Loeb’s Third Point Re Set for IPO as Einhorn’s Truck Bet Shows Insurers’ Risk August 14, 2013 By Noah Buhayar and Lee Spears Investors in Third Point Reinsurance Ltd.’s initial public offering are betting on billionaire hedge fund manager Daniel Loeb. They’re also...
India’s MRPL to Receive Iranian Oil Cargo after 4-Month Gap August 13, 2013 India’s Mangalore Refinery and Petrochemicals Ltd said on Monday it expects to receive an Iranian oil cargo by the end...
Ratings Recap: Eni Insurance, Gulf Re August 13, 2013 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating...
Aon Extends Partnership with NFL for International Series in 2013-2014 August 13, 2013 Aon plc is making the best of its new London domicile. With its roots in Chicago, the home of one...
Tropical Cyclone Utor Slams Philippines, Heads towards China: AIR Worldwide August 13, 2013 Catastrophe modeling firm AIR Worldwide reports that “Typhoon Utor slammed into the northern Philippine island of Luzon on Monday, August...
FSB Examines ‘Too Big to Fail’ Insurers; CIRC Expands Insurers’ Investments August 13, 2013 By Carla Main The Financial Stability Board said an extended version of its guidance on the resolution of systemically important banks will apply...
ACE Promotes Salmon, Germano for European Casualty August 12, 2013 The ACE Group today announced the promotion of Jerome Salmon to the position of Regional Casualty Manager, Continental Europe. He...
Cat Bonds, Sidecars Keeping Reinsurance Rates Low Says Guy Carpenter August 12, 2013 Reinsurance market rates continued to be driven by an influx of capital from third-party investors at the July 1 renewals,...
Best Affirms Generali, Main Subs Ratings; Outlook Remains Negative August 12, 2013 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings...
Asiana Offers San Francisco Crash Victims $10,000 Payout August 12, 2013 By Rachel Evans Asiana Airlines Inc., the South Korean carrier that suffered a fatal jet crash in San Francisco last month, plans to...