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There are 40,574 results that match your search.40,574 results
  • State Farm to launch giant cat bond
    US insurer State Farm is set to place a giant $4bn cat programme, consisting of both bonds and loans, to provide retrocessional protection for one of its subsidiaries. The company has formed a special purpose vehicle, called Merna Re, which will provide
    18 June 2007
  • Munich Re on path to S&P upgrade
    Bavarian-based (re)insurance giant Munich Re moved a step closer to restoring its once cherished double A rating on 27 June, with the news that Standard & Poor's (S&P) had revised its outlook on the company's A+ rating from stable to positive.
    07 July 2006
  • Wilma nears Florida coast
    After three days of pounding Mexico’s coastline, Hurricane Wilma has made landfall on Florida’s west coast. According to the latest information, the category three hurricane, which is packing 120mph winds and moving at around 20mph, came ashore just...
    24 October 2005
  • XL names ex-Safeco boss new CEO
    Troubled Bermudian giant XL Capital has gone outside the firm to name Michael McGavick as CEO in place of Brian O’Hara.
    17 March 2008
  • Sullivan reign ends as Willumstad takes AIG hot seat
    Martin Sullivan's tenure at the helm of American International Group (AIG) ended yesterday (15 June) as the veteran was replaced by chairman Robert Willumstad after 35 years at the US insurance giant.
    16 June 2008
  • Bermuda’s sidecars still fuelling interest
    If 2006 was the year of the sidecar, there is every sign that these and other non-traditional reinsurance vehicles will continue to emerge next year.
    17 November 2006
  • Sullivan gets AIG vote of confidence
    American International Group (AIG) CEO Martin Sullivan was given the vote of confidence by the company's board last week, despite growing pressure from investors after two consecutive quarters of record losses.
    19 May 2008
  • The Inevitable Hour - David Schiff on the fall of a legend, as AIG replaces Hank Greenberg as CEO
    In America, nothing fails like success, wrote novelist Budd Schulberg. That thought, among others, was on my mind yesterday as reports swirled around that Hank Greenberg, AIG's chairman and CEO, would soon be relinquishing the CEO title.
    17 March 2005
  • Jury change delays Gen Re verdict
    A change to the jury last week has caused a delay in reaching a verdict in the trial of Gen Re and American International Group (AIG) executives over an allegedly sham finite reinsurance contract.
    25 February 2008
  • Flagstone's premium income strengthened by Caribbean acquisition
    The acquisition of Caribbean property insurer Island Heritage boosted the premium income of "Class of 2005" reinsurer Flagstone Re, which rose 91 percent last year, it revealed in its 2007 results.
    25 February 2008
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