout over Willis settlement
Bermudian (re)insurer XL may have to pay out up to $50m to cover E&O insurance costs for Willis' settlement with CNA, Reinsurance has learned.
JLT, Beazley team up for E&O program
JLT and Beazley expanding to offer consultant’s E&O program to additional classes of business.
Ironshore establishes energy casualty unit
Bermudian (re)insurer establishes energy casualty division
AM Best upbeat on Arab Re
Arab Reinsurance Company sees its outlook upped to positive by AM Best.
Fitch gloomy on Novae
Novae's outlook downgraded by US ratings agency
80% of insurer execs expect drop in UK insurer numbers unless government takes action
ABI director general Stephen Haddrill outlines proposals to boost competitiveness.
XL Capital CFO to leave
Chief financial officer Brian Nocco tenders his resignation.
California fire loss from Station fire around $40m
California fire loss from Station fire around $40m, First American has said.
Brazil exits recession
Brazil has exited the recession, with it’s economy expanding 1.9% in the second quarter of this year.
Four underwriters made redundant by Validus named
Reinsurance has found out the names of the former IPC Re senior underwriters made redundant by Validus.
Towers Perrin announces appointments from Swiss Re and Banc of America Securities
James Doona and Rick Miller appointed senior vice presidents for Towers Perrin Capital Markets.
Monte Carlo madness
Rumors at the Rendez-vous. The latest blog-re available now.
IPC underwriters made redundant by Validus
IPC underwriters told they are surplus to requirements by Validus
RSA rejects redomicile move to launch Irish reinsurance arm
Move follows discussions with government.
In Bruges
Eric Alexander previews the annual conference of the International Union of Marine Insurance, set to take place in Bruges next week, highlighting the stark contrast with the situation marine underwriters were in last year.