June 18, 2007
An education isn’t how much you have committed to memory, or even how much you know. It’s being able to differentiate between what you do know and what you don’t. — Anatole France (1844 – 1924) Apparently, when it comes …
June 18, 2007
It’s becoming a familiar song: the Federal Terrorism Risk Insurance Act (TRIA) is once again due to expire on Dec. 31, 2007, and as of this writing, no long- or short-term successor program has been decided upon or finalized. The …
June 18, 2007
An education isn’t how much you have committed to memory, or even how much you know. It’s being able to differentiate between what you do know and what you don’t.– Anatole France (1844 – 1924) Apparently, when it comes to …
June 18, 2007
An education isn’t how much you have committed to memory, or even how much you know. It’s being able to differentiate between what you do know and what you don’t.– Anatole France (1844 – 1924) Apparently, when it comes to …
June 18, 2007
Renewal of TRIA likely to go down to the wire, again It’s becoming a familiar song: the Federal Terrorism Risk Insurance Act (TRIA) is once again due to expire on Dec. 31, 2007, and as of this writing, no long- …
June 13, 2007
France’s SCOR Group announced the official opening of its public tender offer for all of the publicly held registered shares of Converium Holding Ltd. The somewhat delayed offer – due to the time required to comply with Swiss takeover laws …
June 12, 2007
Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on the core subsidiaries of France’s insurance and asset management group AXA to “AA” from “AA-.” The new, extremely strong rating reflects “the successful …
June 12, 2007
Guy Carpenter & Company, the global risk and reinsurance specialist of the Marsh & McLennan Companies, has published a new study on the “Global Terror Insurance Market.” It contains information from “six continents and 34 countries,” said the announcement, and …
June 12, 2007
Oakland, Calif.-based EQECAT, Inc., a subsidiary of ABSG Consulting, has provided the hurricane and earthquake risk assessment, and the design of the parametric insurance contracts for the formation and operation of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) that became …
June 12, 2007
Standard & Poor’s Ratings Services has assigned its “B” senior secured debt rating to the $75 million class A, series 2007-I principal-at-risk variable-rate notes issued under the newly established shelf program, Nelson Re Ltd., sponsored by Glacier Reinsurance AG (Glacier …