All the headlines from our Reinsurance Topic Page, ordered by recency.
Apr 18 2005 // CHICAGO–Five words summed up the mood at this year’s Professional Liability Underwriting Society’s medical symposium: “The crisis aspect is over.”Thus spake Howard Friedman, chief financial...
Apr 18 2005 // GAO Study Explores Examples of How Public-Private Insurance Partnerships OperateA new U.S. government report indicates that the private U.S. insurance industry would be placed under enormous strain without government...
Apr 18 2005 // CHICAGO–Five words summed up the mood at this year’s Professional Liability Un-derwriting Society’s medical symposium: “The crisis aspect is over.”Thus spake Howard Friedman, chief financial...
Apr 18 2005 // Five words summed up the mood at this year’s Professional Liability Underwriting Society’s medical symposium: “The crisis aspect is over.”Thus spoke Howard Friedman, chief financial officer at...
Apr 18 2005 // New York Attorney General Eliot Spitzer reassured the business world and those affiliated with American International Group that criminal charges are not likely to flow from his department’s continuing investigations...
Apr 15 2005 // Fitch Ratings announced that it has assigned an insurer financial strength (IFS) rating of ‘AAA’ to Assured Guaranty Corp. (AGC). Along with its affiliate company Assured Guaranty Re International (AGR), whose...
Apr 15 2005 // The waters of the finite reinsurance ocean continue to roil, as the Australian Prudential Regulation Authority (APRA) announced that it has launched an investigation into “certain reinsurance practices”...
Apr 14 2005 // The Catastrophe Risk Exchange International Inc. (CATEX), a provider of web-based trading and back-office services to the international insurance and reinsurance market, announced that JLT Risk Solutions (Bermuda) Ltd., a...
Apr 14 2005 // Three days before he resigned as head of American International Group Inc., Maurice ‘”Hank” Greenberg gave his wife 41.4 million of his shares in the insurance company, according to a regulatory...
Apr 13 2005 // French insurer Axa has reportedly been contacted by The New York Attorney General’s Office and the U.S. Securities and Exchange Commission regarding prior transactions its reinsurance body had with bond insurer...
Apr 12 2005 // On the day when billionaire investor Warren Buffett was interviewed by investigators and said he told them everything he knew, Maurice Greenberg, former chairman of American International Group, revealed that he would not...
Apr 12 2005 // GE Insurance Solutions announced that Tim Madden has joined the company as leader of its North American brokered reinsurance business. Madden will report to Ken Brandt, business leader of North America and Asia Pacific...
Apr 11 2005 // Two months before the study is expected to be done, the property casualty insurance industry is getting nervous about a study on terrorism insurance being conducted by the Treasury Department, a study some in Congress are...
Apr 10 2005 // New York Attorney General Eliot Spitzer said he disagrees with former CEO Maurice Greenberg’s attorney that accounting mistakes at American International Group were insignificant in their impact.Spitzer also...
Apr 8 2005 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) and assigned an issuer credit rating of “a-” to Central Reinsurance Corporation (Central Re) (Taiwan)....
Apr 7 2005 // A.M. Best Co. announced that it has affirmed the financial strength ratings of “A” (Excellent) and the issuer credit ratings of “a” of the operating companies of Germany’s GE Frankona Group....
Apr 7 2005 // A.M. Best Co. has assigned a financial strength rating of B++ (Very Good) to Malayan Insurance Company Inc. (MICO) (Philippines). The outlook is stable.The rating reflects MICO’s excellent capitalization, leading...
Apr 6 2005 // The investigative earthquake that has shaken American International Group to its foundations reached into another part of the empire on Tuesday, April 5, with the announcement that former AIG Chairman and CEO Maurice R....
Apr 6 2005 // The Association of Professional Insurance Women has selected Marsha Cohen to be its 2005 Insurance Woman of the Year. Cohen represents the Reinsurance Association of America where she is senior vice president for state...
Apr 5 2005 // Standard & Poor’s Ratings Services announced that it has lowered its counterparty credit and financial strength ratings on Employers Reinsurance Corp. and affiliated insurance/reinsurance entities (collectively...