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News in brief
Geithner still expects loss on AIG;Towers Watson sells VIPitech to Algorithmics; Montpelier Re wins reinsurance arbitration; Xchanging to partner with European financial payments specialists...
28 June 2010
R&Q and GLOBAL Re form European partnership
Randall & Quilter Investment Holdings plc (R&Q) and GLOBAL Reinsurance Company have formed a partnership for the purchase and management of non-life run-off companies in Europe.
22 August 2008
CX Re pulls Tawa down to $42mn loss
UK-listed legacy vehicle Tawa plc saw deepening losses in the bond portfolio of its run-off subsidiary CX Re drag it to a 2008 after-tax loss of $42.4mn.
06 April 2009
Munich Re heads $110mn Caribbean programme
Munich Re led the innovative $110mn reinsurance programme for the World Bank-sponsored Caribbean Catastrophe Risk Insurance Facility (CCRIF), which went on risk for 16 countries in the region on 1 June.
11 June 2007
R&Q and GLOBAL Re form European partnership
Randall & Quilter Investment Holdings plc (R&Q) and GLOBAL Reinsurance Company have formed a partnership for the purchase and management of non-life run-off companies in Europe.
21 August 2008
Hannover Re predicts low China quake losses
Hannover Re has revealed that its pre-tax net loss burden from the recent Chinese earthquake is likely to be more than EUR10mn.
20 May 2008
Chaucer re-emerges as M&A target
With Lloyd's stocks surging ahead of international rivals in recent months, some have suggested a tailing off in the M&A fever that has consumed the sector in the last two years...
09 December 2008
INSIDE XL CAPITAL: Investment strategy rethink
In line with plans to refocus its business on its core (re)insurance operations, XL Capital also signalled a shift in its investment strategy, which has proved costly in the current credit and financial markets turmoil.
04 August 2008
For a Few Dollars More
Warren Buffett rode to the rescue of reinsurance giant Swiss Re for the second time in a little over a year in a move that displayed his unquenchable thirst for distressed opportunities.
01 September 2009
Qatari executives join CATCo board
Start-up Bermudian reinsurance fund CATCo has signed up two executives from the Qatar Insurance Company to its board.
22 November 2010
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