News
Up in the air
The future of third-party aviation liability cover remains unclear and the aviation sector is suffering from more expensive and restricted cover, says Vic Wyman.
Market talks sense
Reinsurers have been paying the price for years of low rates and are now determined that cedants pay the right price for their wares. Janina Clark and Vic Wyman report on the preliminary renewal talks at last month's Monte Carlo Rendez-Vous.
Appointment at Allied World Assurance
New Bermudian (re)insurer Allied World Assurance continues to grow. Thomas McKevitt (right) joins f...
Rebriefs - WR Berkley
US (re)insurer WR Berkley has set up a direct casualty facultative reinsurance unit called BF Re Un...
Rebriefs - Swiss Re
Walter Kielholz is expected to step down as chief executive of Swiss Re by the time he becomes chai...
Endurance aims for UK licence approval.
New Bermudian (re)insurer Endurance Specialty has applied to the UK's Financial Services Authority ...
Trenwick wins US backing
US (re)insurer Berkshire Hathaway is providing backing to enable Lloyd's managing agent Trenwick to...
More on than off
Adrian Leonard finds capital returning to the energy market as it finally hardens following major losses and years of overcapacity.
Scor drops bid for Gerling
French reinsurer Scor has pulled out of its exclusive negotiations with German (re)insurer Gerling ...
Capacity challenge
The promise of bigger aircraft and the apparent return of pre-11 September 2001 passenger traffic levels could be good for (re)insurers, says Eric Alexander.
Rebriefs - International Underwriting Association
The International Underwriting Association (IUA) of London is to create by January 2003 an affiliat...
No common view of state role
It might not be everyone's favourite topic but government involvement in (re)insurance was the catalyst for a lively lunch debate in Monte Carlo, hosted by Reinsurance and PricewaterhouseCoopers. Janina Clark reports.
Rebriefs - Cox
London insurer Cox has transfered its general aviation business to German insurer Allianz as part o...
Arig extends rights offer period by a month
The Arab Insurance Group (Arig) has extended by a month a rights offer intended to raise $100m and ...
Rebriefs - Hannover Re
Germany's Hannover Re may strengthen its capital to retain its 'AA' (very strong) financial strengt...
Rebriefs - Royal and SunAlliance
UK insurer Royal and SunAlliance (RSA) is to buy facultative property and casualty reinsurance on-l...
Causal concerns
John Butler considers the application of socio-economic factors in the House of Lords' decision in the Fairchild v Glenhaven asbestos case.
NAIC studies foreign regulation
The National Association of Insurance Commissioners (NAIC) of the US has appointed working groups t...
Finality with a flourish
Run-off and commutation experts are in growing demand around the world and they believe the increasing efficiency in their "vibrant market" could have a beneficial effect on the whole (re)insurance industry. John Sanders reports.
Rebriefs - Thai Re
Thailand's leading reinsurer, Thai Re, has been given 'BBB' (good) counterparty credit and financia...
Rebriefs - Benfield Greig Hazard Research Centre
The Benfield Greig Hazard Research Centre of University College London is setting up remote-learnin...
Discipline returns at last
Underwriter Richard Williams forecasts further dramatic change in the aviation reinsurance market as rates rise and conditions tighten.
Rebriefs - Moody's
Moody's has put the 'Aa1' (excellent) insurance financial strength rating of Axa Re Finance under r...
Reweb.
First seen on the Reinsurance website www.insurancewindow.net ...