News
Michael Lange resigns
Michael Lange, who was responsible for the orderly run-off of Cox's commercial division, has resign...
Case is broker "chink of light"
Individual insurance brokers have been provided with "a chink of light" regarding their liability i...
Appointment at Lane, Clark & Peacock LLP
Leading consulting actuaries Lane Clark & Peacock LLP (LCP) have appointed Michael Hepher as indepe...
Lloyd's goes back into black in 2002.
Hardening (re)insurance rates have helped the Lloyd's market back into the black with a forecast pro...
Hannover ratings cut.
Hannover Re pledged to defend its credit rating, possibly with capital raising, as it announced a ne...
reweb - First seen on the Reinsurance website www.insurancewindow.net
- Bermuda-based reinsurer Imagine Group has ditched plans it announced in July 2002 to rename itself...
Lloyd's fights insurers on Central Fund.
Lloyd's has started arbitration proceedings against six (re)insurers that are withholding payment fo...
Lloyd's goes back into black in 2002.
Hardening (re)insurance rates have helped the Lloyd's market back into the black with a forecast pro...
Down and almost out.
Aviation (re)insurers rely on a healthy aviation industry but the prospects are not good, says Eric Alexander.
Unknown may resist analysis.
The industry is keen to model terrorism risk, but such attempts to second-guess terrorists may never be very successful, says John Sanders.
UK tax authorities to introduce tax relief for Lloyd's Names.
The UK tax authorities are to introduce tax relief for Lloyd's Names with unlimited liability. The c...
Scor ups its stake in IRP.
French reinsurer Scor plans to increase its stake in its Dublin-based retrocession vehicle, Irish Re...
Munich Re happy with capital.
Munich Re said it had no further plans to raise capital beyond last month's EUR3bn ($3.2bn) and £300...
No inducement.
The appeal court found that, despite allegations of non-disclosure and misrepresentation by Generali, Arig had to pay up, says John Butler.
Appointment at Zurich Financial Services of Switzerland.
Zurich Financial Services of Switzerland has appointed a new global head of group reinsurance. Thoma...
Ram Re completes third round of capital raising.
Bermudian guarantee reinsurer Ram Re has completed a third round of capital raising totalling $91.6m...
Diary.
MAY 2003 4-7 ISO 2003 PCS Catastrophe Conference Florida, US Insurance Services Office +1...
Chiltington Intrnational opens office in Chicago.
(Re)insurance consultancy Chiltington International has opened an office in Chicago, headed by Perry...
Appointment at Equitas.
Scott Moser became managing director of Equitas, the Lloyd's run-off company, on 1 April, and will s...
Appointment at GE Employers Re Corp.
GE Employers Re Corp. (ERC) has appointed Darren Harris claims director of its Canadian life and hea...
Reinsurers still keen for a taste.
The Japanese market may be a tough one, but foreign reinsurers continue to show an interest in it, says Jeremy Golden.
Mind the gaps.
With significant restrictions on the terrorism coverage offered under TRIA and massive hikes in premiums and deductibles across the board, the life of a US risk manager is far from easy. Janina Clark reports on the big issues discussed at last month's…
More hurricanes on the way.
Hurricane activity in the coming season is likely to be higher than the average, according to both t...
London-based (re)insurer Brit sees premiums grow.
London-based (re)insurer Brit saw its gross written premiums grow 77% over 2001 levels to £662.7m ($...