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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
Arch Worldwide reveals new chief; announces $500mn share buyback
Arch Capital Group has announced a new chairman and CEO for Arch Worldwide Insurance Group, following news it is to start a $500mn share buyback scheme.
19 May 2008
PartnerRe names new global CEO and chairman
Bermudian PartnerRe has announced two senior management changes to its non-US global operations.
19 May 2008
Greenlight Re Q1 losses decrease
Cayman Islands-based reinsurer Greenlight Capital Re revealed its losses more than halved in the first quarter compared to the same period last year.
19 May 2008
Arig Q1 profits slump on investment returns
Arab Insurance Group (Arig) has revealed profits more than halved in the first quarter of 2008, compared to the prior-year period.
19 May 2008
Catlin on track for full-year forecast despite Q1 claims
Catlin Group Ltd is on track for its full-year forecast, as premium income remains flat in the first quarter of 2008, according to Numis Securities.
19 May 2008
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
New York court dismisses fraud case against Cavell USA
A New York Federal court has dismissed fraudulent misconduct claims against Cavell USA Inc - an affiliate of Brandywine owner Randall & Quilter - and its chairman Ken Randall brought by US run-off insurers Seaton Insurance Company and Stonewall Insurance
19 May 2008
Insurers must 'find new business model', says Beglinger
Former Swiss Re executive Shirley Beglinger has called for collaboration in the industry after it was estimated a quarter of insurers are unprepared for Solvency II.
19 May 2008
Chaucer's Q1 investment performance hit by market turmoil
The investment portfolio of listed-Lloyd's insurer Chaucer Holdings plc returned a loss in the first quarter as it was hit by the continued global economic and credit turbulence.
19 May 2008
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