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September 2008/4
  • AIRROC commutation event set to break attendance record
    The New Jersey based run-off commutations event which takes place next month is poised to be the largest yet with around 450 delegates now expected.
    22 September 2008
  • HSBC brokers given Qatar greenlight
    HSBC Insurance Brokers has become the latest broker to access the emerging Middle East market after gaining a licence for Qatar.
    22 September 2008
  • Industry reveals extent of Lehman exposures
    The global (re)insurance industry has been counting the cost and revealing its total exposure to failed US investment bank Lehman Brothers, which filed for bankruptcy protection on 15 September.
    22 September 2008
  • Four cat bonds on negative following Lehman collapse
    The collapse of Lehman Brothers made its impact felt in the reinsurance convergence markets last week as ratings agency Standard & Poor's (S&P) put tranches of four cat bonds guaranteed by the failed investment bank on negative watch.
    22 September 2008
  • Does AIG spell end to soft market? Probably not…
    Market figures and commentators have offered contrasting views on the perceived market opportunities in the wake of last week's US Government led bail-out of American International Group (AIG).
    22 September 2008
  • SWIFT to launch electronic reinsurance platform
    Global electronic banking payments specialist SWIFT is to provide an electronic platform for electronic data transmission to a group of major reinsurance players.
    22 September 2008
  • Senior Marsh UK exec replaced
    Chris Wallace the head of the commercial client practice at Marsh UK has left the company "to pursue other interests", The Insurance Insider has learned.
    22 September 2008
  • US Re hires Generali veteran
    Reinsurance broker US Re Corp has appointed former Generali executive Riccardo Nicolini as senior vice president.
    22 September 2008
  • Senior appointments at Ariel Re
    Ariel Reinsurance Company Ltd has appointed Ryan Mather to the newly-created role of chief underwriter, property reinsurance.
    22 September 2008
  • Cat modellers narrow Ike loss range
    Loss estimates from Hurricane Ike have been narrowed by two leading catastrophe modelling firms, as loss adjusters continue to count the cost of the damage.
    22 September 2008
  • (Re)insurance stocks bounce back
    Non-life (re)insurance stocks continued to bounce back this morning (22 September) as the mooted US government financial market rescue plans and temporary bans on short selling fuelled further buying of global financials.
    22 September 2008
  • Will Solvency II now need to be rethought?
    The financial markets meltdown - which has led to the rescue of American International Group, the collapse of Lehman Brothers and the effective end to the investment banking industry...
    22 September 2008
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