CRE Insurance
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Montpelier Re reports record year and hands back capital
Montpelier Re Holdings, the Bermuda-based short-tail reinsurance and specialty lines carrier, delivered a record net profit in 2009 of $464m…
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Flagstone predicts “challenging” mid-year renewal after record profits
Flagstone Re continued the good news from Bermuda for insurers and reinsurers as it reported a record profit for 2009,…
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Don’t sacrifice health and safety for short-term profit warns HSE’s Hackitt
International energy industry executives were warned last week to not allow short-term financial targets to overshadow basic health and safety…
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Brussels turns attention to broker pay as FERMA explains buyer needs
The European Commission has requested advice on how conflicts of interest between insurance brokers and their customers can be managed…
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Captive groups makes last ditch plea to finance ministers on Solvency II
Leading representatives of Europe’s captive community have written a joint letter to the national finance ministers of the European Union…
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Toyota U.S. captive safe as motor firm faces rising law suits for recall
The recent product recall by car manufacturer Toyota because of problems related to floor mats, accelerator pedals and faulty breaking…
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Amlin seeks ‘powerful’ role in France with merger of operations
Amlin, the London-based insurance group and biggest underwriting agency at Lloyd’s, has announced plans to form a separate division for…
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Munich Re, SCOR and Hannover Re confirm flat year-end reinsurance renewal
Munich Re confirmed market expectations that the year-end reinsurance renewal would be flat as it announced a consolidated profit significantly…
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AWAC Europe launches professional lines division for SME market
Allied World Assurance Company (Europe), the European arm of Bermuda-based AWAC, has launched a new division that will offer professional…
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AXIS launches renewable team in London and higher profits for 2009
AXIS Capital Holdings, the Bermuda-based insurance and reinsurance group, has formed a renewable energy team within its AXIS Insurance business…
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Gerhardt to leave following PartnerRe acquisition of PARIS RE
PARIS RE Management Board members Hans-Peter Gerhardt, President and CEO, Jean-Luc Gourgeon, Chief Underwriting Officer, Marie-Hélène Autem, Head of Human…
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Zurich reports rates up 4% in commercial and corporate lines
Zurich Financial Services reported that its Global Corporate business had managed to achieve average rate increases in 2009 of 4%…
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Time to get real in Brussels – Comment
The European Commission is driving the news agenda in the European corporate insurance buyer’s world this week as the debate…
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Reinsurers back away from planned rate hikes
Leading international brokers told Garry Booth that reinsurance companies failed to force a hardening in terms and conditions at the…
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The final frame – Karel Van Hulle
The Solvency II project enjoyed a good start when the European Commission adopted the proposals in July 2007 because none…
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Man in the middle – Peter Skinner
As Rapporteur for Solvency II in the European Parliament, Peter Skinner, MEP has a pivotal role to play. Adrian Ladbury…
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Who is Peter Skinner?
Peter Skinner was born in Oxford, England on 1 June, 1959. He graduated from Bradford University with a BSc (Hons)…
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Onwards and upwards – Philippe Rocard
Philippe Rocard recently took over from Jean-Paul Rignault as Chief Executive Officer of AXA Corporate Solutions. During his time at…
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Tougher Solvency II rules threaten captives cull
Up to 40% of captives may be forced to close as a result of increasingly punitive capital charges imposed by…
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Den Dekker to present buyer case on broker pay to BIPAR
[BRUSSELS] - Peter den Dekker, President of the Federation of European Risk Management Associations (FERMA) will give a presentation to…