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There are 68,919 results that match your search.68,919 results
  • Tropical Storm Hermine makes landfall
    North Atlantic Tropical Storm Hermine - the eighth named storm of the season - has made landfall in north-eastern Mexico and crossed the Rio Grande, with sustained storm force winds occurring over portions of the Texas Deep South.
    07 September 2010
  • NZ insured quake losses could reach $4.5bn
    Insured losses from the New Zealand earthquake could reach $2 to 4.5bn, modelling firm AIR Worldwide estimates.
    06 September 2010
  • CNA completes Berkshire reinsurance transfer
    CNA Financial Corp last week (31 August) completed its transfer of asbestos and environmental pollution liabilities to Berkshire Hathaway - a deal that provides it with up to $4bn of long-tail adverse development cover.
    06 September 2010
  • Minster scheme gains US recognition
    Minster Insurance, the solvent scheme of arrangement sanctioned in the UK in March, has been granted Chapter 15 relief that prevents legal action against the scheme by US policyholders, The Insurance Insider understands.
    06 September 2010
  • Nelson Re downgraded on Glacier wind-down
    The outlook on Glacier Re's 2008 Nelson Re catastrophe bond has been downgraded after the Swiss reinsurer placed its business into run-off late last month.
    06 September 2010
  • Kompasu losses should be under $500mn
    Insurable damages from Typhoon Kompasu could range from $500mn to $2bn in South Korea, according to modelling firm Eqecat.
    06 September 2010
  • Fitch: discipline crucial as combined ratios climb
    As anaemic yields cut into investment returns and reserve releases dry up, underwriting discipline is crucial for reinsurers and "the only lever left" for senior management battling the soft market.
    06 September 2010
  • Swiss Re chairman confirms plans to repay Berkshire
    Swiss Re chairman Walter Kielholz confirmed that the reinsurer plans to pay back the SFr3bn 2009 capital injection from Berkshire Hathaway rather than allow the Warren Buffett-headed investment giant to convert bonds into shares on the cheap.
    06 September 2010
  • Hurricane Earl fizzles
    Hurricane Earl shaped up as the biggest threat of the season so far, but it proved to be an empty one, after the storm remained well off the US eastern coast before weakening to a tropical storm late on Friday 3 September as it headed to Nova Scotia.
    06 September 2010
  • August brings heavy nat cat toll
    A series of damaging natural catastrophes caused widespread economic losses last month, although limited (re)insurance cover meant there were only modest exposures for property and casualty writers.
    06 September 2010
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