Reinsurance

U.S. life reinsurance segment stable: Best

Posted On: Nov. 20, 2009 4:30 PM CENTRAL OLDWICK, N.J.—The U.S. life reinsurance segment is stable and reflects life reinsurers’ ability to effectively manage through the recent financial crisis, A.M. Best Co. Inc. says in a...

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Kelaher Joins Duck Creek's Board of Directors

Posted on: Friday, 20 November 2009, 15:54 CST BOLIVAR, Mo., Nov. 20 /PRNewswire/ -- Duck Creek Technologies, Inc. (Duck Creek), a leading provider of software and services for the insurance industry, today announced that Terry...

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Best Affirms Ratings Flagstone Re Africa's 'A-' Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of 'A-' The ratings reflect the company’s" strong risk-adjusted capitalization as well as the explicit support provided by its parent, Flagstone Reassurance Suisse...

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SEC Slaps Greenberg on AIG Accounting - BusinessWeek

Former AIG CEO Hank Greenberg will have to pay $15 million in penalties for 2000-2005 infractions at the insurance giant It's another black eye for ailing insurance giant American International Group . On Aug. 6, the Securities...

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Conseco Announces Reinsurance Transaction

CARMEL, Ind., Nov. 20 /PRNewswire-FirstCall/ -- Conseco, Inc. today announced a new agreement under which its Bankers Life and Casualty Company subsidiary ("Bankers Life") will coinsure, with an effective date of October 1,...

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Devine Leaves Aon Risk Services, Launches 1World Sports / New Organization Dedicated to Bringing...

CHICAGO, Nov. 20 /PRNewswire-FirstCall/ -- Aon Corporation, the leading global provider of risk services and human capital consulting, today announced that Ted T. Devine will be leaving the firm. Effective immediately, Devine...

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BRIEF-Conseco announces reinsurance transaction

Nov 20 (Reuters) - Conseco Inc: * Announces reinsurance transaction * Says Wilton re will pay a ceding commission of approximately $45 million and 50% coinsure these policies * Says expects to record an increase to its deferred...

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Insurer appetite wanes in food industry

LONDON, 19 November 2009 – Aon, the UK’s leading insurance broker, is warning that insurers may reduce the amount of capital they’re willing to commit to the food industry in Q4 2009 and into 2010. By comparison, nearly all...

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Aon eSolutions Provides Products For Clients To Help Manage New Mandatory Reporting Requirements...

RiskConsole and iVOS tools to assist with claims data management and reporting Chicago NYSE: AOC CHICAGO, Nov. 19, 2009 – Aon eSolutions, provider of award winning technology-based tools that improve the management of risk,...

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David Einhorn & Greenlight Re

I don't often cover individual stocks, but I'll make an exception for this company. Greenlight Re (GLRE) is a very interesting company. I'm not recommending it and I do not own any GLRE, but I do think it is worth a look,...

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