Reinsurance
Fitch downgrades SCA to junk status
Fitch Ratings has downgraded the insurer financial strength (IFS) ratings of Bermudian (re) insurer ...
A bunch of frauds?
Dear friend, I suppose I'd better try and explain this month's intriguing front cover. It all start...
Space claims are out of this world
Space claims are estimated to reach $835m for 2007, prompting insurers to re-assess their premium ra...
Marsh brokered Burma aviation business into London
Following an exhaustive investigation by Alexander Ferguson click through for an exclusive report.
Harbor Point eyes Omega purchase
Bermudian (re)insurer Harbor Point may have Lloyd's insurer Omega in its sights, sources have told R...
Arch and Gulf Investment Corporation launch Gulf Re
Bermudian (re)insurer Arch Capital and the Gulf Investment Corporation (GIC) said at the World Insur...
Benfield confirms job cuts on the way
Some of Benfield's £15m proposed cost savings will come in the form of job cuts, confirmed the reins...
Flagstone to acquire 65% share of Imperial Re
Bermudian class of 2005 start-up (re)insurer Flagstone Re has announced that it is to buy 65% of Sou...
Diary - April 2008
Re-sume
Exchange agreement is signed
Bermuda-headquartered (re)insurance group White Mountains has signed an exchange agreement with Berk...
Ironshore launches healthcare division
Ironshore has announced it is entering the healthcare liability sector with the launch of Ironhealth...
XL Capital names Michael McGavick as chief executive
Michael McGavick is due to join beleaguered Bermudian (re)insurer XL Capital on 1 May, replacing Bri...
Emma costs from EUR300m to EUR1.5bn
Windstorm Emma is thought to have cost insurers between EUR300m and EUR1.5bn, modeling groups Risk M...
Recruitment moves
Re-sume
The greatest show on reinsurance earth
World Insurance Forum
$3.1bn decrease for US property-casualty
A group of 20 US property-casualty (re)insurers wrote $22.7bn in net premium in 2007 marking a decre...
To Paris, and back
After a long chat with Hans Peter Gerhardt of Paris Re, we had much to report
Finch buys Hampshire broker
Finch has made its first foray into the Hampshire insurance market with the purchase of Liphook-based broker Ashcombe Border Insurance Brokers.
Tawa says 2007 pretax profits jump to $48m
Tawa Group the UK-quoted consolidator of non-life insurance run-off, said that full-year profit before tax and discontinued operations jumped to $48m from $5.1m a year earlier.
Tawa set to acquire PXRE today
UK-listed non life run-off consolidator Tawa has received regulatory approval to acquire PXRE Reinsurance company.
Aspen launches Lloyd's platform
Bermuda-based (re)insurer Aspen has been granted approval to establish a new Lloyd’s syndicate.