All the headlines from our Reinsurance Topic Page, ordered by recency.
Dec 16 2004 // Guy Carpenter & Company, Inc., a global risk and reinsurance specialist and a part of the Marsh & McLennan Companies, has published a “Disclosure Doctrine” for treaty placements globally. The new...
Dec 15 2004 // Wisdom International Corporation, a diversified holding company based in Salt Lake City, Utah, announced today that it has reached an agreement to purchase the remaining ownership shares of International Reinsurance, Ltd.,...
Dec 14 2004 // Standard & Poor’s Ratings Services announced that on Jan. 1, 2005, it will withdraw its “A”‘ insurer financial strength and counterparty credit ratings on Swiss Re Australia Ltd., a subsidiary...
Dec 9 2004 // Standard & Poor’s Ratings Services has published an article titled “U.S. Reinsurance Year-End 2004 Outlook: Ratings Stability in 2005, An Atoll in Stormy Seas.”The article reviews the U.S....
Dec 9 2004 // Standard & Poor’s Ratings Services announced that it has withdrawn its “Bpi” issuer credit rating and financial strength rating on Universal Malayan Reinsurance Corp. (UMRE). “The withdrawal is...
Dec 7 2004 // Tillinghast’s Directors & Officers (D&O) liability insurance premium index dropped 10 percent from 2003 to 2004, the first decline since 1999, according to the 2004 Directors & Officers Liability...
Dec 7 2004 // Bermuda’s XL Capital Ltd. announced that it is creating two new senior executive positions in recognition of the continuing development of its organizational structure and global management.Executive Vice President,...
Dec 6 2004 // This year’s annual report on the reinsurance industry is a bit later than usual. It seems that beginning in August the voyage was interrupted by some serious storms, and it was hard to catch up to the boat as it...
Dec 6 2004 // Partners Continue to Come and Go, But It’s a Great Time to Jump in the GameProgram business over the past 10-15 years has been a rocky road for the insurance industry. Companies are in the game today, but gone...
Dec 6 2004 // Rating agencies are a reality, and we have to live with them,” Martin Kauer, CFO, Converium AG. “Market share is the enemy of risk management,” Brian O’Hara, president and CEO, XL Capital....
Dec 6 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its ‘A’ counterparty credit and financial strength ratings on Inter-Ocean Reinsurance Co. Ltd. (IO Re) and subsequently withdrew its...
Dec 6 2004 // Standard & Poor’s Ratings Services announced that it has removed its ‘BBB-‘ ratings on Centre Solutions (Bermuda) Ltd. and related operating companies from CreditWatch, where they were placed on...
Dec 2 2004 // The chairman and chief executive officer if AIG said he thinks the ongoing broker investigations will cost large insurance brokers some of their top people and eventually make brokers leaner and more responsive to...
Dec 2 2004 // Swiss Re held its annual review and outlook on insurance markets in London yesterday, Dec.1. Looking to the future, the company predicted that the life and non-life industry’s 2004 return to profitability would...
Nov 29 2004 // According to a survey of reinsurers’ statutory underwriting results conducted by the Reinsurance Association of America (RAA), a group of 27 of the leading U.S. property/casualty reinsurers wrote $22.3 billion of net...
Nov 24 2004 // Aon Re Services Global Accident, Health and Life announced that Eduardo Jean-Mairet has joined the Life practice group as Director – Structured and Traditional Life Reinsurance (Europe). “He will use his...
Nov 23 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of the Barbados-based Imagine Insurance Company Limited, and has assigned the company an “a-” issuer...
Nov 23 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A-” (Excellent) of Korean Reinsurance Company with a stable outlook.“The rating reflects the company’s continuous...
Nov 22 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on White Mountains Insurance Group Ltd. (WTM), Fund American Cos. Inc., Folksamerica Reinsurance Co. and Sirius International...
Nov 22 2004 // Mutual Risk Management Ltd. (MRM) announced on Monday that the federal judge presiding over its multi-million dollar claim for tortious interference against John Hancock Life Insurance Company (Hancock) has denied...