News
Berkshire's guru speaks.
Insurers and reinsurers were treated in late May to a unique glimpse into the mind of one of the men ...
Asbestos will cost $200bn.
US claims and costs associated with exposure to asbestos will ultimately total $200bn, according to ...
Appointment at Lloyd's.
Lloyd's has made Phillip Bungey chief technology officer of its website www.lloyds.com. Mr Bungey ha...
Net reinsurance premiums higher.
Net reinsurance premiums written by US property casualty reinsurers in the first quarter 2001 were n...
Who owns agencies?
Following its infamous losses, Lloyd's has certainly felt a shift in the spread of its investors. Adrian Leonard investigates who owns what.
Max Re makes Grand entrance.
Privately-owned Bermudian company Max Re Capital and Bayerische Hypo- und Vereinsbank (HVB) of Germa...
Trenwick to sell shares.
(Re)insurer Trenwick is to sell up to $400m of shares, warrants and contracts to raise money for use...
Appointment at Swiss Re Financial Products.
Swiss Re Financial Products in New York has appointed Frank Ronan, a former head of structured credi...
Europe ups income 8%.
The European insurance industry increased its income by 8% in 2000 to EUR788bn, following a 10.2% in...
Life support.
The Japanese life market may be volatile but Axa is not regretting its decision to take over Nippon Dantai. Jeremy Golden reports.
Tokio story.
Jeremy Golden finds that Japan's leading non-life insurer, Tokio Marine and Fire, has been reassessing its approach to reinsurance as it faces up to deregulation of the local insurance market.
"Do or die" at Lloyd's.
The Lloyd's chairman Sax Riley has told Lloyd's members that he is embarking on a "do or die" reform...
Expensive earthquake in Japan.
Japan's Marine and Fire Insurance Association has released figures showing that the Richter 6.4 Geiyo...
Appointment at American Re.
William Fischer has joined American Re's brokered group as senior vice-president for property busine...
Extremes do have value.
Adrian Leonard delves into extreme value theory modelling, which might be just the thing to predict the most unlikely events when pricing high-level excess of loss contracts.
Points of reference.
John Butler considers a case in which a European jurisdiction could not be assumed, despite the words of the contract.
Axa group sets up in New York.
The France-based Axa group has set up a New York aviation underwriting operation that opened for bus...
Lloyd's to hold auction.
Lloyd's will hold the first auction of underwriting capacity for the 2002 year of account on 4-5 Sep...
Shortlisted for Award.
Aon and JLT Risk Solutions have been shortlisted for the Lloyd's-sponsored Reinsurance Broking Initi...
CMGL buys Lambourn.
Claims Management Group (CMGL), which provides reinsurance management and other (re)insurance servic...
Appointment at Gerling Global Re Corp. of America.
Charles Troiano, the chairman and chief executive of Gerling Global Re Corp. of America has left the...
AM Best produces first rating for syndicate.
Rating company AM Best has produced its first rating for a Lloyd's syndicate, marking a further step ...
AIG plans to open at Lloyd's.
American International Group (AIG) is to set up an underwriting syndicate at Lloyd's backed by £100m...
Appointment at Employers Re Corp.
Employers Re Corp. (ERC) has appointed Larry Hunter-Blank specialty segment leader and Cliff Dunigan...