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PremiumgrowthaidsValidus'63%riseinprofits保费增长使Validus集团利润上涨63%ValidusHoldingsLtd.’sprofitsforthefirsthalfof2009grew63%,duemainlytostrongpremiumgrowthandanear-absenceofmajorlossevents,thecompanysaid.Validusreportedfirst-halfnetincomeof$232.5million,comparedwith$142.4millioninthesameperiodlastyear.Forthesecondquarter,itsnetincomewas$137.6million,upfrom$75.9millionayearearlier.Netpremiumswrittenforthefirsthalftotaled$900.1million,a10.4%increase.Thecompanyreportedacombinedratioof73.5%.Investmentincomeforthefirsthalftotaled$53.7million.Netrealizedinvestmentlossesforthefirsthalfwere$26.1million,comparedwitha$5.3milliongainayearearlier.Inaddition,Validussaiditexperiencedan$11millionlossrelatedtotheAirFrancecrashinthesecondquarter.“Thishasbeenanexcellentquarterwithveryhighearningsdrivenbygrowthinournoncatastrophebusinessglobally,”ValidusChairmanandChiefExecutiveOfficerEdNoonansaidinaconferencecallwithinvestorsThursday.“Wecontinuetoseepositiveratemovementsinthevastmajorityoftheclassesweunderwrite,”hesaid.TheHamilton,Bermuda-basedinsurerandreinsurer,whichrecentlywonabitterbattletoacquirefellowBermuda-basedreinsurerIPCHoldingsLtd.,saiditis“onpace”toclosethetransactioninthethirdquarter.Forthesecondquarter,thecompanyreported$15.9millionofnonrecurringexpensesrelatedtotheIPCamalgamation.The$1.65billioncash-and-stockdealraisedconcernswithsomeanalystsaboutthecombinedentity’slargeconcentrationofcatastrophe-exposedbusinessastheU.S.hurricaneseasonisunderway.Mr.NoonansaidValidushasdonea“significantamountofhedginginanticipationofcombiningthetwoportfolios.Asweapproachwindseason,intotalwehave$250millionofprotectioninplace,”hesaid.Aspartofthedeal,Validushasgivenupterminationrightsintheeventofacatastropheloss,meaningitcannotbackoutoftheacquisitionshouldalossoccur.IPCrequestedtheprovision.Inaninterviewlastweek,Mr.Noonansaidhewas“notconcerned”aboutcompletingatakeoverduringthehurricaneseason“becausebothcompaniesareveryconservativeunderwriters.”Inaddition,“IPCisextremelywell-capitalizedfortheriskstheytakeon,”hesaid.Mr.NoonansaidValidusaimstoreducecatastropheexposurestoroughly25%ofthecombinedValidus-IPCbookofbusiness.Currentlyonapro-formabasispropertycatastrophebusinessaccountsforroughly40%ofthecombinedentity.Validus集团2009年上半年利润增长63%,公司称这主要是因为保费大幅上涨和近期没有发生损失严重的事件Validus报告上半年的净收入是2.325亿美元,而去年同期这一数字仅为1.亿424万美元第二季度的净收入为1.亿376万美元,比去年同期多7590万美元。转载自:(Rims)hassetupa10mancommitteetaskedwithsupportingglobalriskmanagementanddevelopingimprovedstandardsandprocesses.RimshopesitsnewStandardsandPracticesCommitteewillenableittoincreaseitsprofileinthestandardsandpracticesarenaandmakeittheprimaryresourceinshapinganddevelopingglobalriskmanagementstandards.Thecommittee’sprimaryrolewillbetoeducateriskmanagersandorganisationsonvariousriskmanagementstandards.ItwillalsoworkwiththeUSDepartmentofHomelandSecurityonvoluntarypreparednessandbusinesscontinuity.WayneSalen,amemberofRims’boardofdirectorsanddirectorofriskmanagementatLaborFindersInternational,willserveasthefirstboardliaisonforthecommittee.ThecommitteeischairedbyCarolFox,formerchairofRimsEnterpriseRiskManagementdevelopmentcommitteeandseniordirectorofriskmanagementatConvergysCorp.ShewillbesupportedbyManusO’Donnell,administrativevicepresidentanddirectorofcorporateinsuranceandriskatM&TBank.TheothermembersoftheStandardsandPracticesCommitteeallhavestrongriskmanagementbackgrounds.Theyare:NathanBacchus,Rims’stateandregulatoryaffairsassociate;SusanBarry,directorofriskmanagementatDRSTechnologies;SandraBodensteiner,claimsmanagerattheCityofStPaul,Minnesota;KristenDrobnis,seniorvicepresidentofriskmanagementatMassDevelopment;LoisGardiner,directorofriskmanagementatCanadianPacificRailway;YvetteHoSang,riskmanagementanalystattheInstituteofElectricalandElectronicsEngineers;andPaulPiazza,riskmanageratHoneywellInternationalInc.风险与保险管理协会已组成10人委员会,主要任务是支持全球风险管理并完善改良后的标准和过程转载自:由于连续六个季度亏损,美国国际集团消费金融部裁员900人PostedOn:Aug.13,20092:00PMCSTNEWYORK(Reuters)—AmericanInternationalGroupInc.'smoney-losingconsumerfinanceunitonThursdaysaiditeliminated900jobsandclosed145branchesinthefirsthalfoftheyear,andmaymakefurthercutbacksasitpreparestobesold.Inaregulatoryfiling,AmericanGeneralFinanceCorp.saiditsquarterlylossincreasedsevenfoldto$227.2millionfrom$31.8millionayearearlier,asrevenuedeclined32%.AmericanGeneralhaslost$467.8millionthisyear,afterlosingmorethan$1.3billionin2008.Ithaslostmoneyforsixstraightquarters.Thejobandbranchcutsrepresentabout11%oftheyear-endtotalsthattheEvansville,Ind.-basedcompanyhadreported.AmericanGeneralsaiditended2008with7,900employeesand1,374offices,aseparatefilingshows.Wemayimplementfurthermeasurestopreserveourliquidityandcapital,includingadditionalon-balancesheetsecuritizations,portfoliosales,expensereductions,branchclosures,andreductionsinproduction,thecompanysaid.Itsaiditexpectstohaveenoughliquidityforatleastayear.An

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